Core Viewpoint - Liaoning Chengda Co., Ltd. has received a no-objection letter from the Shenzhen Stock Exchange regarding its non-public issuance of exchangeable bonds, confirming that the issuance meets the listing conditions [1] Group 1: Stock Performance - As of September 18, 2025, Liaoning Chengda's stock closed at 11.97 yuan, down 2.84% from the previous trading day, with a total market capitalization of 18.311 billion yuan [1] - The stock opened at 12.31 yuan, reached a high of 12.31 yuan, and a low of 11.88 yuan, with a trading volume of 213 million yuan and a turnover rate of 1.15% [1] Group 2: Bond Issuance - The company plans to issue exchangeable bonds with a reduced scale of no more than 2.8 billion yuan, down from the previously approved 5 billion yuan [1] - The no-objection letter confirms that the application for the issuance of exchangeable bonds with a face value of up to 2.8 billion yuan is compliant with the listing conditions [1] - The company must submit the application for listing transfer within twelve months from the issuance of the no-objection letter, or it will automatically expire [1]