Cinda Securities Approved to Issue Corporate Bonds of Up to 5.2 Billion Yuan

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Cinda Securities recently received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors with a total face value of no more than 5.2 billion yuan. The approval was announced on September 8, marking regulatory clearance for the company's financing plan. The bond issuance will be used to supplement the company's capital or operating funds, with specific uses yet to be disclosed.

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