Orient Securities gets green light for bond issuance

Orient Securities (SSE:600958) announced it has secured registration approval from the China Securities Regulatory Commission (CSRC) to publicly issue perpetual subordinated corporate bonds to professional investors. The approved issuance has a face value not exceeding 10 billion yuan. The CSRC's approval, under document reference (证监许可(2025)370号), stipulates that the bond issuance must adhere strictly to the prospectus submitted to the Shanghai Stock Exchange. The approval is valid for 24 months from the date of registration, during which Orient Securities can issue the bonds in tranches. The company is obligated to report any material events occurring before the bond issuance concludes and will proceed with the issuance in accordance with relevant laws, regulations, and shareholder authorization. The announcement is dated March 6, 2025.