Founder Securities gets CSRC approval for short-term bond issuance

Founder Securities Company Limited announced today it has received approval from the China Securities Regulatory Commission (CSRC) for the public issuance of short-term corporate bonds to professional investors.

The approval permits the company to issue short-term corporate bonds with an aggregate face value not exceeding 50 billion yuan. The registration is valid for 24 months from the date of approval, allowing Founder Securities to issue the bonds in tranches within this period.

Founder Securities stated it will proceed with the issuance in accordance with relevant laws, regulations, and the CSRC's approval requirements. The company committed to timely information disclosure regarding all matters related to this issuance to professional investors.