Zhongtai Securities gains CSRC approval for short-term bond issuance

Zhongtai Securities Co. announced it has obtained 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 a total face value not exceeding 150 billion yuan.

The CSRC's approval is valid for 24 months from the registration date, allowing Zhongtai Securities to issue the bonds in tranches within this period. The company is required to adhere strictly to the submitted prospectus and report any significant events promptly until the issuance concludes.