Guoxuan High-Tech gets green light for debt issuance

Guoxuan High-Tech (SZSE:002074) announced it has received approval from the National Association of Financial Market Institutional Investors to register both ultra-short-term financing bills and medium-term notes. The approved registration includes up to CNY 1 billion in ultra-short-term financing bills, valid for two years from the date of the acceptance notice, underwritten by Industrial Bank Co., Ltd. Furthermore, the company secured approval for up to CNY 20 billion in medium-term notes, also valid for two years, co-underwritten by Bank of China Limited and Industrial Bank Co., Ltd. The company plans to manage the issuance of these debt instruments in accordance with relevant regulations and market conditions, disclosing relevant information as required.