First Capital Securities gets CSRC nod for RMB 8 bn bond issuance

First Capital Securities Co., Ltd. has secured registration approval from the China Securities Regulatory Commission (CSRC) to issue corporate bonds to professional investors. The approval allows the company to issue corporate bonds with a total face value not exceeding RMB 8 billion.

The issuance will strictly follow the prospectus submitted to the Shenzhen Stock Exchange. This registration approval is valid for 24 months from the date of consent, enabling the company to issue the corporate bonds in tranches within this period.

First Capital Securities is required to report any significant matters occurring between the approval date and the completion of the bond issuance, handling them according to relevant regulations. The company will also comply with applicable laws, regulations, and the authorization from its General Meeting of Shareholders to manage the bond issuance and fulfill its information disclosure obligations.