Wens Foodstuff Group gets NAFMII approval for 5 bn yuan financing

Wens Foodstuff Group Co., Ltd. has received approval from the National Association of Financial Market Institutional Investors (NAFMII) for the registration of short-term financing bills. The company's board of directors and the 2024 annual general meeting had previously approved the application to register and issue short-term financing bills not exceeding 5 billion yuan.

The approved registration amount is 5 billion yuan, valid for two years from the date of the notice. Industrial and Commercial Bank of China Limited will serve as the lead underwriter for the issuance. Wens Foodstuff Group can issue the short-term financing bills in tranches within the validity period of the registration.

The company is mandated to file with NAFMII before each issuance and manage the issuance in accordance with relevant regulatory decisions and requirements. Following each issuance, Wens Foodstuff Group must disclose the results through channels recognized by NAFMII, adhering strictly to the "Registration and Issuance Rules for Non-Financial Enterprise Debt Financing Instruments" and related disclosure regulations.