Wens Foodstuff Group gets nod for 5 bn yuan bond issuance

Wens Foodstuff Group Co., Ltd. recently announced that it has received approval from the China Securities Regulatory Commission (CSRC) for the registration of its public issuance of corporate bonds to professional investors. The approval permits the company to issue corporate bonds with a total face value not exceeding 5 billion yuan.

The CSRC's approval stipulates that the issuance must strictly adhere to the prospectus submitted to the Shenzhen Stock Exchange. This approval is valid for a period of 24 months from the registration date, during which Wens Foodstuff Group is authorized to issue the corporate bonds in tranches.

The company is mandated to promptly report any significant events that may occur from the date of approval until the completion of the bond issuance, in accordance with relevant regulations. Wens Foodstuff Group's board of directors will proceed with the necessary arrangements for this issuance, complying with all applicable laws, regulations, and the requirements outlined in the approval document.