Shenwan Hongyuan Securities gets nod for RMB 40 bn bond issuance

Shenwan Hongyuan Group Co., Ltd. has announced that its subsidiary, Shenwan Hongyuan Securities Co., Ltd., received a "no-objection letter" from the Shenzhen Stock Exchange (SZSE). This letter confirms that the non-public issuance of corporate bonds by Shenwan Hongyuan Securities to professional investors meets the SZSE's listing requirements.

The no-objection letter pertains to a proposed bond issuance with a total face value not exceeding RMB 40 billion. These bonds are designated for issuance in 2025 to professional investors.

The no-objection letter is valid for 12 months from its issuance date. This announcement was made by the board of directors of Shenwan Hongyuan Group Co., Ltd. on December 9, 2025.