Summary by Futu AI
Central China Corporation (CICC) announced on 30 April 2024 that it has received a letter of no objection regarding the transfer of the Pendant Notes of a Non-Public Issuance Company issued by the Shanghai Stock Exchange, numbered as Letter No. 1228 (2024). According to the letter of no objection, the JSC will issue non-public corporate bonds to professional investors with a total amount of not more than RMB 100 billion and meet the conditions for the transfer of a license plate on the exchange. The Letter of No Objection shall be effective within 12 months from the date of issue and the intermediary may issue bonds in installments and carry out the transfer procedure during this period of validity. The Company will handle the relevant matters in accordance with the relevant regulations, without request for a letter of objection and the authorization of the General Meeting.