Summary by Futu AI
Yuexiu Property's affiliated company, Guangzhou Urban Construction and Development Co., Ltd., completed four issues of corporate bonds in 2023, with a total amount of RMB 9,400,000,000. The company completed the issuances on February 21, March 24, June 13, and December 22 of 2023, and obtained a credit rating of 'AAA' from China Chengxin International Credit Rating Co., Ltd. In addition, Yuexiu Property disclosed unaudited financial information for the three months ended March 31, 2024, of its subsidiary and reminded investors that the financial information only reflects the subsidiary's financial condition, not the overall financial condition of Yuexiu Property. The company will make further announcements regarding the issuance and listing of corporate bonds in accordance with regulations and remind shareholders and potential investors to trade cautiously.