Zhijun Finance APP news, Shenzhen Expressway Corporation (600548.SH) announced that the shareholders' meeting has granted the Board of Directors the general authorization to issue bond financing instruments. According to the "Acceptance Registration Notice" (Zhongshi Association Note [2023] SCP12) issued by the China Foreign Exchange Trading System, the company plans to issue the third tranche of ultra-short-term financing bonds ("this ultra-short financing") on October 28, 2024, with an issuance size of RMB 1.5 billion, a term of 80 days, and the funds raised intended to be used to repay the company's outstanding debts. The issuance will be targeted at institutional investors in the national interbank bond market (except for those prohibited by national laws and regulations), organized by the lead underwriter syndicate and issued publicly at par value through centralized bookkeeping. The lead underwriter and book-running manager for this ultra-short financing issuance is China Guangfa Bank Co., Ltd., and the joint lead underwriters include Ping An Bank Co., Ltd. The ultra-short financing is scheduled to be completed on October 28, 2024, payment on October 29, and listed for trading on the interbank bond market on October 30, 2024.