Sichuan Road & Bridge Group (600039.SH) announced that the company recently received the approval from the China Securities Regulatory Commission (referred to as CSRC) for the public issuance of corporate bonds to professional investors in the "Reply on Approving Sichuan Road & Bridge Construction Group Co., Ltd.'s Public Issuance of Corporate Bonds Registration" (CSRC Permit [2024] No. 1490). The CSRC's approval for the company's public issuance of corporate bonds is as follows:
1. Approve the company's application to publicly issue corporate bonds with a total face value not exceeding 5 billion yuan to professional investors. 2. The issuance of corporate bonds in this round must strictly follow the fundraising prospectus submitted to the Shanghai Stock Exchange. 3. This approval is valid for 24 months from the registration approval date, and the company can issue corporate bonds in installments during the valid registration period.