On January 2, Gelonghui announced that Sinolink (600109.SH) has recently received a response from the China Securities Regulatory Commission regarding Sinolink's participation in the Swap Facility (Institutional Letter [2024] No. 2213), with specific details as follows:
1. No objections to the company's participation in the Swap Facility (SFISF). The company should, according to the Notice on Properly Handling Securities, Fund, and Insurance Companies' Participation in the Swap Facility and other business arrangements, reasonably determine the application limit based on its own development strategy and risk tolerance, and implement it with the approval of the People's Bank of China. 2. The company's participation in the Swap Facility must strictly comply with the relevant regulations and requirements of the People's Bank of China and the China Securities Regulatory Commission, conducting relevant transactions within the approved limit at designated trading venues, and must not engage in illegal or irregular activities using swap facility tools.