Guotai Junan Securities announced that the company obtained the China Securities Regulatory Commission's no objection letter on October 18, 2024, approving its participation in the convenience swap business. The company must reasonably determine the application amount based on relevant notices, strategic considerations, and risk tolerance, and implement it after approval by the People's Bank of China. The company needs to strictly comply with the regulations of the People's Bank and the CSRC, conduct transactions within the approved limit, and report the fund utilization monthly.