Sinotrans Securities: Got approval from the China Securities Regulatory Commission to issue corporate bonds of no more than 30 billion yuan.

China-Thai Securities announced recently that they have received approval from the China Securities Regulatory Commission to publicly issue corporate bonds with a total face value not exceeding 30 billion yuan to professional investors. The issuance must comply with the solicitation prospectus submitted to the Shanghai Stock Exchange, and the approval is valid for 24 months from the date of registration. The issuance can be conducted in installments. In case of any major events before the issuance is completed, timely reports should be made for resolution. The company will handle the issuance matters as required and fulfill disclosure obligations.