Guangfa Securities: Approved by the China Securities Regulatory Commission to publicly issue short-term corporate bonds not exceeding 50 billion yuan.

Guangfa Securities announced that the company has received approval from the China Securities Regulatory Commission to publicly issue short-term corporate bonds to professional investors. The total face value of the public issuance of short-term corporate bonds shall not exceed 50 billion yuan. The issuance must strictly follow the fundraising prospectus submitted to the Shenzhen Stock Exchange. The approval is valid for 24 months from the date of registration approval, and the company may issue the bonds in stages. The company will handle the issuance-related matters in accordance with the regulations and disclose information in a timely manner.