Founder (601901.SH) has been granted approval to issue short-term corporate bonds not exceeding 5 billion yuan.

Founder (601901.SH) announced that the company has recently received approval from the China Securities Regulatory Commission for the public issuance of short-term corporate bonds to professional investors (CSRC Approval No. [2025] 2422). The approval allows the company to publicly issue short-term corporate bonds to professional investors, with a total face value not exceeding 5 billion yuan, for a period of 24 months from the date of approval. The company can issue the bonds in installments during the valid registration period.