Guolian Minsheng (01456) and its holding subsidiaries received approval from the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors.

Guolian Minsheng (01456) announced that recently, the company received approval from the China Securities Regulatory Commission for the public issuance of corporate bonds to professional investors. The company's controlling subsidiary, Minsheng Securities Co., Ltd., also received approval for the public issuance of corporate bonds to professional investors. According to the approval, the China Securities Regulatory Commission approved the company to publicly issue corporate bonds with a total face value not exceeding 18 billion yuan to professional investors, and approved Minsheng Securities to publicly issue corporate bonds with a total face value not exceeding 8 billion yuan to professional investors. The approval is valid for 24 months from the date of registration, during which the company and Minsheng Securities can issue corporate bonds in installments.