CITIC Securities: Approved to issue bonds with a total amount not exceeding 35 billion yuan.

On February 4th, Zhongjin Company announced that they have recently received approval from the China Securities Regulatory Commission. The Commission has approved the company's application to publicly issue corporate bonds to professional investors. The total face value of corporate bonds issued publicly for a period of more than one year shall not exceed 20 billion yuan, and the remaining face value of short-term corporate bonds issued publicly shall not exceed 15 billion yuan. This approval is valid for 24 months from the date of registration approval, and the company can issue corporate bonds in installments during the registration validity period.