The first private placement bond on the Beijing Stock Exchange has officially passed.

Recently, the information disclosed in the issuance review dynamics column of the Beijing Stock Exchange website shows that the first private placement bond project accepted by the Beijing Stock Exchange, "Shijiazhuang Transportation Investment Development Group Co., Ltd. 2026 private placement corporate bonds for professional investors", has officially passed and obtained a no objection letter for 1 billion RMB. This is the first private placement corporate bond project to receive a no objection letter from the Beijing Stock Exchange.