CHINA RE (01508) announced that its subsidiary, China Property & Casualty Reinsurance Company Limited, has recently received regulatory approval to publicly issue 10-year callable capital supplementary bonds in the national interbank bond market, with an issuance scale not exceeding RMB 4 billion.

The issuance of capital supplementary bonds by the subsidiary will help further enhance its solvency capacity and support the steady and healthy development of its business operations.