GLMS SEC (01456) announced that the company recently received the "Approval on Consent for Guolian Minsheng Securities Co., Ltd. to Publicly Issue Corporate Bonds to Professional Investors" (CSRC Approval [2026] No. 122) issued by the China Securities Regulatory Commission (CSRC). Additionally, the company's controlled subsidiary, Minsheng Securities Co., Ltd., received the "Approval on Consent for Minsheng Securities Co., Ltd. to Publicly Issue Corporate Bonds to Professional Investors" (CSRC Approval [2026] No. 131) from the CSRC.
According to the aforementioned approvals, the CSRC has consented to the company's registration application to publicly issue corporate bonds with a total face value not exceeding RMB 18 billion to professional investors. It has also consented to Minsheng Securities' registration application to publicly issue corporate bonds with a total face value not exceeding RMB 8 billion to professional investors.
These approvals are valid for 24 months from the date of consent for registration. Both the company and Minsheng Securities may issue the corporate bonds in multiple tranches within this valid registration period.