CSC (06066) announced that the company has received approval from the Shanghai Stock Exchange and registration from the China Securities Regulatory Commission (CSRC) under document No. [2025]1336 to issue up to 20 billion yuan in perpetual subordinated bonds (the "Bonds") to professional institutional investors. The Bonds will be issued in tranches, with the current tranche (the "Current Bonds") capped at 3 billion yuan (inclusive).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.