Fangzheng Securities (601901.SH) is approved to issue corporate bonds of no more than 30 billion yuan to professional investors.

Wisdom Financial News APP, Fangzheng Securities (601901.SH) announcement, the company recently received the approval of China Securities Regulatory Commission on the public issuance of corporate bonds to professional investors by Fangzheng Securities Limited. The approval allows the company to publicly issue corporate bonds with a total face value not exceeding 30 billion yuan to professional investors, with a validity period of 24 months from the date of approval registration, and the company can issue them in installments during the registration validity period.