Shenzhen Stock Exchange: Pilot program for the reissuance of corporate bonds and the expansion of asset-backed securities.

Jin10 data reported on July 18, the Shenzhen Stock Exchange issued a notice regarding the pilot program for the renewal issuance of corporate bonds and the expansion of asset-backed securities. Issuers can apply to the exchange for issuance filing using the public issuance corporate bond registration documents or private placement corporate bond listing condition confirmation documents that are valid, participating in the renewal issuance business. For existing corporate bonds with enhancement mechanisms, issuers should make proper arrangements for changes to the enhancement mechanism before implementing the renewal issuance to ensure that all bondholders enjoy equal rights after the renewal issuance.

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