SHANXI INSTALL (02520.HK): Domestic Bond Issuance Approved by CSRC, Proposed Fundraising Not Exceeding RMB1.35 Billion

NewTimeSpace News: SHANXI INSTALL (02520.HK) announced in a filing on January 7, 2026, that significant progress has been made in its domestic bond issuance, having formally received the "Approval on Approving the Registration of SHANXI INSTALL's Public Issuance of Corporate Bonds to Professional Investors" issued by the China Securities Regulatory Commission (CSRC).

According to the announcement, the core contents of the approval include: approving the company to publicly issue corporate bonds with a total par value not exceeding RMB1.35 billion to professional investors; the issuance shall be conducted in strict accordance with the prospectus submitted to the Shanghai Stock Exchange; the approval is valid for 24 months from the date of registration approval, and the company may issue the bonds in installments within the validity period; if any material events occur during the issuance period, the company shall promptly report and handle them in accordance with relevant regulations.