POLY PROPERTY (00119.HK): Wholly-Owned Subsidiary Approved by CSRC to Publicly Issue Domestic Corporate Bonds of Up to RMB 9.826 Billion
- Shanghai Poly Property may issue the corporate bonds in tranches within 24 months from the date of the CSRC's approval.
- Shanghai Poly Property is a wholly-owned subsidiary of the Company incorporated in the PRC.
- The approval was disclosed by the Company in a voluntary announcement.
NewTimeSpace News: On 17 September 2026, Poly Property Group Co., Limited (stock code: 00119) announced in a voluntary announcement that on 9 September 2026, the China Securities Regulatory Commission (CSRC) approved the application of its wholly-owned PRC-incorporated subsidiary, Poly Property Group Co., Limited (Shanghai Poly Property), to publicly issue domestic corporate bonds with an aggregate face value of not more than RMB 9.826 billion to professional investors.
Under the approval, Shanghai Poly Property may issue the corporate bonds in tranches within 24 months from the date of the CSRC's approval of the bond issue application.
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