Operation process of issuing bonds by enterprises

Operation process of corporate bond issuance:

1. In the preparation stage of application materials, the issuer forms a willingness to issue bonds, and pre-communicates with the development and reform department to prepare the issuer's application report for this bond issue.

2. In the issuance approval stage, submit the application materials for issuance. According to the catalogue of application materials for public issuance of corporate bonds and its prescribed format, report the corporate bond issuance plan step by step. After being audited by the provincial development and reform commission, apply to the national development and reform commission.

3. In the formal issuance stage of bonds, the issuance announcement will be published. The issuer shall, 3 days before the first day of bond issuance, announce the announcement of corporate bond issuance or the prospectus of corporate bond issuance through the designated media. The issuance announcement and prospectus shall be true, accurate and complete, and there shall be no false records, misleading statements or major omissions.

4. In post-issuance management, real-name registration system book-entry corporate bonds shall be registered and managed in accordance with relevant regulations. The custodian is the legal creditor of real-name registration system book-entry corporate bonds. After the issuance of corporate bonds, it is responsible for creditor's rights management, rights protection and agency payment of corporate bonds, and is responsible for providing relevant information services to investors.

Tips: The above contents are for reference only.

Reply time: 2022-0 1-20. Please refer to the latest business changes announced by Ping An Bank in official website.