Traders Association: Encourages Enterprises to Use the Additional Issuance Mechanism to Improve Financing Convenience
2026-11-04 17:27:52
According to CoinMeta, the Traders Association issued a notice regarding the inter-bank bond market's support for the development of advanced manufacturing industries, encouraging enterprises to use an additional issuance mechanism to enhance financing convenience. The notice states that if a company reduces its capital due to share repurchases and the reduction is less than 5% of its registered capital at the time of registration, or if it experiences a decrease in net assets due to the repayment of perpetual notes and the decline exceeds 10% of its net assets at the end of the previous year, then there is an exemption from the requirement to submit the issuance again for review at the registration meeting before issuing debt financing instruments for advanced manufacturing industries. In addition, various market institutions are encouraged to increase their underwriting and investment in debt financing instruments for advanced manufacturing industries, taking advantage of the underwriting and market-making linkage mechanism. Relevant service activities will be included in the daily evaluation system for lead underwriters. Market institutions are also encouraged to compile bond indices for advanced manufacturing industries and develop index-based investment products to improve liquidity in the secondary market.
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Source:Jin10 Data
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