On May 18, the ZGC Development Group received The Letter about the Application of Optimized Financing Regulation Corporate Bonds to the ZGC Development Group co., Ltd., marking that it has obtained the qualification for the issuance of shelf-registration corporate bonds in the SSE.

The issuance qualification for shelf-registration corporate bonds represents the eligibility given by the SSE to companies with high market recognition, prominent industrial status, healthy operational and financial situation and having carried out multiple times of bond financing in the bond market.   

This qualification not only indicates SSE’s full affirmation of the Group’s market position, business state and financing work, but also lays a solid foundation for the Group to further improve the financial efficiency, grasp the time window, reduce the financing cost, optimize the debt structure, and ensure sufficient funds for the delivery of strategic reform.