The time for issuing corporate bonds is generally about half a month after the company makes the issuance resolution or decision. The main procedures are as follows:
1. The company's shareholders' meeting or shareholders' meeting makes a resolution or decision;
2. Apply for issuance;
3. Approve the issuance of corporate bonds;
4. Announce the method of raising funds;
5. Matters specified in corporate bonds;
6. Corporate bond stub book.
Legal objectivity:
Company Law of the People's Republic of China
Article 153
The term "corporate bonds" as mentioned in this Law refers to the securities issued by the company according to legal procedures and agreed to repay the principal and interest within a certain period of time.
The issuance of corporate bonds by a company shall conform to the issuance conditions stipulated in the Securities Law of People's Republic of China (PRC).
Company Law of the People's Republic of China
Article 155
Where a company issues corporate bonds in the form of physical coupons, the company name, face value of the bonds, interest rate, repayment period and other matters must be stated on the bonds, which shall be signed by the legal representative and sealed by the company.