The purpose and basis of 1. 1 is to implement the development concept of "innovation, coordination, green, openness and * * * enjoyment", further develop the strategic function of corporate bonds to serve the real economy and the country, standardize the business behaviors related to the issuance and listing application of specific types of corporate bonds (hereinafter referred to as specific bond types), facilitate issuers and intermediaries to prepare relevant project application documents, and do a good job in information disclosure and survival. According to the Securities Law, Measures for the Administration of Issuance and Trading of Corporate Bonds, Listing Rules of Corporate Bonds of Shanghai Stock Exchange and Listing and Transfer Rules of Non-public Issuance of Corporate Bonds of Shanghai Stock Exchange, Shanghai Stock Exchange has formulated these Guidelines.
1.2 Definition of specific bond types The specific bond types mentioned in these Guidelines refer to corporate bonds with specific arrangements for the issuer, credit enhancement measures, bond term, bond interest rate, use of raised funds, repayment of principal and interest, etc.
1.3 The audit of specific bond varieties shall meet the requirements of issuance conditions, listing or listing conditions, information disclosure, investor suitability management, protection of bondholders' rights and interests of ordinary corporate bonds, and the relevant provisions of these Guidelines on specific bond varieties. In addition to reviewing the contents of ordinary corporate bonds, this firm will also review whether specific bond varieties meet the relevant requirements of these Guidelines.
1.4 special audit mechanism The firm has established a special acceptance and audit mechanism for specific bond varieties that meet the national macro-control policies and industrial policies, implemented "special person docking and special audit", and applied the policy of "immediate report and immediate audit" to improve the audit efficiency.
1.5 Specific bond types can be declared with specific marks of corresponding categories, and can be declared at the same time with ordinary corporate bonds and other specific bond types, but the declared amount and the purpose of raised funds need to be clear. The lead underwriter and the securities service institution shall verify the relevant information disclosed by the issuer that conforms to the specific bond issuance standards and implementation arrangements, and express their verification opinions.
1.6 The specific bond types for revising and updating the Guidelines include short-term corporate bonds, renewable corporate bonds, green corporate bonds, poverty alleviation corporate bonds, innovative and entrepreneurial corporate bonds and bail-out corporate bonds.
You can learn about the conditions and procedures for listing corporate bonds on the Shanghai Stock Exchange from Mingde. Beijing Mingde Lan Ying Investment Consulting Co., Ltd. (hereinafter referred to as "Mingde Lan Ying") was founded by listed company executives, brokers, experienced corporate strategy and management consultants, senior investment and financing, legal and financial experts, and people with certain government resources background, focusing on the growth and listing counseling services of listed companies. Mingde Lan Ying's target customers are concentrated in China local unlisted enterprises with strong listing desire, rapid growth and potential to become industry leaders in market segments. Pay attention to new energy, new services, energy conservation and environmental protection, biomedicine, cultural media, consumption chain, new business model and other fields.
If you still have questions about the conditions and procedures for listing corporate bonds on the Shanghai Stock Exchange, you can click the online consultation button below to talk directly with the teacher.