The examination and approval department of corporate bonds and corporate bonds.

Legal analysis: 1. Accepting institution: General Office of China Securities Regulatory Commission.

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2. Audit institution: Corporate Bond Supervision Department of China Securities Regulatory Commission.

3. Measures for the Administration of Corporate Bond Issuance and Trading

(1) Article 16 The public offering of corporate bonds shall comply with the relevant provisions of the Securities Law and the Company Law and be approved by the China Securities Regulatory Commission.

(2) Article 22 A public offering of corporate bonds may be approved at one time and issued by stages. The issuer shall complete the initial issuance within 0/2 months from the date of approval of the issuance by China Securities Regulatory Commission, and the rest shall be completed within 24 months.

(III) Article 61 Where an underwriting institution underwrites corporate bonds that have been publicly issued without approval, the China Securities Regulatory Commission may take 12 to 36 months to temporarily refuse to accept the relevant documents of its securities underwriting business and other regulatory measures; The directly responsible person in charge and other directly responsible personnel may take relevant regulatory measures as stipulated in Article 58 of these Measures.

Legal basis: Measures for the Administration of Issuance and Trading of Corporate Bonds

Article 16 The public offering of corporate bonds shall comply with the relevant provisions of the Securities Law and the Company Law and be approved by the China Securities Regulatory Commission.

Article 22 A public offering of corporate bonds may apply for one-time approval and be issued by installments. The issuer shall complete the initial issuance within 0/2 months from the date of approval of the issuance by China Securities Regulatory Commission, and the rest shall be completed within 24 months.

Article 61 Where an underwriting institution underwrites corporate bonds that have been publicly issued without approval, the China Securities Regulatory Commission may temporarily refuse to accept the relevant documents of its securities underwriting business for 12 months to 36 months and other regulatory measures; The directly responsible person in charge and other directly responsible personnel may take relevant regulatory measures as stipulated in Article 58 of these Measures.