What is the process of issuing bonds?

1. The first issuance process is to issue bonds according to the issuance management system of issuing approval branches and grading approval. Sign the contract. Banks sign bond issuance contracts with borrowers. Issue bonds. Banks should issue bonds on time in accordance with the provisions of the bond issuance contract. Check after issuing bonds. Banks should track, investigate and check the borrower's execution of the bond issuance contract and its operation. Debt repayment. When the bond issue expires, the borrower shall repay the principal and interest of the bond issue in full and on time. Where the issuance of bonds is postponed, the borrower shall apply to the bank for issuing bonds before the maturity date, and the bank shall decide whether to extend the application period.

2. The issuance of working capital bonds refers to the issuance of credit capital bonds issued by China Construction Bank for the production and operation of borrowers. Article 3 When issuing liquidity bonds, China Construction Bank shall adhere to the principles of efficiency, safety and liquidity, and independently issue bonds in accordance with relevant national laws and regulations. No unit or individual may force China Construction Bank to issue liquidity to issue bonds. China Construction Bank has the right to refuse the request of any unit or individual to issue liquidity to issue bonds. Article 4 These Measures shall apply to the issuance of RMB liquidity bonds by China Construction Bank. Objects, conditions and purposes of issuing bonds Article 5 The objects of issuing bonds with working capital are state-owned enterprises (institutions) legal persons, other enterprises (institutions) legal persons, individual partnerships, individual industrial and commercial households or natural persons (hereinafter referred to as borrowers) who have been approved and registered by the State Administration for Industry and Commerce (or the competent department) and have China nationality.

1. When the borrower applies to China Construction Bank for issuing bond liquidity, it shall meet the following conditions at the same time: the production and operation activities of the enterprise conform to the national industrial policy and bank credit policy; Open a basic deposit account or general deposit account in China Construction Bank, and settle all or part of the production and operation funds through China Construction Bank; The borrower has a good reputation and the ability to repay the principal and interest of bonds on time; Article 7 A borrower may not apply to two or more branches of China Construction Bank within the same jurisdiction for issuing bonds. Article 8 The issuance of working capital bonds is mainly used for the production and operation expenses of consumption and sales such as various inventories and seasonal material reserves during the production and operation of borrowers. Article 9 The issuance of liquidity bonds shall not be used for: investment in fixed assets; Equity investment; Securities, futures and real estate speculation; Borrowing illegal income from each other; Other activities that do not meet the purpose of issuing bonds with working capital.