Description of transfer terms of corporate bonds

Legal subjectivity:

Corporate bonds can be transferred by endorsement of registered bonds, but not by delivery of registered bonds. According to relevant laws and regulations, corporate bonds are also divided into ordinary corporate bonds and interest-bearing corporate bonds.

Legal objectivity:

Article 159 of the Company Law: Corporate bonds can be transferred, and the transfer price shall be agreed by the transferor and the transferee. Where corporate bonds are listed and traded on a stock exchange, they shall be transferred in accordance with the trading rules of the stock exchange. Article 160 Registered bonds shall be transferred by the bondholders by endorsement or by other means prescribed by laws and administrative regulations. After the transfer, the company shall record the name and domicile of the transferee in the corporate bond stub book. If the registered bonds are not transferred, the transfer shall take effect after the bondholders deliver the bonds to the transferee.