Zhitong Finance App News, Shen Wan Hongyuan (06806.HK) issued an announcement. Following the approval of the China Securities Regulatory Commission's “Approval to Register Shenwan Hongyuan Securities Co., Ltd. to Publicly Issue Perpetual Subordinated Bonds to Professional Investors” (Securities Regulatory License (2026) No. 1645), Shenwan Hongyuan Securities Co., Ltd., which belongs to the company, was authorized to publicly issue perpetual subordinated bonds with a total face value of no more than 30 billion yuan.

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