According to the Zhitong Finance App, Cathay Pacific Haitong (02611) issued an announcement. Recently, the company received the China Securities Regulatory Commission's “Approval to Register Cathay Haitong Securities Co., Ltd. to Publicly Issue Perpetual Subprime Bonds to Professional Investors” (Securities Regulatory License (2026) No. 2718). The details of the approval are as follows:

1. Agree to the registration application for the company to publicly issue perpetual subprime bonds with a total face value of not more than 45 billion yuan to professional investors. 2. The issuance of perpetual sub-prime bonds should be carried out in strict accordance with the prospectus submitted to the Shanghai Stock Exchange. 3. This approval is valid for 24 months from the date the China Securities Regulatory Commission agrees to register, and the company can issue perpetual subordinated bonds in installments during the registration period. 4. From the date the China Securities Regulatory Commission agrees to register until the issuance of this perpetual subprime bond is completed, if any significant matter occurs, the company shall promptly report and deal with it in accordance with the relevant regulations.

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