China Greatwall Technology Group Co.Ltd(000066) assets were approved to issue 10 billion yuan of financial bonds, which are mainly used to resolve risks in the real estate industry

The reporter learned from China Greatwall Technology Group Co.Ltd(000066) Asset Management Co., Ltd. that the company was recently approved to publicly issue 10 billion yuan of financial bonds in the national inter-bank bond market.

China Greatwall Technology Group Co.Ltd(000066) asset related person in charge introduced that the issuance of this bond will help it strengthen its efforts to serve the real economy, and provide long-term and low-cost funds for entity enterprises to bail out chemical insurance and promote the virtuous circle and healthy development of the real estate industry China Greatwall Technology Group Co.Ltd(000066) assets will adhere to the principles of legal compliance, risk control and commercial sustainability, and carry out financial business related to risk disposal of real estate enterprises in a stable and orderly manner. The raised funds will be mainly used for risk resolution and disposal of high-quality projects of key real estate enterprises, relief of the real estate industry and other related non-performing assets and repayment of maturing stock bonds.

The official said that China Greatwall Technology Group Co.Ltd(000066) assets will continue to focus on the three key tasks of serving the real economy, preventing and resolving financial risks and deepening financial reform, focus on the main business of non-performing assets, give full play to the function of counter cyclical regulation, and make positive contributions to the high-quality development of the national economy. (end)

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