On May 11, the China Securities Regulatory Commission approved Ningbo Xusheng Group to issue convertible bonds to broaden financing channels.
[China Securities Regulatory Commission approves Ningbo Xusheng Group's application for registration of convertible bond issuance] On May 11, the China Securities Regulatory Commission issued an announcement, and Ningbo Xusheng Group Co., Ltd. proposed thatbingocashThe registration application for issuing convertible corporate bonds to unspecified objects has been approved. This move marks another important progress in Ningbo Xusheng Group's fundraising activities in the capital market and injects new vitality into the company's subsequent development.