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2 billion company bonds approved for Ningbo Port Co. Ltd.

On October 31, the issuance examination committee of the CSRC verified and approved the application by Ningbo Port Co. Ltd. to issue publicly the company bonds valued 2 billion yuan, according to the notice released by Ningbo Port Co. Ltd. on November 2.

On September 14 last year, the corporation passed the IPO examination and the net amount of fund raised was 7.213 billion RMB yuan. By June 30, 2011, 6.892 billion yuan of the raised fund had been used and still another 321 million yuan had remained unused.

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