Poly Property Group Co Ltd (HKG: 00119) has announced that its wholly-owned subsidiary has received regulatory approval to issue domestic corporate bonds to professional investors.

The approval, granted by the China Securities Regulatory Commission (CSRC) on September 9, 2026, permits the subsidiary, Shanghai Poly Property Group Co Ltd, to publicly offer corporate bonds with a total face value of up to RMB 9.826 billion.

Under the terms of the approval, the subsidiary is allowed to issue the bonds in multiple tranches over a 24-month period starting from the date of the CSRC's authorization, providing flexibility in the timing and scale of the fundraising.

This development marks a key step in the company's financing strategy, enabling access to the domestic bond market for professional investors in a staggered manner as market conditions allow.