June 28，According to information from Shanghai Stock Exchange，Hubei Cultural Tourism Investment Group Co., Ltd. issued an announcement，The company’s public issuance of renewable corporate bonds not exceeding RMB 700 million to professional investors has been reviewed and approved by the Shanghai Stock Exchange。The value date of this bond is June 30, 2021，The interest payment date is June 30 from 2022 to 2023。

Announcement display，Comprehensive 188bet app assessment by Jingzhong Chengxin International Credit Rating Co., Ltd.，The credit rating of this bond is AAA，The subject’s credit rating is AAA；As of March 31, 2021，The company’s net assets at the end of the latest period are 1,947,595.730,000 yuan；The average annual distributable profit achieved by the company in the past three fiscal years is 26,011.million yuan，It is expected that the one-year interest on this bond will be no less than one year 1.5 times。

As understood，This bond is an unsecured bond，Each face value is 100 yuan，Issued at face value。This bond is divided into two types，The basic period of variety one is 2 years，At the end of the agreed base period 188bet app and each renewal period，The issuer has the right to exercise the renewal option，Extended for 1 period when the issuer exercises the renewal option，Expires when the issuer does not exercise the renewal option for full payment；The basic period of variety 2 is 3 years，At the end of the agreed base period and each renewal period，The issuer has the right to exercise the renewal option，Extended for 1 period when the issuer exercises the renewal option，Expires when the issuer does not exercise the renewal option for full payment。This bond is a fixed-rate bond，Simple interest calculated annually，Subject to delay，Subject to delay，Then each deferred interest will be accumulated based on the current coupon rate during the deferred period。

It is reported，The funds raised from this issuance of corporate bonds, after deducting issuance expenses, are intended to be used by the company (including subsidiaries) to repay bank loans and other interest-bearing liabilities。The issuer sets up a special account for raised funds，Used to receive funds raised from this bond、Storage、Transfer and principal and interest repayment。