On April 17th, Suning issued an announcement regarding the rename of corporate bonds and decided to change the company name from "Suning Yunshang Group Co., Ltd." to "Suningyi Group Co., Ltd.". Since February 7, 2018, the company’s Chinese securities abbreviation has been changed from “Suning Cloud Trader” to “Suning Tesco”.
The company intends to apply for public issuance of corporate bonds not exceeding RMB 10 billion (hereinafter referred to as “this bond”). This bond scheme was approved by the company on the second meeting of the sixth session of the Board of Directors on March 20, 2017, and was approved by the company's third temporary shareholders' meeting in April 2017 on April 6, 2017. On November 23, 2017, as approved by the China Securities Regulatory Commission’s “China Securities Regulatory Commission,”  No. 2128, the company was approved to issue public bonds of a size of no more than 10 billion yuan to qualified investors.
The bond declaration was named as "Sunding Yunshang Group Co., Ltd. publicly issued 2017 corporate bonds (for qualified investors)", according to the naming rules and company renamed matters, the current bond name is determined as "" Suning Tesco Group Co., Ltd. Publicly issue corporate bonds (Q1) to qualified investors in 2018 & rdquo;.