Deep development Plan to advance issuance of debt no formal application

In response to recent media reports of deep development (000001.　　SZ) Chairman Xiaosuning wrote to the senior management, hope to restart the mixed debt issue 6.5 billion yuan, the deep development of the relevant officials yesterday to the "first financial daily" reporters that the current failure to the regulatory authorities to issue a mixed capital Bond (hereinafter referred to as "mixed debt") applications, the future plans to promote the progress of debt issuance.　　The official said that the deep development in 2008, the first meeting of the provisional general Meeting to pass a resolution, plans in the next 3 years to issue no more than 10 billion yuan of subordinated bonds and 8 billion yuan of mixed debt.　　Deep Development on May 26, 2009 in the Inter-Bank bond market issued a fixed-rate mixed debt of 1.5 billion yuan, a period of 15 years, deep development has the right to redeem all bonds at par value on May 26, 2019.　　The official said that the deep development of mixed debt has completed the 2008-year plan of 1.5 billion yuan, so there is a $6.5 billion of mixed debt to be issued, will be in the appropriate time to promote and disclosure, and the current deep development of capital in line with the requirements of the regulatory authorities.　　In addition, in the inter-bank bond market, which was developed in three and a total of $8 billion respectively, deep development was issued on March 21, 2008 and October 28, 2008, with a total of $9.468 billion, mainly subordinated and mixed debt, in the three quarterly reports.　　A leading brokerage in Shenzhen, a banking analyst, said at present, deep development needs to be funded through the issuance of debt, by the end of 2010, the deep development of capital adequacy rate is likely to be below 10%, although the peace and security Bank's integration programme is still awaiting approval, deep development in the two lines of consolidation before the issuance of debt is also a great possibility. As of the third quarter of 2010, the deep development capital adequacy ratio was 10.07% and the core capital adequacy ratio was 7%.