Which of the following is NOT a condition for a limited liability company to issue publicly corporate bonds?
A. The value of its net assets shall not be lower than RMB 30,000,000 yuan
B. The average distributable profits of the company for the past three years must be sufficient to pay the interest on the corporate bonds for one year
C. The funds to be raised must be invested in conformity with the industrial policy of the State
D. The accumulated balance of the bonds shall not exceed 40% of the value of the net assets of the company