China Galaxy Securities completes RMB3bn commercial paper issuance

China Galaxy Securities Co., Ltd. announced the completion of its 2025 seventh tranche of short-term commercial paper issuance on April 10, 2025. The issuance, authorized by shareholders, amounts to RMB3 billion, with a nominal value of RMB100 per unit. The commercial paper has a term of 91 days and carries a final coupon rate of 1.80%. According to the company's statement, the proceeds from the issuance will be used to supplement the working capital of the company. The executive directors of the Company are Mr. WANG Sheng (Chairman) and Mr. XUE Jun (Vice Chairman and President); the non-executive directors are Mr. YANG Tijun, Ms. LI Hui, Ms. HUANG Yan and Mr. SONG Weigang; and the independent non- executive directors are Mr. LAW Cheuk Kin Stephen, Mr. LIU Li and Mr. MA Zhiming.