China Galaxy Securities raises RMB4 bn in bond issuance

China Galaxy Securities Co., Ltd. announced the completion of its 2025 short-term corporate bonds (second tranche) on December 11, 2025. The issuance raised RMB4 billion, with bonds priced at RMB100 per unit and carrying a final coupon rate of 1.71% over a term of 182 days. The proceeds are designated for the repayment of the company's matured debts.

This issuance was conducted under authorization granted by the shareholders' general meeting, allowing the board to issue debt financing instruments up to 350% of the company's latest audited net assets. The issuance received approval from the China Securities Regulatory Commission for a proposed public issuance of short-term corporate bonds with a nominal value balance not exceeding RMB15 billion.

Dacheng Fund Management Co., Ltd., a related party, subscribed for and was allocated RMB50 million of the bonds. Notably, none of the directors, senior management members, or shareholders with more than 5% ownership, nor other related parties, participated in the subscription for the bonds, ensuring compliance with relevant laws and regulations.