China Galaxy Securities bond offers see strong investor demand

China Galaxy Securities Co., Ltd. announced the successful reissuance of two tranches of corporate bonds to professional investors. The "2024 publicly issued corporate bonds (tranche 1) (type 2) (re-issuance)" concluded on September 1, 2025, with an actual issuance value of RMB 1.6 bn. The bonds have a maturity of five years, an interest rate of 2.25%, and were priced at RMB 102.945 per unit, achieving a subscription multiplier of 1.78 times.

Concurrently, the "2025 publicly issued corporate bonds (tranche 1) (type 1) (re-issuance)" also closed on September 1, 2025. This tranche had an actual issuance value of RMB 3.0 bn, a three-year maturity, and an interest rate of 1.79%. These bonds were priced at RMB 99.810 per unit, with a subscription multiplier of 2.3967 times.

Neither the company's directors, supervisors, senior management, nor shareholders with more than 5% equity participated in these reissuances. However, underwriting institutions and their related parties did subscribe. For the 2024 tranche, Guoxin Securities subscribed to RMB 0.5 bn, Southern Asset Management Co., Ltd. to RMB 0.9 bn, and China Resources SZITIC Trust Co., Ltd. to RMB 0.5 bn. For the 2025 tranche, CITIC Securities Co., Ltd. subscribed to RMB 0.3 bn, CITIC Bank Corporation Limited to RMB 3.0 bn, Guoxin Securities Co., Ltd. to RMB 0.5 bn, and Everbright Securities Co., Ltd. to RMB 0.5 bn.