China Galaxy Securities redeems bonds, issues new short-term notes

China Galaxy Securities Co. Ltd. announced its decision to exercise the issuer's redemption option for its "20 Galaxy Y1" perpetual subordinated bonds. This follows an earlier disclosure on October 14, 2025, detailing the full redemption and non-exercise of the extension option for the 2020 perpetual subordinated bonds (Tranche 1). The redemption will occur on the fifth and subsequent interest payment dates, including accrued interest and any deferred interest.

Concurrently, China Galaxy Securities successfully completed the issuance of its 2025 Series 24 Short-Term Financing Notes (25 Galaxy Securities CP024) on October 15, 2025. The total actual issuance was CNY40 billion, with an annual coupon rate of 1.66%. The notes were issued at CNY100 per CNY100 face value on October 14, 2025, with an interest accrual date of October 15, 2025, and maturity on February 4, 2026, for a term of 112 days.