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

China Galaxy Securities Co. Ltd. announced the redemption of its 2020 perpetual subordinated bonds (Tranche 1), with the redemption price set at 104.80 yuan per unit, including current interest. The bond, with a face value of 1,000.00 yuan and an annual interest rate of 4.80%, will have its principal and interest paid on November 24, 2025. This action results from the issuer not exercising its extension option and choosing to redeem the bonds.

Concurrently, China Galaxy Securities successfully issued the 26th tranche of short-term financing bills for 2025, raising 40 bn yuan. The bills, identified as "25 China Galaxy CP026", were issued on November 11, 2025, with an interest accrual date of November 12, 2025.

These financing bills, with a maturity period of 215 days, are set to mature and be paid on June 15, 2026, at an annual coupon rate of 1.66%. The issuance price was set at 100 yuan per 100 yuan face value. The company's strategic financial adjustments include both the repayment of existing debt and the securing of new short-term capital.