Zheshang Securities redeems first tranche of 2025 short-term financing bills

Zheshang Securities Co., Ltd. successfully redeemed its first tranche of 2025 short-term financing bills on November 13, 2025. The company issued these bills on February 13, 2025, with an issuance size of RMB 1.5 bn and a coupon rate of 1.85%. The short-term financing bills had a term of 273 days.

The total principal and interest paid for this redemption amounted to RMB 1,520,755,479.45. The issuance results of these short-term financing bills were previously announced by the company on February 14, 2025, and published on the Shanghai Stock Exchange website (www.sse.com.cn).