China Galaxy Securities completes RMB40m short-term bond issuance

China Galaxy Securities Co., Ltd. announced the successful completion of its 2025 public issuance of short-term corporate bonds (second tranche) to professional investors. The RMB40 million issuance was oversubscribed with a final subscription multiple of 3.2425. The bonds have a maturity of 182 days and were issued at a face value of RMB100 per bond, with a final coupon rate of 1.71%.

The issuance was part of a larger registration for short-term corporate bonds totaling up to RMB15 billion, approved by the China Securities Regulatory Commission on October 10, 2025. The issuance process concluded on December 11, 2025, and involved a book-building mechanism for professional investors.

China Galaxy Asset Management Co., Ltd., an affiliate of the issuer, participated in the subscription and was allocated RMB0.5 million of the bonds. The issuer confirmed that other related parties, including its directors, senior management, and shareholders with more than 5% ownership, did not participate in the subscription. The issuer's underwriting institutions and their affiliates also did not subscribe to the bonds. All subscription offers and procedures were conducted in compliance with relevant laws and regulations.