Shenwan Hongyuan completes 2.8bn yuan bond issuance

Shenwan Hongyuan Group (SZSE: 000166) announced the successful completion of the first phase of its 2025 corporate bond issuance by its subsidiary, Shenwan Hongyuan Securities. The issuance, targeted at professional investors, reached a total value of 2.8 billion yuan. This bond issuance was approved by the China Securities Regulatory Commission (CSRC). The bonds are divided into two tranches, with 2.8 billion yuan allocated to the first tranche, offering a 2-year term and a fixed interest rate of 2.18%. The second tranche was not issued. The bonds will be listed on the Shenzhen Stock Exchange upon completion of registration. The announcement was made on March 14, 2025, with reference to previous disclosures on January 20, 2024.