East Money Securities completes CNY 3bn bond issuance

East Money Information (SZSE:300059) announced that its subsidiary, East Money Securities, has completed the issuance of its first phase of corporate bonds for 2025, raising a total of CNY 3 billion. The offering, targeted at professional investors, was approved by the China Securities Regulatory Commission (CSRC). The bonds are divided into two tranches: a two-year CNY 2.2 billion tranche with a coupon rate of 2.03%, and a three-year CNY 800 million tranche with a coupon rate of 2.09%. The bonds are priced at CNY 100 per unit and are slated to be listed on the Shenzhen Stock Exchange. East Money Securities plans to use the raised funds to supplement its working capital. The issuance adheres to relevant regulations, including the "Measures for the Administration of the Issuance and Trading of Corporate Bonds" and rules established by the Shenzhen Stock Exchange.