Shenwan Hongyuan Securities 2025 subordinated bonds debut on SZSE

Shenwan Hongyuan Securities Co., Ltd., a subsidiary of Shenwan Hongyuan Group Co., Ltd., completed the issuance of its 2025 publicly offered subordinated bonds (Tranche 1) for professional investors on September 15, 2025. The total issuance amounted to RMB 3 billion.

This tranche comprises two varieties: Variety 1, with an issuance size of RMB 2 billion, a 3-year term, and a coupon rate of 2.15%; and Variety 2, with an issuance size of RMB 1 billion, a 5-year term, and a coupon rate of 2.24%.

Following review by the Shenzhen Stock Exchange, these bonds are scheduled to be listed on the exchange starting September 19, 2025, for trading among institutional professional investors.