GF Securities to redeem, delist "25 Guangfa D6" bonds

GF Securities' "25 Guangfa D6" short-term corporate bonds will mature on October 23, 2025. This fourth tranche of bonds, issued to professional investors, will see both principal and interest paid to bondholders. The bonds were issued for a term of 161 days with a face value of CNY 5 bn and an annual coupon rate of 1.60%.

Each CNY 1,000 face value bond will receive a total of CNY 1,007.057534 (pre-tax). After tax, individual investors and mutual funds will receive CNY 1,005.646027 per bond, while non-resident enterprises (including QFII and RQFII) will receive the full CNY 1,007.057534, benefiting from a tax exemption on bond interest income until December 31, 2025.

The registration date for bondholders eligible for this payment is October 22, 2025, which is also the last trading day. The bonds will be delisted from the Shenzhen Stock Exchange on October 23, 2025, concurrent with the redemption and interest payment. China Securities Depository and Clearing Corporation Limited (CSDC) Shenzhen Branch will handle the distribution.