First Capital Securities' second bond tranche fully subscribed

First Capital Securities Co., Ltd. announced the successful issuance of its 2025 public offering of science and technology innovation corporate bonds (second tranche) to professional investors. The issuance, with a maximum scale of 1 bn yuan, was fully subscribed, reaching an actual issuance size of 1 bn yuan. The bonds carry a coupon rate of 2.07%, and the subscription multiple stood at 2.4 times.

The issuance was conducted through an offline inquiry and placement method targeting professional institutional investors. The company confirmed that all participating investors met relevant regulatory requirements, including those specified by the China Securities Regulatory Commission and Shenzhen Stock Exchange.

Neither the company’s directors, supervisors, senior management, nor shareholders holding more than 5% of the shares, along with other related parties, participated in the subscription. Additionally, the underwriting institutions and their affiliates also abstained from participating in the bond subscription.