Great Wall Securities announces subordinated bond interest payment for November 2025

China Great Wall Securities Co., Ltd. announced the 2025 interest payment for its 2024 publicly issued subordinated corporate bonds (Tranche 1), known as "24 Great Wall C1." The interest payment for the period from November 20, 2024, to November 19, 2025, is scheduled for November 20, 2025. The bond's coupon rate is 2.57%, resulting in an interest payment of 25.70 yuan (including tax) per 1,000 yuan face value. The record date for this payment is November 19, 2025.

Individual investors (including investment funds) will receive 20.56 yuan after a 20% income tax deduction. Non-resident enterprises, including Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII), will receive the full 25.70 yuan per 1,000 yuan face value, as they are exempt from corporate income tax and value-added tax on bond interest income until December 31, 2025.

The total issuance amount for these 5-year bonds is 1.00 bn yuan. The bonds began trading on the Shenzhen Stock Exchange on November 27, 2024. China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, will facilitate the interest distribution.