GF Securities' new subordinated bonds to list on Shenzhen exchange

GF Securities Co., Ltd.'s 2025 public offering of subordinated bonds (fifth tranche) for professional investors will be listed on the Shenzhen Stock Exchange starting November 26, 2025. The bonds, designated "25GF C7" with code 524544, meet the exchange's listing requirements and will be available for trading by professional institutional investors. Trading methods will include matched, click, inquiry, competitive bidding, and negotiated transactions.

The bonds have an issuance amount of 29.5 billion yuan and a three-year maturity, with a fixed annual interest rate of 2.00%. Interest will be paid annually. The issue dates were November 18-19, 2025, with accrual on November 19, 2025, and maturity on November 19, 2028. Provisions allow for extension if the maturity date falls on a statutory holiday or rest day.

Both GF Securities and the debt instrument have received AAA ratings from China Chengxin International Credit Rating Co., Ltd. The face value and opening reference price of the bonds are set at 100 yuan per share.