Guosheng Securities amends articles, secures debt, updates investment strategy

Guosheng Securities Company Limited approved amendments to its Articles of Association in November 2025, alongside key resolutions on debt and investment management. The company secured a 1.5 billion yuan secondary debt from its controlling shareholder and a 500 million yuan secondary debt from Shanghai Jiarong Investment Management. Both are five-year terms with an annual interest rate of 3.5%, with funds earmarked for repaying interest-bearing debts and supplementing working capital.

Additionally, the company established new "Investment Management Measures (Trial)" and related internal controls, including "Salary Management Measures" and "Senior Management Salary Management Measures." The "Investment Management Measures" detail the company's investment scope, decision-making procedures, risk management, and oversight mechanisms, categorizing investments into general and major projects. Major projects exceeding 50 million yuan or those requiring board or shareholder approval, or offshore investments, will undergo specific review processes.

These resolutions were approved during the second extraordinary general meeting and the third meeting of the fifth board of directors in November 2025, demonstrating Guosheng Securities' commitment to robust governance and strategic financial planning.