Great Wall Securities issues 1.1 bn yuan corporate bonds

Great Wall Securities Co., Ltd. successfully completed the public offering of its 2025 corporate bonds (Tranche 4) to professional investors, raising 1.1 billion yuan. The bonds, with a three-year term, were issued at a par value of 100 yuan per bond, achieving a coupon rate of 1.97%. The offering saw strong demand, with an oversubscription rate of 3.81 times.

The issuance involved related party subscriptions. Boshi Fund Management Co., Ltd., an affiliate of Great Wall Securities, subscribed for 0.3 billion yuan. Guosen Securities Co., Ltd. and its affiliate, CRITIC Trust Co., Ltd., also subscribed for 0.6 billion yuan and 0.3 billion yuan respectively. All subscriptions were made at fair prices, adhering to compliant procedures.

The bonds were offered from December 4, 2025, to December 5, 2025. All investors participating in the offering met the required eligibility criteria for corporate bond investments.