Shenwan Hongyuan securities' subordinated bonds to list on Shenzhen exchange

Shenwan Hongyuan Securities Co., Ltd. has completed the issuance of its 2025 publicly offered subordinated bonds (tranche 3) (type 1) for professional investors. The issuance concluded on December 10, 2025, raising RMB 2.2 bn. These bonds carry a 3-year term and a coupon rate of 2.13%.

Following approval from the Shenzhen Stock Exchange, these bonds are scheduled to commence trading on the exchange starting December 16, 2025. They will be available for trading among institutional investors, known as professional investors. The bonds will be known as "25申证C5" and assigned the stock code "524585".

Further details regarding the issuance were previously disclosed by the company on December 12, 2025, in major financial publications and on the Juchao Information website.