Shenwan Hongyuan (06806) announced that the "Shenwan Hongyuan Securities Co., Ltd. 2025 Short-Term Corporate Bonds (Phase I) (Tranche I)" publicly issued to professional investors by its subsidiary, Shenwan Hongyuan Securities Co., Ltd., on October 23, 2025, will undergo principal and interest repayment and be delisted on January 23, 2026. The bond is abbreviated as "25 Shen D11," with an issuance scale of RMB 1.3 billion, a term of 92 days, and a coupon rate of 1.66%.