China Galaxy Securities Co., Ltd. (CGS) has finalized the issuance of its 2026 10th tranche of short-term commercial paper on 28 July 2026.

The debt instrument totals RMB3.00 billion, issued at a nominal value and price of RMB100 per unit. The paper carries a 359-day tenor and a final coupon rate of 1.53%.

Board authorization for the transaction stems from a resolution passed at the company’s first extraordinary general meeting of 17 February 2025, which permitted the issuance of debt financing instruments up to 350% of CGS’s latest audited net assets.

Proceeds from this tranche will be allocated to supplement the firm’s working capital.