Financial Street Securities Co., Limited announced that its Board, at a meeting on 15 April 2026, approved a proposal to broaden its previously approved corporate-bond issue from a sole private placement to a combined public and private placement structure.

The updated programme keeps the maximum fundraising size unchanged at up to RMB1.45 billion and allows issuance in one or multiple tranches. Each bond will carry a face value of RMB100 and be issued at par, with a fixed three-year tenor. The coupon will be set via book-building within a regulatory pricing range; provisions may include a coupon-adjustment clause and an investor put option.

Proceeds are earmarked exclusively for the repayment of maturing debt, supporting the company’s balance-sheet management. No preferential allotment is planned for existing shareholders. Upon completion, the bonds are expected to be listed for trading on eligible PRC bond markets, subject to regulatory approval. Underwriting will be conducted on a standby basis by a syndicate led by the appointed bookrunner.

To strengthen investor protection, the company will open a supervised account for the proceeds and, in the event of repayment difficulties, will suspend shareholder dividends and reduce or withhold remuneration to directors and senior management.

Implementation of the revised issuance plan requires shareholder approval via a special resolution at the first extraordinary general meeting scheduled for 10:00 a.m. on 8 May 2026 in Beijing. The share register will be closed from 30 April to 8 May 2026, and shareholders recorded on 8 May 2026 are eligible to vote.

If approved, the Board—and, by further delegation, senior management—will have a 36-month mandate to finalise all issuance parameters, engage intermediaries, and complete listing formalities in line with regulatory guidance.