Shenwan Hongyuan Securities Co., Ltd. has completed the issuance of its fourth tranche of short-term corporate bonds for 2026, targeted at professional investors. The total issuance size is RMB 6 billion. Specifically, Tranche One amounts to RMB 2.4 billion with a maturity of 202 days and a coupon rate of 1.44%, while Tranche Two amounts to RMB 3.6 billion with a maturity of 349 days and a coupon rate of 1.48%. Following registration, these bonds are scheduled to be listed and traded on the Shenzhen Stock Exchange.