China Galaxy Securities Co., Ltd. (CGS) announced the successful completion of its 2026 eighth tranche of short-term commercial paper issuance on 22 May 2026.

The offering raised RMB4.00 billion through the sale of units with a nominal value and issue price of RMB100 each. The paper carries a tenor of 251 days and was priced with a final coupon rate of 1.47%.

This transaction forms part of the debt financing programme authorised at CGS’s first extraordinary general meeting of 2025, where the board received approval to issue debt instruments up to 350% of the company’s latest audited net assets.

Proceeds from the issue will be used to supplement CGS’s working capital, in line with the mandate granted by shareholders.

The board is chaired by Wang Sheng, with Xue Jun serving as vice chairman and president, and Qu Yanping as an executive director. Non-executive directors include Yang Tijun, Li Hui, Huang Yan and Song Weigang, while Law Cheuk Kin Stephen, Liu Li, Ma Zhiming and Fan Xiaoyun act as independent non-executive directors.