GF Securities Co., Ltd. announced that its perpetual subordinated bond (third series) issued to professional investors in 2022 (bond name "22广发Y3", bond code 148016) will pay interest on August 11, 2025. The bond issuance scale totals 2.3 billion yuan, with a current coupon rate of 3.48%, distributing 34.80 yuan (pre-tax) per lot (face value of 1,000 yuan).

According to the announcement, the record date for this interest payment is August 8, 2025, with payment recipients being bondholders registered with China Securities Depository & Clearing Corporation Ltd. Shenzhen Branch after market close on the record date. Individual investors and securities investment funds will receive actual interest of 27.84 yuan per lot (after tax), while non-resident enterprises (including QFII and RQFII) enjoy tax exemption policies with actual interest of 34.80 yuan per lot.

This bond series represents an unsecured perpetual debt instrument with a fixed coupon rate of 3.48% for the first five years of its term, subject to reset every five years starting from the sixth interest-bearing year. Both GF Securities' corporate credit rating and the bond's credit rating maintain AAA status with stable outlook. Interest will be paid on schedule unless the issuer exercises deferred payment rights, which would require disclosure through announcement at least 10 trading days in advance.

Payment funds will be transferred by GF Securities to China Securities Depository & Clearing Corporation Ltd. Shenzhen Branch and distributed to designated accounts of holders through the settlement system. Under current tax policies, overseas institutions are temporarily exempt from corporate income tax and value-added tax on bond interest income earned between November 2021 and the end of 2025.

This interest payment represents routine fulfillment of GF Securities' debt obligations with neutral market impact. Investors may contact GF Securities or trustee manager Orient Securities for specific inquiries regarding related matters.