China Galaxy Securities (06881) announced that it has successfully completed the issuance of the 25th phase of short-term financing bonds for the year 2025 on October 21, 2025. The issuance scale for this tranche of bonds is 4 billion RMB, with a face value and issue price of 100 RMB per unit. The maturity period of the bonds is 206 days, with a final coupon rate of 1.72%. The funds raised from this bond issuance will be used to supplement the company's working capital.