GF SEC (01776) Plans to Issue Subordinated Bonds Not Exceeding RMB 3 Billion

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GF SEC (01776) announced that GF Securities Co., Ltd. (hereinafter referred to as the "Issuer" or the "Company") received approval from the China Securities Regulatory Commission under document No. [2024]1258 on September 5, 2024, to publicly issue subordinated corporate bonds with a face value not exceeding RMB 20 billion (hereinafter referred to as "the bonds"). The bonds will be issued in tranches.

GF Securities Co., Ltd.'s 2025 Subordinated Bonds (Third Series) for Professional Investors (hereinafter referred to as "existing bonds") completed its initial issuance on July 18, 2025, and completed its first additional issuance on August 19, 2025. The bond term is 3 years with a coupon rate of 1.85%. The face value amount of existing bonds is RMB 1.9 billion, with bond code: 524375.

The current additional issuance bonds are the second additional issuance of GF Securities Co., Ltd.'s 2025 Subordinated Bonds (Third Series) for Professional Investors (hereinafter referred to as "current additional issuance bonds"). The bond term and coupon rate remain unchanged from the existing bonds.

The issuance face value amount of the current additional issuance bonds shall not exceed RMB 3 billion (inclusive). The face value per bond is RMB 100, with 30 million bonds to be issued. The issuance price will be determined through bookbuilding.

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