GF SEC (01776) has announced the completion of its 2026 corporate bond issuance for professional investors (the fourth tranche). According to the issuance announcement, the total planned issuance scale for this tranche was not to exceed 6 billion yuan (inclusive), with an issuance price of 100 yuan per bond. The bonds were issued through a private placement to professional institutional investors via an inquiry and allotment method.

The issuance period for this tranche was from May 27, 2026, to May 28, 2026. Series 1 bonds have a term of 3 years, with a final issuance scale of 1.7 billion yuan, a final coupon rate of 1.67%, and a subscription multiple of 4.28 times. Series 2 bonds have a term of 5 years, with a final issuance scale of 3.15 billion yuan, a final coupon rate of 1.82%, and a subscription multiple of 2.22 times.

Proceeds from this bond issuance, totaling 4.85 billion yuan, will be allocated as follows: 2.1 billion yuan will be used to repay the "23 GF 09" bond, and 2.75 billion yuan will be used to supplement working capital.