Guangfa Securities (01776.HK) successfully issued 1.4 billion RMB subordinated corporate bonds.

Financial News from the Wisdom Finance App: GF Securities (01776.HK) announced that GF Securities Co., Ltd. (hereinafter referred to as the "Issuer") has received the approval document with the registration number of CSRC [2024] No. 1258 for the public issuance of subordinate corporate bonds not exceeding 20 billion yuan. According to the "GF Securities Co., Ltd. 2025 Public Offering Announcement for Professional Investors", the Issuer will publicly issue subordinate bonds (Third Tranche) for professional investors in 2025 with a total issuance size of no more than 3 billion yuan, at a price of 100 yuan per bond. The issuance will be conducted through offline inquiry and allocation to professional institutional investors.