GF SEC (01776) completes the issuance of 2.1 billion yuan perpetual subordinated bonds.

GF SEC (01776) announced that the public issuance of corporate bonds not exceeding RMB 20 billion by GF SEC Co., Ltd. (hereinafter referred to as the "Issuer") has obtained the approval of the China Securities Regulatory Commission Document No. [2022] 2895 for registration. According to the "Announcement on the Public Issuance of Perpetual Subordinated Bonds (Second Tranche) for Professional Investors by GF SEC Co., Ltd. in 2024", the issuance scale of the Perpetual Subordinated Bonds (Second Tranche) for professional investors by GF SEC Co., Ltd. in 2024 (hereinafter referred to as the "Bonds of this Tranche") is not more than 30 billion yuan (inclusive), with an issuance price of 100 yuan per bond, and is issued through offline inquiry to professional institutional investors. The issuance period of the Bonds of this Tranche is from November 13, 2024 to November 14, 2024, with a final issuance scale of 21 billion yuan, a final coupon rate of 2.50%, and a subscription multiple of 1.77 times. The directors, supervisors, senior management personnel, shareholders holding more than 5% of the shares of the Issuer, and other related parties did not participate in the subscription of the Bonds of this Tranche. The affiliated party of the lead underwriter Haitong Co., Ltd., GF Fund Management Co., Ltd., participated in the subscription of the Bonds of this Tranche, and finally received an allocation of 3.4 billion yuan, with fair pricing and compliance with procedures.