GF SEC(01776): "25 Guangfa C3" coupon rate is 1.95%.

GF SEC (01776) announced that GF SEC Co., Ltd. (hereinafter referred to as the "issuer") has obtained the approval of the China Securities Regulatory Commission under Document No. [2024] 1258 to publicly issue subordinated corporate bonds with a face value not exceeding 20 billion yuan to qualified institutional investors. GF SEC Co., Ltd. publicly issued subordinated bonds to professional investors in 2025 (second tranche), hereinafter referred to as "this bond issuance", as the second tranche issuance under the aforementioned registration approval, with a planned issue size not exceeding 5 billion yuan. On May 20, 2025, the issuer and the lead underwriter conducted face rate inquiries to qualified institutional investors offline, with a rate range of 1.50%-2.50% for category one and 1.60%-2.60% for category two. Based on the inquiries to qualified institutional investors offline, the issuer and the bookrunner, in accordance with relevant regulations, negotiated and agreed within the rate inquiry range to finally determine a face rate of 1.95% for category one (bond abbreviation: "25 GF C3", bond code: 524265); category two (bond abbreviation: "25 GF C4", bond code: 524266) was not issued. The issuer will conduct offline issuance to qualified institutional investors from May 21, 2025 to May 22, 2025 based on the above face rate.