Huatai (06886) completed the issuance of 5 billion yuan subordinated bonds.

Huatai (06886) announced that Huatai Co., Ltd. (hereinafter referred to as the "Issuer") has publicly issued corporate bonds to professional investors in an amount not exceeding RMB 20 billion, including RMB 20 billion, which was approved by the China Securities Regulatory Commission on July 31, 2024, with the approval document titled "Approval for Huatai Co., Ltd. to publicly issue subordinated corporate bonds to professional investors" (CSRC License [2024] No.1109). According to the "Announcement of Huatai Co., Ltd. Public Offering of Subordinated Bonds to Professional Investors in 2025 (Fourth Series)", the subordinated bonds issued by Huatai Co., Ltd. in 2025 (Fourth Series) are divided into two categories. The first category has a term of 3 years, and the second category has a term of 5 years. The bonds introduce an inter-category recall option, with no restriction on the recall ratio. The company will decide whether to exercise the inter-category recall option based on the subscription situation within the issuance scale, but the total issuance size of each category does not exceed RMB 50 billion, including RMB 50 billion. The issuance price of this series of bonds is RMB 100 per unit, and they are issued publicly to professional institutional investors. The issuance of this series of bonds ended on October 14, 2025. The final issuance size of the first category of bonds is RMB 41 billion, with a coupon rate of 2.26% and a subscription ratio of 1.54 times; the issuance size of the second category is RMB 9 billion, with a coupon rate of 2.38% and a subscription ratio of 2.03 times.