GF SEC (01776) issued 3 billion yuan of subordinated bonds.

GF SEC (01776) announced that GF SEC Co., Ltd. (hereinafter referred to as the "Issuer") has received approval from the China Securities Regulatory Commission to publicly issue subordinate corporate bonds not exceeding RMB 20 billion (inclusive) [2024] No. 1258 Document registration. According to the "GF SEC Co., Ltd. 2025 Public Offering of Subordinate Bonds to Professional Investors (Fourth Tranche) Announcement", GF SEC Co., Ltd. 2025 Public Offering of Subordinate Bonds to Professional Investors (Fourth Tranche) (hereinafter referred to as "this issuance") has a total issuance size of not more than 3 billion yuan (inclusive), and the issuance price is 100 yuan per bond, issued through offline inquiry to professional institutional investors. The issuance period of this issuance is from October 16, 2025, to October 17, 2025, with a term of 3 years. The final issuance size is 3 billion yuan, the final face value interest rate is 2.20%, and the subscription multiple is 1.89 times.