Shenwan Hongyuan Group (06806): Shenwan Hongyuan Group Securities completes the issuance of 2.5 billion yuan of subordinated bonds.

Shenwan Hongyuan Group (06806) announced that on November 13, 2025, Shenwan Hongyuan Group Securities Co., Ltd. completed the public issuance of subordinated bonds (second tranche) targeted at professional investors for the year 2025. The total issuance size of this tranche is RMB 2.5 billion, with RMB 1.8 billion for tranche one, a maturity period of 3 years, and a coupon rate of 2.00%; and RMB 0.7 billion for tranche two, a maturity period of 5 years, and a coupon rate of 2.15%. After registration, this tranche of bonds is planned to be listed for trading on the Shenzhen Stock Exchange.