China Galaxy (06881) has completed the issuance of the ninth tranche of short-term financing bonds for the year 2026.

date
17:03 23/06/2026
avatar
GMT Eight
China Galaxy (06881) released an announcement that, at the 2025 first interim shareholders' meeting held on February 17, 2025, the company approved the revision of the authorization plan for the company's board of directors by the shareholders' meeting. According to this, the shareholders' meeting authorized the board of directors to issue debt financing instruments, with a total issuance size not exceeding 350% of the company's most recent audited net assets.
China Galaxy (06881) announced that at the 2025 first extraordinary general meeting of shareholders held on February 17, 2025, the Company approved the revision of the authorization scheme for the Company's Board of Directors by the general meeting of shareholders. According to this, the general meeting of shareholders authorized the Board of Directors to issue debt financing instruments, with a total issuance size not exceeding 350% of the Company's most recent audited net assets. In accordance with the above shareholder authorization, the Company completed the issuance of the 2026 ninth tranche of short-term financing bonds on June 23, 2026. The issuance size of this tranche of financing bonds is RMB 4 billion, with a face value and issue price of RMB 100 per unit. The maturity of this tranche of financing bonds is 365 days, and the final coupon rate is 1.53%. The funds raised from the issuance of this tranche of financing bonds will be used to supplement the Company's working capital.