CGS(06881.HK): Completed issuance of RMB 5 billion perpetual subordinated bonds (Third tranche) with a coupon rate of 2.00%.

NewTimeSpace News: China Galaxy Securities Co., Ltd. (06881.HK) announced on June 11,2026, that the public offering of its 2026 Perpetual Subordinated Bonds (Third Tranche) has been completed.

According to authorization from the relevant shareholders and approval by the China Securities Regulatory Commission, the issuance scale of this bond is RMB 5 billion at a price of RMB 100 per unit. The bond has a repricing cycle of five interest payment years; at the end of each cycle, the Company may choose to extend the bond's term by one additional repricing cycle (i.e., for another five years) or redeem the entire bond. The coupon rate for the first repricing cycle (the initial five interest payment years) is 2.00%. The proceeds will be used to repay the principal of maturing corporate bonds.

Underwriting institutions and their affiliated parties participated in the subscription of this bond issue, including CITIC Trust Co., Ltd., China CICC Wealth Securities Co., Ltd., Shenwan Hongyuan Securities Co., Ltd., and Fullgoal Fund Management Co., Ltd. The company's directors, senior management personnel, shareholders holding more than 5% of shares, and other affiliated parties did not participate in the subscription.

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