Core Points - Guangfa Securities has announced the public issuance of corporate bonds totaling up to RMB 20 billion, which has received approval from the China Securities Regulatory Commission [1] - The sixth phase of corporate bonds will have a total issuance scale of no more than RMB 4.47 billion, with a face value of RMB 100 per bond, distributed through offline inquiries to professional institutional investors [1] - The issuance period for these bonds is set from November 7 to November 10, 2025, with two varieties of bonds having different terms and interest rates [1] Summary by Category - **Issuance Details** - The total issuance scale for the sixth phase of corporate bonds is capped at RMB 4.47 billion [1] - The bonds will be issued at a price of RMB 100 each, targeting professional institutional investors through offline inquiries [1] - **Bond Characteristics** - Variety one has a term of 2 years, with a final issuance scale of RMB 3.31 billion and a coupon rate of 1.84%, achieving a subscription multiple of 2.44 times [1] - Variety two has a term of 5 years, with a final issuance scale of RMB 1.16 billion and a coupon rate of 2.03%, achieving a subscription multiple of 2.79 times [1]

Core Viewpoint - Northeast Securities surged over 8%, while Xiangcai Co. increased by more than 3%, with other stocks like GF Securities, Dongxing Securities, Industrial Securities, and Huatai Securities also showing significant gains [1] Company Performance - Northeast Securities experienced a notable rise of over 8% [1] - Xiangcai Co. saw an increase exceeding 3% [1] - Other companies such as GF Securities, Dongxing Securities, Industrial Securities, and Huatai Securities also reported substantial gains [1]

Core Viewpoint - Guangfa Securities has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds totaling up to RMB 20 billion, with the sixth phase of bonds set to raise a maximum of RMB 4.47 billion [1] Group 1: Bond Issuance Details - The total issuance scale for the sixth phase of bonds is capped at RMB 4.47 billion, with a face value of RMB 100 per bond [1] - The issuance period for the bonds is from November 7, 2025, to November 10, 2025 [1] - The first type of bond has a term of 2 years, with a final issuance scale of RMB 3.31 billion and a coupon rate of 1.84%, achieving a subscription multiple of 2.44 times [1] - The second type of bond has a term of 5 years, with a final issuance scale of RMB 1.16 billion and a coupon rate of 2.03%, achieving a subscription multiple of 2.79 times [1]

Core Viewpoint - Guangfa Securities has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds totaling up to RMB 20 billion, with the sixth phase of bonds set to raise a maximum of RMB 4.47 billion [1] Group 1: Bond Issuance Details - The total issuance scale for the sixth phase of bonds is capped at RMB 4.47 billion, with a face value of RMB 100 per bond [1] - The issuance period for the bonds is from November 7, 2025, to November 10, 2025 [1] - The first type of bond has a term of 2 years, with a final issuance scale of RMB 3.31 billion and a coupon rate of 1.84%, achieving a subscription multiple of 2.44 times [1] - The second type of bond has a term of 5 years, with a final issuance scale of RMB 1.16 billion and a coupon rate of 2.03%, achieving a subscription multiple of 2.79 times [1]

Core Viewpoint - Guangfa Securities has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds totaling up to RMB 20 billion, with the sixth phase of bonds set to raise a maximum of RMB 4.47 billion [1] Summary by Sections Bond Issuance Details - The total issuance scale for the sixth phase of corporate bonds is capped at RMB 4.47 billion, with a face value of RMB 100 per bond [1] - The issuance period is scheduled from November 7, 2025, to November 10, 2025 [1] Specific Bond Types - Type One bonds have a maturity of 2 years, with a final issuance scale of RMB 3.31 billion and a coupon rate of 1.84%, achieving a subscription multiple of 2.44 times [1] - Type Two bonds have a maturity of 5 years, with a final issuance scale of RMB 1.16 billion and a coupon rate of 2.03%, achieving a subscription multiple of 2.79 times [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 承董事會命 廣發証券股份有限公司 林傳輝 董事長 GF SECURITIES CO., LTD. 廣發証券股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1776） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條刊發。 根據中華人民共和國的有關法例規定，廣發証券股份有限公司（「本公司」）在深圳 證券交易所網站( http://www.szse.cn )刊發的《廣發証券股份有限公司2025年面向專 業投資者公開發行公司債券（第六期）發行結果公告》。茲載列如下，僅供參閱。 中國，廣州 2025年11月10日 於本公告日期，本公司董事會成員包括執行董事林傳輝先生、秦力先生、孫曉燕 女士及肖雪生先生；非執行董事李秀林先生、尚書志先生及郭敬誼先生；獨立非 執行董事梁碩玲女士、黎文靖先生、張闖先生及王大樹先生。 证券代码：524520 证券简称：25 广发 11 ...

证券代码：524520 证券简称：25 广发 11 证券代码：524521 证券简称：25 广发 12 广发证券股份有限公司 2025 年面向专业投资者公开发行公司债券（第六期） 发行结果公告 本公司及董事会全体成员保证公告的内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 广发证券股份有限公司（以下简称"发行人"）公开发行面值总额不超过人 民币 200 亿元（含）的公司债券已获得中国证券监督管理委员会证监许可〔2025〕 1214 号文注册。根据《广发证券股份有限公司 2025 年面向专业投资者公开发行 公司债券（第六期）发行公告》，广发证券股份有限公司 2025 年面向专业投资者 公开发行公司债券（第六期）（以下简称"本期债券"）发行规模合计不超过 44.70 亿元（含），发行价格为每张 100 元，采取网下面向专业机构投资者询价配售的 方式发行。 本期债券发行时间为 2025 年 11 月 7 日至 2025 年 11 月 10 日，其中品种一 发行期限为 2 年，最终发行规模为 33.1 亿元，最终票面利率为 1.84%，认购倍数 为 2.44 倍；品种二发行期限为 5 年，最终发行规模 ...

Core Viewpoint - The securities sector experienced a notable surge following the release of new regulations aimed at enhancing investor protection and promoting a more investor-friendly market environment [1] Group 1: Market Performance - As of 14:00 on November 10, the securities ETF fund (515010) rose by 1.05%, with Northeast Securities increasing by 7.87% and briefly hitting the daily limit [1] - Other securities stocks such as GF Securities, Xiangcai Securities, Dongxing Securities, and Changjiang Securities also showed strong upward movement [1] - The financial technology ETF Huaxia (516100) saw a modest increase of 0.29% [1] Group 2: Regulatory Changes - On October 27, the China Securities Regulatory Commission (CSRC) introduced new rules to strengthen the protection of small and medium investors, focusing on new stock pricing, allocation mechanisms, information disclosure, and shareholder returns [1] - The Financial Street Forum outlined future reform directions, including advancing sector reforms, launching refinancing shelf offerings, expanding merger and acquisition channels, and optimizing the access process for foreign investors [1] Group 3: Industry Outlook - Shanxi Securities noted that with the improvement of policies and the implementation of various investment and financing reforms, there is potential for some securities firms to achieve steady growth in performance through both external and internal development [1] - The focus will be on enhancing investor protection, improving the quality of listed companies, and creating a better environment for foreign investors, which could lead to high-quality development in the financial sector [1] - The recommendation is to pay attention to investment opportunities within the sector as these reforms take effect [1]

Group 1 - A-shares of brokerage stocks experienced a volatile increase on November 10, with Northeast Securities rising over 8% [1] - Xiangcai Securities saw an increase of over 3%, while other stocks such as GF Securities, Dongxing Securities, Industrial Securities, and Huatai Securities also followed the upward trend [1]

Group 1 - The A-share market saw a strong performance in brokerage stocks, with Northeast Securities rising over 7% [1] - Xiangcai Securities and GF Securities both increased by more than 3% [1] - Dongxing Securities, Huatai Securities, Industrial Securities, and Changjiang Securities all experienced gains of over 2% [1]