Zhi Tong Cai Jing·2025-09-16 11:50Core Viewpoint - Guangfa Securities (000776)(01776) announced the public issuance of subordinated bonds (third phase) aimed at professional investors, which meets the listing conditions of the Shenzhen Stock Exchange [1] Group 1: Bond Issuance Details - The subordinated bonds will be merged and listed on the Shenzhen Stock Exchange starting from September 17, 2025, along with existing bonds [1] - The existing bond scale is 1.9 billion, while the new issuance has a face value of 2.26 billion [1] - The full name of the bond is "Guangfa Securities Co., Ltd. 2025 Public Issuance of Subordinated Bonds (Third Phase) for Professional Investors," with the abbreviation "25 Guangfa C5" and the security code "524375" remaining unchanged [1] Group 2: Trading Information - The bonds will be traded among institutional investors through various methods, including matched transactions, click transactions, inquiry transactions, competitive bidding, and negotiated transactions [1]