Ge Long Hui·2025-10-30 11:09Core Viewpoint - China Galaxy has successfully completed the non-public issuance of the 2025 corporate bonds (second phase) to professional investors, with the funds raised aimed at repaying maturing corporate bond principal and supplementing working capital [1][2]. Group 1: Bond Issuance Details - The issuance scale for the first type of bond (continuation issuance) is RMB 3 billion, with an issuance price of RMB 100.133 per unit and a coupon rate of 1.84%, maturing in 13 months from October 16, 2025 [1]. - The issuance scale for the second type of bond (continuation issuance) is RMB 2 billion, with an issuance price of RMB 100.219 per unit and a coupon rate of 2.05%, maturing in 25 months from October 16, 2025 [1]. Group 2: Underwriting and Subscription - The main underwriter, CITIC Securities Co., Ltd., and its affiliates participated in the subscription, with CITIC Bank Co., Ltd. and CITIC Trust Co., Ltd. acquiring RMB 170 million and RMB 180 million of the second type of bond, respectively [2]. - The affiliate of the main underwriter, Nanjing Securities Co., Ltd., also participated in the subscription, with Zijin Trust Co., Ltd. acquiring RMB 10 million of the first type of bond [2].