Ge Long Hui A P P·2025-11-10 10:48Core 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]