Zhi Tong Cai Jing·2025-11-25 10:17Core Viewpoint - Shenwan Hongyuan Securities has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds totaling up to RMB 20 billion to professional investors [1] Group 1: Bond Issuance Details - The company successfully completed the issuance of its sixth phase of corporate bonds on November 24, 2025, with a total issuance scale of RMB 4.5 billion [1] - The bonds are divided into two varieties: the first variety has an issuance scale of RMB 2.7 billion with a 2-year term and a coupon rate of 1.81%, while the second variety has an issuance scale of RMB 1.8 billion with a 30-month term and a coupon rate of 1.85% [1] - The bonds are set to be listed and traded on the Shenzhen Stock Exchange after registration is completed [1]