Ge Long Hui A P P·2025-11-26 09:58Core Viewpoint - The company has approved the issuance of capital instruments not exceeding 450 billion RMB or equivalent foreign currency, with a recent issuance of 60 billion RMB in subordinated debt [1] Group 1: Issuance Details - The company held a shareholders' meeting on July 18, 2025, to approve the issuance of capital instruments [1] - On November 24, 2025, the company issued 60 billion RMB in subordinated debt in the interbank bond market, completing the issuance on November 26, 2025 [1] - The bonds have a fixed interest rate of 2.16% and a maturity of 10 years, with a call option for the issuer at the end of the fifth year [1] Group 2: Purpose of Fundraising - The funds raised from this bond issuance will be used to supplement the company's Tier 2 capital, subject to applicable laws and regulatory approvals [1]