Group 1 - Huatai Securities announced the establishment of an offshore medium-term note program with a total principal amount of up to 3 billion USD or equivalent in other currencies [1] - The program is guaranteed by Huatai International Financial Holdings Limited, a wholly-owned subsidiary of Huatai Securities [1] - On August 25, 2025, Huatai International Finance issued a medium-term note under this program with an issuance amount of 300 million HKD, equivalent to approximately 273 million RMB based on the exchange rate on July 31, 2025 [1]