Core Viewpoint - China Galaxy Securities Co., Ltd. has successfully completed the issuance of its second phase of non-public corporate bonds aimed at professional investors, with a total issuance scale of up to RMB 60 billion [1][2]. Summary by Sections Bond Issuance Details - The bond issuance was approved by the Shanghai Stock Exchange on September 18, 2025, with a registered scale not exceeding RMB 20 billion [1]. - The second phase of the bond issuance consists of two varieties: a 13-month term and a 25-month term, with a total issuance price of RMB 100 per bond [1]. Issuance Outcome - The bond issuance concluded on October 16, 2025, with the first variety having an actual issuance scale of RMB 1 billion and a final coupon rate of 1.84%, achieving a subscription multiple of 1.91 times [2]. - The second variety also had an actual issuance scale of RMB 10 billion, with a final coupon rate of 2.05% and a subscription multiple of 2.64 times [2]. Participation and Compliance - Key stakeholders, including directors, supervisors, senior management, and shareholders with over 5% ownership, did not participate in the bond subscription [2]. - Various affiliated entities of the lead underwriters participated in the subscription, with specific amounts allocated to different entities, all in compliance with relevant laws and regulations [2].