Core Viewpoint - Guosen Securities Co., Ltd. is set to publicly issue perpetual subordinated bonds (Phase II) aimed at professional investors, which will be listed on the Shenzhen Stock Exchange starting June 19, 2025 [1] Group 1: Bond Details - The bond is named "Guosen Securities Co., Ltd. 2025 Perpetual Subordinated Bonds (Phase II)" [1] - The bond code is 524302, and it has a credit rating of AAA/AAA from United Ratings [2] - The total issuance amount is 30 billion yuan [2] - The bond has a fixed interest rate of 2.11% and will pay interest annually unless the issuer exercises the right to defer interest payments [2] - The issuance period is from June 11 to June 12, 2025, with the interest commencement date on June 12, 2025 [2] - The bond will have a re-pricing cycle of every 5 years, with the issuer having the option to extend the bond term at the end of each cycle [2] - The bond's issuance price is set at 100 yuan per bond [2]