Core Viewpoint - China Galaxy Securities (601881) announced that its publicly issued perpetual subordinated bonds (Phase 1) will start paying interest and principal from November 24, 2025, due to the issuer not exercising the extension option and opting for redemption [1] Group 1 - The total issuance amount of the bonds is 5 billion yuan [1] - The coupon rate of the bonds is 4.80% per annum [1] - Each bond has a face value of 1,000 yuan, with an interest payment of 48 yuan (including tax) [1]

Core Viewpoint - China Galaxy Securities (06881) announced that its publicly issued perpetual subordinated bonds (Phase 1) will start paying interest and principal from November 24, 2025, due to the issuer not exercising the extension option and redemption rights [1] Summary by Relevant Sections - **Bond Details** - The total issuance amount of the bonds is 5 billion yuan [1] - The coupon rate (annual interest rate) of the bonds is 4.80% [1] - Each bond has a principal repayment amount of 1,000 yuan, with an interest distribution of 48 yuan (including tax) [1]

Group 1 - The company announced the exercise of the redemption option for the "20 Yinhe Y1" perpetual subordinated bonds, indicating a full redemption of these bonds [3] - The "20 Yinhe Y1" bonds were issued on November 24, 2020, and the issuer has the right to redeem them at face value plus accrued interest on the fifth interest payment date and thereafter [2] - The company will ensure proper information disclosure and repayment of principal and interest related to the "20 Yinhe Y1" bonds [4] Group 2 - The company completed the issuance of the 25th short-term financing bond for the year 2025 on October 21, 2025, with relevant issuance details published on various financial websites [6]

Group 1 - The company has successfully issued the 25th short-term financing bond for the year 2025 on October 21, 2025 [1] - The relevant documents regarding the bond issuance have been published on various financial websites [1] Group 2 - The company has decided to exercise the redemption option for the "20 Yinhe Y1" perpetual subordinated bonds, fully redeeming them [3][4] - The company will ensure proper disclosure and repayment of principal and interest for the "20 Yinhe Y1" bonds according to relevant business rules [5]

Core Viewpoint - China Galaxy Securities announced the decision to fully redeem its 2020 perpetual subordinated bonds (Phase 1) on October 14, 2025, exercising its redemption rights as outlined in the bond issuance terms [2] Group 1: Bond Issuance Details - The 2020 perpetual subordinated bonds (referred to as "20 Galaxy Y1") were issued on November 24, 2020 [2] - The bonds include a redemption option for the issuer, allowing redemption at face value plus accrued interest on the fifth and subsequent interest payment dates [2] Group 2: Redemption Announcement - The company has decided to exercise its redemption rights for the entire amount of the 20 Galaxy Y1 bonds [2] - Following the redemption, the company will ensure proper disclosure and management of the repayment and interest payment processes as per relevant business regulations [2]

Core Viewpoint - China Galaxy Securities Co., Ltd. has announced the exercise of the redemption option for its perpetual subordinated bonds "20 Galaxy Y1" and will fully redeem the bonds [1][2]. Group 1 - The company disclosed the decision to exercise the redemption right for the "20 Galaxy Y1" bonds, which were issued on November 24, 2020 [1][2]. - The bonds allow the issuer to redeem them at face value plus accrued interest on the fifth and subsequent interest payment dates [1]. - The company will ensure proper information disclosure and repayment of principal and interest following the redemption [3].

Core Points - China Galaxy Securities has decided to exercise the redemption option for its perpetual subordinated bonds "20 Galaxy Y1" and will fully redeem them [1][3] - The company completed the issuance of the "20 Galaxy Y1" bonds on November 24, 2020, which included a redemption right for the issuer [2] - The company will ensure proper information disclosure and repayment of principal and interest following the redemption [4] Group 1: Redemption Announcement - The company announced the exercise of the redemption option for the "20 Galaxy Y1" bonds, indicating a full redemption [3] - The bonds were issued with a redemption right that allows the issuer to redeem them at face value plus accrued interest on specified payment dates [2] Group 2: Short-term Financing Bond Issuance - The company successfully issued its 24th short-term financing bond on October 15, 2025, with details published on various financial websites [6] Group 3: Shareholders' Meeting Notification - The company will hold its second extraordinary general meeting of shareholders on October 31, 2025, with both on-site and online voting options available [8][10] - The meeting will discuss several resolutions, including amendments to the company's articles of association and other governance documents [10]

Core Viewpoint - China Galaxy Securities Co., Ltd. has completed the issuance of its 2020 perpetual subordinated bonds (Phase 1), referred to as "20 Galaxy Y1" [1] Group 1: Issuance Details - The issuance of 20 Galaxy Y1 was completed on November 24, 2020 [1] - The bond has a repricing cycle of 5 years, with the issuer having the option to extend the bond for an additional cycle or redeem it in full at the end of each repricing period [1] Group 2: Redemption and Extension Options - The bond includes an issuer extension option, allowing the issuer to extend the bond for one repricing cycle at the end of each cycle [1] - The issuer also has a redemption right, allowing it to redeem the bond at face value plus accrued interest on the fifth interest payment date and thereafter [1] Group 3: Future Plans - On November 24, 2025, which marks the end of the first repricing period, the company plans to exercise its redemption right and fully redeem the 20 Galaxy Y1 [1]