Group 1 - The company, GF Securities, announced the public issuance of subordinated bonds (third phase) aimed at professional investors, scheduled for August 18 to August 19, 2025 [1] - The total issuance amount for this bond is set at 500 million yuan, with a final issuance price of 99.740 yuan [1] - The subscription multiple for this bond issuance is reported to be 2.46 times [1] Group 2 - The funds raised from this bond issuance will be used entirely to repay the "24 GF 07" bond [1]