Group 1 - The report provides an overview of the bond issuance by Great Wall Securities Co., Ltd., detailing various bond types, their codes, issuance scales, interest rates, and terms [1][5][6][7]. - The bonds issued include "21 Great Wall 01" with a scale of RMB 1 billion at an interest rate of 3.57%, and "22 Great Wall 01" with a scale of RMB 1 billion at an interest rate of 3.00% [5][11]. - The total assets of the issuer as of December 31, 2024, are RMB 123.26 billion, reflecting a 6.58% increase from the previous year [15][16]. Group 2 - The issuer's main business includes wealth management, investment banking, asset management, and securities trading, with a focus on providing various financial services [13][14]. - The issuer's net profit attributable to shareholders for 2024 is RMB 1.58 billion, showing a 9.82% increase compared to the previous year [16][17]. - The issuer has established a special account for the use of raised funds, ensuring proper management and allocation of resources [19][21]. Group 3 - The issuer has maintained a strong debt repayment capability, with a loan repayment rate of 100% and an interest repayment rate of 100% [17][24]. - The issuer has a good credit record and meets all regulatory requirements, ensuring a stable financing environment [24][25]. - The report confirms that all bond interest payments for the year 2024 have been completed on time [26].