Group 1 - The company Shenyin Wanguo Securities Co., Ltd. completed the issuance of subordinated bonds on September 15, 2025, with a total issuance scale of RMB 3 billion [1] - The first type of bond has an issuance scale of RMB 2 billion, a term of 3 years, and a coupon rate of 2.15% [1] - The second type of bond has an issuance scale of RMB 1 billion, a term of 5 years, and a coupon rate of 2.24% [1] Group 2 - The bonds are scheduled to be listed on the Shenzhen Stock Exchange starting September 19, 2025, and will be traded among institutional investors [1] - The first type of bond is referred to as "25申证C1" with the bond code "524428," while the second type is referred to as "25申证C2" with the bond code "524429" [1]

Group 1 - The company, Shenwan Hongyuan, announced the completion of the issuance of subordinated bonds by its subsidiary, Shenwan Hongyuan Securities Co., Ltd., aimed at professional investors, on September 15, 2025 [1] - The total issuance scale of the bonds is RMB 3 billion, with the first type having an issuance scale of RMB 2 billion, a term of 3 years, and a coupon rate of 2.15% [1] - The second type has an issuance scale of RMB 1 billion, a term of 5 years, and a coupon rate of 2.24% [1] Group 2 - The bonds are scheduled to be listed on the Shenzhen Stock Exchange starting September 19, 2025, and will be traded among institutional investors [1] - The first type of bond is referred to as "25申证C1" with the bond code "524428", while the second type is referred to as "25申证C2" with the bond code "524429" [1]