Group 1 - The core announcement is that GF Securities (000776)(01776) will issue perpetual subordinated bonds (Phase 1) aimed at professional investors, which will be listed on the Shenzhen Stock Exchange starting February 26, 2026 [1] - The total issuance amount of the bonds is set at 3 billion yuan, with a coupon rate of 2.32% [1]

Core Viewpoint - Guangfa Securities (01776) has announced the issuance of perpetual subordinated bonds, which will be listed on the Shenzhen Stock Exchange, indicating a strategic move to raise capital for professional investors [1] Group 1: Bond Issuance Details - The total issuance amount of the bonds is 3 billion yuan [1] - The bonds will have a coupon rate of 2.32% [1] - The bonds are set to be listed and available for trading starting February 26, 2026 [1] Group 2: Trading Mechanism - The trading methods for the bonds include matching transactions, click transactions, inquiry transactions, competitive bidding, and negotiated transactions [1]

Group 1 - The core point of the article is that GF Securities Co., Ltd. has announced the issuance of perpetual subordinated bonds, which will be listed on the Shenzhen Stock Exchange starting February 26, 2026 [1] - The bonds are specifically aimed at professional institutional investors and will be traded through various methods including matching transactions, click transactions, inquiry transactions, competitive bidding, and negotiated transactions [1]

Group 1 - The core point of the article is that GF Securities (01776) has received approval from the China Securities Regulatory Commission to publicly issue perpetual subordinated corporate bonds with a total face value of up to 20 billion yuan [1] - The first phase of this issuance will involve a maximum scale of 3 billion yuan [1] - The coupon rate for the bonds, after an inquiry among professional institutional investors, has been set at 2.32% within a range of 1.80% to 2.80% [1]

Group 1 - The core point of the article is that GF Securities has received approval from the China Securities Regulatory Commission to issue perpetual subordinated bonds totaling up to 20 billion yuan, with the first phase planned to raise up to 3 billion yuan [1] - The bond issuance is aimed at professional institutional investors, and the final coupon rate for the first phase bond has been set at 2.32% after a pricing inquiry [1] - The inquiry for the coupon rate was conducted on February 6, 2026, with a range of 1.80% to 2.80% [1]

Group 1 - The core point of the article is that GF Securities has received approval from the China Securities Regulatory Commission to issue perpetual subordinated bonds totaling up to 20 billion yuan, with an initial issuance plan of 3 billion yuan [1] - The first phase of the bond issuance is set to have a face value of no more than 30 billion yuan, under the approved registration [1] - The coupon rate for the bonds, after inquiries from professional institutional investors, has been determined at 2.32%, within the range of 1.80% to 2.80% [1]

Group 1 - The core point of the article is that GF Securities (01776) announced the issuance of perpetual subordinated bonds aimed at professional investors, with a total issuance scale not exceeding RMB 3 billion [1] - The bonds, referred to as "26 GF Y1," have a pricing range set between 1.80% and 2.80% [1] - The funds raised from this bond issuance, after deducting issuance costs, are intended to be used for repaying maturing corporate bonds [1]