HTSC Successfully Completes Issuance of 4 Billion Yuan Subordinated Bonds

Stock News06-10

HTSC (06886) has announced the conclusion of its issuance of perpetual subordinated bonds (Series 1) for the year 2026, targeting professional investors. The offering period ended on June 9, 2026.

The final issuance size for this tranche of bonds reached 4 billion yuan, carrying a coupon rate of 1.95% and achieving a subscription multiple of 2.51 times.

As verified, related parties of the issuer and the joint bookrunner for this bond issuance, Huatai United Securities Co., Ltd., participated in the subscription. Specifically, China Southern Fund Management Co., Ltd. subscribed for 80 million yuan worth of bonds, while China International Capital Corporation Limited's affiliate, CICC Wealth Management Limited, subscribed for 100 million yuan. Additionally, GF Securities Co., Ltd. subscribed for 100 million yuan. The pricing and subscription procedures were in full compliance with the stipulations outlined in the official issuance announcement.

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