Fundamental Securities Issues 20 Billion Yuan Short-Term Corporate Bonds

Fundamental Securities (01776) issued a notice, announcing that Fundamental Securities Co., Ltd. (hereinafter referred to as "the Issuer") has obtained registration from the China Securities Regulatory Commission with certificate number [[2025]] 818 for the issuance of short-term corporate bonds with a face value not exceeding RMB 30 billion.

According to the "Fundamental Securities Co., Ltd. 2025 Short-Term Corporate Bond Issuance Notice (Fifth Issue) Continuation", Fundamental Securities Co., Ltd. plans to issue short-term corporate bonds (the Fifth Issue) (Continuation) with a face value not exceeding RMB 20 billion (inclusive), valid for 211 days (from June 12, 2025 to January 9, 2026), and the coupon rate is 1.64%, bond face value is RMB 100, and the issuance price will be determined through book-building.

The final issuance date for this issue is from July 28, 2025 to July 29, 2025, with a final issuance amount of RMB 20 billion and a final issuance price of RMB 100.214, with an oversubscription ratio of 2.78 times.

The main underwriter, China International Capital Corporation Limited, a related party of the Issuer's associate company, China Foreign Economic & Trade Trust Investment Company Limited, participated in the subscription and was allocated RMB 50 million worth of bonds at a fair price. The other underwriters and their associates did not participate in the subscription.