Participation in the top 10 IPOs in the history of A Shares

RMB 68.5 billion

RMB 66.8 billion

RMB 66.6 billion

RMB 58.1 billion

RMB 50.2 billion

RMB 46.6 billion

RMB 38.9 billion

RMB 30.0 billion

RMB 28.3 billion

RMB 25.7 billion

Equity Financing
Participation in the top 10 fundraising IPOs in China Stock Markets
Galaxy Securities has participated in the top 10 projects of IPO financing in the domestic capital market serving different roles such as the sponsor, lead underwriter and financial advisor.
Completion of the first domestic preference share transaction
From 2014 to 2015, we acted as joint lead underwriter and completed the issuance of the first domestic preferred stock, the RMB 80 billion preferred stock project of Agricultural Bank of China.
Bond Financing
No.3 in Corporate Bond Underwriting
As at the end of 2021, the aggregate amount for corporate bonds underwritten by Galaxy Securities amounted to approximately RMB329.059 billion.
Successfully issued the first post-disaster reconstruction bond in the market
2015 Bond for Post-earthquake Recovery and Reconstruction in Lushan by Qionglai City Construction Investment Group Co. Ltd.
Successfully issued the first perpetual corporate bond in the market
2014 Renewable Corporate Bonds of Beijing Infrastructure Investment Co.Ltd
Successfully issued the first green corporate bond in the market
Public offering of 2016 Green Corporate Bonds by Huaneng New Energy Co. Ltd.
Business Strengths

Leading Industry Position

We have long maintained a leading position in the industry for equity financing and bond financing. We have participated in the top 10 IPOs in China's securities market and completed the first domestic preferred share issuance project; we ranked third in the industry in corporate bond underwriting and successfully issued the first post-disaster reconstruction bond, the first perpetual corporate bond and the first green corporate bond in the market, keeping our pioneering role in the industry.

Excellent Professional Skills

We provide customers with precision services, carry out sophisticated design with carefully structured organisation and offer high-quality projects guided by clients' needs, and build an integrated value chain combining businesses such as capital, research, pricing, sales and risk control. With issuance and underwriting business as the backbone, and cross-sectoral and cross-market coordination as our strong support, we offer customers with diversified and full-cycle integrated financial service solutions.

Robust underwriting ability

We have built up a good underwriter reputation, institutional client pool, platform resources, internal synergies and ability for the underwriting team to identify value, match deals and quickly improve project-client matching. In areas of co-selling, territorial selling, precision selling, customised selling, business selling, the Company has yielded good results.

Efficient synergistic capabilities

We intend to change the current situation that the processes of client solicitation, product design, project execution, security pricing and product sales in the investment banking business and raising, investment, management and divestment of funds in the investment business are carried out separately and promote the integration of investment and financing at the business process level in compliance with the law. The combined capabilities of asset identification and structuring of our investment and financing business, product creation and portfolio management of our wealth management business, sectoral research of our research business, cross-border resource allocation of our international business will complement each other to better serve our clients.

Business Types

Equity Financing

Bond Financing

Financial Advisory

Asset Securitisation

Equity Financing

Our equity financing products and services include IPO, refinancing, BSE listing, convertible corporate bonds and exchangeable bonds.

As the lead underwriter of the sponsor, we have participated in the top 10 IPO projects in China's A-share market and completed the issuance of Agricultural Bank of China's RMB80 billion preferred stock, being the first domestic preferred stock in China.

With full business licence, the total amount of equity underwriting of China Galaxy Securities was RMB14.852 billion in 2021, ranking 21st in the market, according to Wind.

Bond financing products and services include: corporate bonds, SME bonds, financial bonds, medium-term notes, short-term bonds, collective issuance of notes, private placement of financial instruments and assets-backed bonds.

China Galaxy Securities is a securities company which has all the licenses for bond underwriting business including corporate bonds, non-financial corporate debt financing instruments and financial bonds in China, and holds a leading position in the traditional industry for bond business. The Company successfully issued the first post-disaster reconstruction bond, the first perpetual corporate bond and the first green corporate bond in the market, with an aggregated amount for corporate bond underwriting over RMB329 billion, ranking no.3 in the industry. Over the decade, the bond underwriting business of China Galaxy Securities has been at the lead of the business and trusted by the competent departments for bond administration and clients.

Financial advisory products and services include: financial advisory related to M&A and corporate reorganisation, matching transactions, enterprise reforms.

China Galaxy Securities completed a number of large scale financial advisory projects covering different fields such as finance, coal, aviation, real estate, transportation, military industry, public utilities. We have extensive experience in the capital operation of securities companies, providing financing and M&A financial advisory services for Guotai Junan, China Securities, Guosen Securities, CICC, Northeast Securities, Guoyuan Securities, Changjiang Securities, Southwest Securities, Zheshang Securities, Xiangcai Securities, Industrial Securities, Everbright Securities and many more.

Asset securitisation products and services include: the issuance of marketable standard debt products that can be separately traded by utilising the stable cash flow generated by the relevant assets as the base assets.

China Galaxy Securities had an early start in asset securitisation business. It designed and underwrote the first non-performing asset securitisation product "Dongyuan 2006-1 Preferred Restructured Asset Securitisation Trust" of China in 2006, and became one of the earliest investment banks commencing asset securitisation in China.

We issued a series of influential asset securitisation products: SSE First Heat Supply Assets-backed Securities (15 Ruire), SSE First Small Loan Trust Asset Securitisation Project (14 Hanwa), First Aviation Customer Ticket BSP Ticket Asset-backed Notes (Lucky Air ABN), the largest ABS Project for Right for Heat Fee Collection on the Market (15 Qingre). We displayed strong ability in asset securitisation business operation which iswidely recognised by the market. Other notable deals include the First Marketisation Sales for Secondary Residential Mortgages Asset-backed Securities ( Jianyuan 2021), National Commercial Bank First Green Car Instalment Asset-backed Securities and Cross-border Trust Asset Securitisation (Gongyuanzhiyuan 2021-1)

Honours and Awards

Top 10 Insurance Agencies in China

Best Underwriting Investment Bank

Best Investment Bank of China Securities Firms

ABS Pioneer Investment Bank Award

Best M&A Investment Bank

Best Financial Advisory Team in China

Outstanding Investment Banking Award

Most Valuable Investment Sponsoring

Best Investment Banking Transaction Award

Wind Best Preferred Stock Underwriter

Wind Best Underwriters for Exchangeable Bonds

Best Securities Broker in Financing Services

Best Equity Underwriter

Award for Rapid Progress in Equity Underwriting

Award for Rapid Progress in IPO Underwriting

Best Refinancing Underwriter

Award for Rapid Progress in Underwriting for Refinancing

SSE Best Bond Trustee- Manager Award

Classic Cases

Completed numerous major IPO projects under its lead

Led the completion of numerous major refinancing projects

Serving a wide range of small, medium and innovative companies

Extensive experience in M&A and restructuring projects

Contact Us
For investment banking enquiries
Please contact
the Investment Banking
Customer Service Line
010-80927586