Guangdong Power Development Co., Ltd. (hereinafter referred to as "the Company" or "this Company") and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
To enhance funding sources, ensure the financial needs of the 14th Five-Year Plan, restore financing paths in the exchange market, and reduce financing costs, Guangdong Power Development Co., Ltd. convened the 11th meeting of the 11th board of directors on April 28, 2026, to review and approve the proposal on applying for the registration and issuance of corporate bonds. The Company intends to apply to the China Securities Regulatory Commission (hereinafter referred to as "CSRC") for the registration and issuance of corporate bonds not exceeding RMB 8 billion (including RMB 8 billion) through the Shenzhen Stock Exchange. This matter is subject to approval by the Company's shareholders' meeting and must be approved by the Shenzhen Stock Exchange and the CSRC before implementation.
The specific plan and related matters for this bond issuance are as follows:
1. Explanation of the Company's Compliance with Conditions for Public Issuance of Corporate Bonds
According to the provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Issuance and Trading of Corporate Bonds, and the Listing Rules for Corporate Bonds of the Shenzhen Stock Exchange, the Company has conducted a self-examination based on its actual operating conditions and financial status. The board of directors believes that the Company meets the conditions and requirements stipulated in the aforementioned laws, regulations, and normative documents and is qualified for the public issuance of corporate bonds.