000966SZSE
🚨 Material Event

Progress Announcement on Signing the Commercial Factoring Service Agreement and Related Transactions

✨ AI Summary

The announcement details the signing of a Commercial Factoring Service Agreement between Changyuan Power and Guoneng (Beijing) Commercial Factoring Co., Ltd. The agreement allows for annual transactions up to 800 million RMB over two years. The company aims to optimize its debt structure and expand financing channels through this agreement. Continuous information disclosure obligations will be fulfilled regarding this related transaction.

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Full Translation

AI Translation· azure_openai

Securities Code: 000966
Securities Abbreviation: Changyuan Power
Announcement Number: 2026-036

National Energy Group Changyuan Power Co., Ltd. Progress Announcement on Signing the Commercial Factoring Service Agreement and Related Transactions

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.

I. Overview of Related Transactions

To expand financing channels and optimize the debt structure, the company plans to engage in commercial factoring business with Guoneng (Beijing) Commercial Factoring Co., Ltd. (hereinafter referred to as Guoneng Factoring) and sign the Commercial Factoring Service Agreement. The agreement stipulates that the amount for commercial factoring business (including related fees) between the company and Guoneng Factoring shall not exceed 800 million RMB per year, with a validity period of two years (for specific details, please refer to the announcement titled "Progress Announcement on Signing the Commercial Factoring Service Agreement and Related Transactions," announcement number: 2026-019, disclosed on April 24, 2026, in China Securities Journal, Securities Times, and Giant Tide Information Network).

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