Longyuan Power Group Co., Ltd. (hereinafter referred to as "the Company") held the 2024 Annual General Meeting on June 17, 2025, where it approved the proposal regarding the general authorization for the Company to apply for registration and issuance of debt financing instruments domestically. The shareholders authorized the board of directors to decide and handle the approval, registration, and issuance of debt financing instruments through the China Securities Regulatory Commission, Shenzhen Stock Exchange, National Development and Reform Commission, and China Insurance Asset Management Association, with a total new scale not exceeding 50 billion RMB (including 50 billion RMB). The Company may register debt financing instruments with the China Interbank Market Dealers Association in a unified or categorized manner, with a total new scale not exceeding 80 billion RMB (including 80 billio
001289SZSE
Announcement on the Completion of the Fifth Phase of Ultra-Short-Term Financing Bond Issuance in 2026 by Longyuan Power
✨ AI Summary
Longyuan Power Group Co., Ltd. has successfully issued its fifth phase of ultra-short-term financing bonds on April 28, 2026, raising a total of 1.8 billion RMB. The funds will be used to supplement working capital and repay interest-bearing debts. The bonds have a maturity of 148 days and an interest rate of 1.35%.
Summary generated by AI · Always verify with source document
Full Translation
AI Translation· azure_openai
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.