001289SZSE

Announcement on the Completion of the Eighth Phase of Ultra-Short-Term Financing Bond Issuance in 2026 by Longyuan Power

✨ AI Summary

Longyuan Power Group Co., Ltd. has completed the issuance of its eighth phase of ultra-short-term financing bonds on May 27, 2026. The total amount raised was 1.4 billion RMB, with a planned issuance of 2 billion RMB. The funds will be used to supplement working capital and repay interest-bearing debts of the issuer and its subsidiaries.

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Full Translation

AI Translation· azure_openai

Announcement on the Completion of the Eighth Phase of Ultra-Short-Term Financing Bond Issuance in 2026 by Longyuan Power

Longyuan Power Group Co., Ltd. (hereinafter referred to as "the Company") held its 2025 annual shareholders' meeting on April 29, 2026, 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 institutions such as the China Securities Regulatory Commission, exchanges, the National Development and Reform Commission, and the China Insurance Asset Management Association, with a total new scale not exceeding 50 billion RMB (including 50 billion RMB). The types of debt financing instruments include but are not limited to corporate bonds, enterprise bonds, asset securitization products, real estate investment trusts (REITs, quasi-REITs), perpetual bonds, project income bonds, consolidated funds, and debt guarantee plans.

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