Announcement on Proposed Public Issuance of Corporate Bonds by Yunnan Energy Investment Co., Ltd.
The company and all members of the board of directors guarantee that the information disclosed is true, accurate, complete, and free from false records, misleading statements, or significant omissions.
On May 29, 2026, the board of directors of Yunnan Energy Investment Co., Ltd. (hereinafter referred to as "the Company") approved the proposal to apply for the public issuance of corporate bonds amounting to RMB 1 billion at the sixth extraordinary meeting of 2026. To further expand financing channels and reduce financing costs, the Company intends to apply to the Shenzhen Stock Exchange for the public issuance of corporate bonds not exceeding RMB 1 billion (inclusive) after obtaining approval from the China Securities Regulatory Commission. This matter still requires submission to the shareholders' meeting for approval. The specific plan and related matters for this bond issuance are announced as follows:
1. Explanation of the Company's Eligibility for Bond Issuance
According to the provisions of the Company Law, Securities Law, Measures for the Administration of the Issuance and Trading of Corporate Bonds, and the Listing Rules for Corporate Bonds on the Shenzhen Stock Exchange, combined with the Company's actual situation, the Company has self-verified that it meets the qualifications and conditions for public issuance of corporate bonds as stipulated in relevant laws, regulations, and normative documents.
2. Bond Issuance Plan
(1) Issuance Scale
The validity period for the registration approval of the public issuance of corporate bonds is 2 years, and the total amount proposed for registration and issuance is not more than RMB 1 billion (inclusive of 1 billion). The specific registered issuance scale will be determined based on the final approval from regulatory authorities, and the Company will issue in one or multiple phases based on market and funding conditions.
(2) Term Settings
The proposed term for the corporate bonds will not exceed 5 years (inclusive), and may include special term clauses such as investor put options, issuer interest rate adjustment options, and redemption options. The specific issuance term will be determined based on regulatory approval and market conditions.