CGN Power's convertible bond issuance gets Shenzhen approval

CGN Power Co., Ltd. (HKEX:1816) has announced the Shenzhen Stock Exchange Listing Review Committee's approval for its application to issue share convertible corporate bonds to non-specific investors. The decision was made during the committee's third review meeting for 2025 on February 13, 2025. The company disclosed that the implementation of the issuance remains subject to regulatory approval from the China Securities Regulatory Commission (CSRC). CGN Power stated its commitment to fulfilling information disclosure obligations and advised investors to carefully consider investment risks. The announcement references previous circulars and announcements dated July 5, 2024, and August 8, 2024, which pertain to the issuance.