Datang Environment issues fourth tranche of 2025 sci-tech innovation bonds

Datang Environment Industry Group Co., Ltd. announced the successful issuance of the fourth tranche of its 2025 sci-tech innovation bonds (STIBs). The issuance was completed on October 15, 2025, with Shanghai Pudong Development Bank Co., Ltd. acting as the principal underwriter and bookrunner. The company has already received the proceeds from this issuance.

The STIBs have an issuance size of RMB500 million, a term of 268 days, and a face value of RMB100. The interest rate for this issue of STIBs is 1.77%, with a value date of October 15, 2025. The company intends to utilize the proceeds from this issuance for the repayment of its interest-bearing liabilities.

This announcement serves to inform the market about the completion of this financial activity.