Datang Enviro seeks shareholder nod for debt instruments, articles update

Datang Environment Industry Group Co., Ltd. will convene an Extraordinary Shareholders' Meeting (ESM) on Monday, December 29, 2025, to consider key proposals. These include amendments to the Articles of Association to update the company’s business scope, and the domestic registration and issuance of debt financing instruments. The proposed debt instruments comprise super short-term commercial paper, short-term commercial paper, and medium-term notes.

The company seeks shareholder approval to register with NAFMII for the issuance of SCP up to RMB3 billion, short-term commercial paper up to RMB2 billion, and medium-term notes up to RMB1 billion. The proceeds from these issuances are intended to replenish working capital, fund project investments, and repay existing debts. The board recommends shareholders approve all resolutions.

The ESM will also address the authorization of the board, which can then sub-authorize the chairman, to handle all matters related to the registration and issuance of these debt instruments. The register of members will close from December 22, 2025 to December 29, 2025, to determine shareholder eligibility to attend and vote at the ESM.