China Longyuan Power completes RMB2.6 bn ultra short-term debenture issuance

China Longyuan Power Group Corporation Limited announced the completion of its Ultra Short-term Debentures issuance on December 17, 2025. This issuance, approved by shareholders at the 2024 annual general meeting, totaled RMB2.6 billion. The debentures carry a term of 29 days, with a nominal value of RMB100 per unit and a coupon rate of 1.65%. Interest accrual began on December 18, 2025.

The proceeds from these Ultra Short-term Debentures are designated for two primary uses: replenishing the company's daily working capital and repaying interest-bearing debt of both the issuer and its subsidiaries. China Minsheng Bank Corp. Ltd. served as the lead underwriter for the public offering.

The announcement was made by the company's board, chaired by Gong Yufei, and released from Beijing, PRC, on December 18, 2025.