Tongwei gets green light for debt financing instruments

Tongwei Co., Ltd. (SSE: 600438) announced that it has received approval from the National Association of Financial Market Institutional Investors (NAFMII) to register its debt financing instruments (DFI). The decision was formalized in acceptance documents, following resolutions passed at the company's eighth board meeting and the 2025 first extraordinary general meeting. This registration, valid for two years from April 28, 2025, allows Tongwei to issue a variety of debt instruments, including super short-term financing bonds, short-term financing bonds, medium-term notes, perpetual notes, asset-backed notes, and green debt financing tools. The company may choose to issue these instruments in one or multiple tranches during the validity period, determining underwriters, product types, issuance sizes, and terms for each issuance. Tongwei will adhere to relevant regulations concerning debt financing instruments.