Shenergy gets CSRC approval for 15 bn yuan renewable bond issuance

Shenergy Company Limited (SSE:600642) announced on October 16, 2025, that it received approval from the China Securities Regulatory Commission (CSRC) for the registration of its public issuance of renewable corporate bonds to professional investors. The approval allows for the issuance of bonds with a total face value not exceeding 15 billion yuan. The bonds must be issued in strict accordance with the prospectus submitted to the Shanghai Stock Exchange, and the approval is valid for 24 months from the registration date, allowing for phased issuance.

On October 15, 2025, Shenergy also announced that the Shanghai Stock Exchange (SSE) accepted its application for the issuance of convertible corporate bonds to unspecified investors on the SSE Main Board, noting that the application documents were complete and compliant. This convertible bond issuance, with a maximum size of 2 billion yuan, is currently undergoing review by the SSE and requires CSRC registration.

The company will proceed with both the renewable corporate bond and convertible bond issuances in accordance with relevant laws and regulations, promptly fulfilling its information disclosure obligations. These financing activities aim to optimize Shenergy's capital structure and support its strategic development.