Yankuang Energy issues 3 bn yuan tech innovation bonds

Yankuang Energy Group Co., Ltd. announced the successful issuance of its 2025 fourth tranche science and technology innovation bonds. The company obtained registration for debt financing instruments on June 20, 2025, valid for two years. The bonds, successfully issued on December 8, 2025, raised 3 billion yuan, which was received by the company on December 9, 2025.

The bonds have a tenor of 270 days. The start date for interest accrual is December 9, 2025, with a redemption date of September 5, 2026. The bonds were issued at an interest rate of 1.65% and an issue price of 100 yuan per 100 yuan face value. The total planned and actual issuance amount was 3 billion yuan.

Industrial Bank Co., Ltd. served as both the bookkeeping manager and lead underwriter, with China Merchants Bank Co., Ltd. acting as the co-lead underwriter.