Shenzhen Energy redeems billion yuan green bonds

Shenzhen Energy Group is redeeming its 2022 renewable corporate bonds worth 1 billion yuan on July 14, 2025. The bonds will pay a final coupon rate of 3.07% for the interest period ending July 12, 2025. Personal investors face a 20% withholding tax on interest income. The redemption completes the first phase of the company's 2022 green bond issuance program, marking the end of this debt instrument's lifecycle. The process will be managed through China's securities clearing system to ensure efficient payment to all registered bondholders.