CGN Power (1816) Announces Issuance of Two Tranches of 2026 Super Short-Term Debentures

Bulletin Express

02/11

CGN Power Co., Ltd. (Stock Code: 1816) completed the issuance of its first and second tranches of 2026 super short-term financing debentures. Each tranche has an issuing amount of RMB1 billion, a maturity of 268 days, and an issue interest rate of 1.55%. Interest starts accruing on February 11, 2026, with a maturity date set for November 6, 2026.

According to the announcement, Industrial and Commercial Bank of China Limited served as bookrunner and underwriter for the first tranche, while China CITIC Bank Corporation Limited was responsible for the second tranche. All proceeds are allocated to repaying borrowings of the Company’s subsidiaries.

The relevant documents have been published on the websites of the Shanghai Clearing House and China Money. The announcement clarifies that this issuance does not constitute a transaction under Chapter 14 or Chapter 14A of the Listing Rules.

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