DATANG RENEW (01798) announced the successful completion of its 2025 corporate bond (first tranche) issuance on November 6, 2025, with proceeds received. The final issuance size reached RMB1 billion, featuring a 2-year tenor and a face value of RMB100 per bond. The coupon rate was set at 1.75%, with the interest accrual starting on the issuance date.
Net proceeds after deducting issuance costs will be allocated to productive expenditures, including repayment of interest-bearing debts, working capital replenishment, project investments, and other legally compliant operational purposes.