EB ENVIRONMENT (00257) announced that its wholly-owned subsidiary, EB Environmental Protection (China), successfully issued the first tranche of 2025 Green Targeted Asset-Backed Notes (Carbon Neutrality Bonds) on December 16, 2025. The total face value of the notes issued under this tranche amounts to RMB787 million.
The proceeds will be used to supplement working capital, repay financial institution loans, and/or other purposes compliant with national industrial policies and applicable laws and regulations.
Under the underwriting agreement framework, EB Environmental Protection (China) has entered into agreements with EB Securities, Shanghai Pudong Development Bank, China Minsheng Bank, and Bank of Ningbo for the issuance. EB Securities serves as the lead underwriter, while Pudong Development Bank, Minsheng Bank, and Bank of Ningbo act as joint lead underwriters responsible for the issuance in accordance with the terms of the agreement.