DATANG POWER has announced the successful issuance of its 2026 fifth tranche of ultra-short-term financing notes. The company raised a total of 2 billion yuan through this issuance. These notes carry a term of 120 days and a unit face value of 100 yuan. The coupon rate for the issuance was set at 1.38%, with an interest commencement date of April 16, 2026.

Proceeds from the notes will be allocated towards repaying interest-bearing debt and supplementing working capital. Industrial Bank Co., Ltd. acted as the lead underwriter and bookrunner for the offering. Shanghai Pudong Development Bank Co., Ltd. and Everbright Securities Co., Ltd. served as joint lead underwriters.

The issuance follows the company's debt financing instrument registration with the National Association of Financial Market Institutional Investors, which was accepted on October 22, 2025. This registration provides a quota valid for three years starting from May 23, 2025. The approval for the company's financing plans, encompassing both domestic and foreign equity and debt financing up to a total of 90 billion yuan, was granted during an extraordinary general meeting held on December 30, 2025.