China Longyuan Power Group Corporation Limited announced that it completed the issuance of RMB2.0 billion in ultra short-term debentures on 26 November 2025. The term of the debentures is 57 days, with a nominal value of RMB100 per unit and a coupon rate of 1.61%, effective from 27 November 2025.
According to the announcement, Shanghai Pudong Development Bank Co., Ltd. and China Minsheng Banking Corp., Ltd. served as lead underwriters for the public offering of the ultra short-term debentures. The proceeds will be used to replenish daily working capital and repay the interest-bearing debt of the issuer and its subsidiaries.
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