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China Longyuan Power Completes RMB2 Billion Debenture Issuance

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China Longyuan Power Completes RMB2 Billion Debenture Issuance

China Longyuan Power Group ( (HK:0916) ) has provided an announcement.

China Longyuan Power Group Corporation Limited has successfully completed the issuance of ultra short-term debentures totaling RMB2.0 billion on March 14, 2025. The proceeds from this issuance, which carries a coupon rate of 1.94% and a term of 179 days, will be utilized for replenishing daily working capital and repaying interest-bearing debt, potentially enhancing the company’s financial stability and operational efficiency.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a leading company in the renewable energy sector, primarily focusing on wind power generation. The company operates extensively within China and is involved in the development, construction, and management of wind farms.

YTD Price Performance: -1.98%

Average Trading Volume: 970

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $13.78B

See more data about 0916 stock on TipRanks’ Stock Analysis page.

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