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China Longyuan Power Group ( (HK:0916) ) just unveiled an announcement.
China Longyuan Power Group has completed an issuance of ultra short-term debentures totaling RMB1.8 billion, providing the company with fresh liquidity for near-term needs. The debentures, issued on April 28, 2026, carry a 148-day term, a nominal value of RMB100 per unit and a coupon rate of 1.35%, with interest accruing from April 29.
China Guangfa Bank acted as lead underwriter and Industrial Bank served as joint lead underwriter for the public offering, underscoring continued banking support for the issuer. All proceeds will be used to replenish daily working capital and repay interest-bearing debt at the company and its subsidiaries, suggesting a focus on balance-sheet management and short-term funding flexibility for stakeholders.
The most recent analyst rating on (HK:0916) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Longyuan Power Group stock, see the HK:0916 Stock Forecast page.
More about China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a Hong Kong–listed power producer based in Beijing, primarily engaged in the development, operation and management of power generation assets, with a particular focus on renewable energy projects in China. The company taps domestic capital markets to support its working capital needs and manage its debt structure, reflecting its role as a major participant in China’s evolving energy sector.
Average Trading Volume: 30,535,272
Technical Sentiment Signal: Sell
Current Market Cap: HK$115.8B
See more insights into 0916 stock on TipRanks’ Stock Analysis page.