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China Longyuan Power Group ( (HK:0916) ) has shared an update.
China Longyuan Power Group has completed the issuance of ultra short-term debentures in the mainland bond market, raising RMB1.8 billion with a 148-day tenor and a coupon rate of 1.35%, effective from 29 April 2026. China Minsheng Bank acted as lead underwriter and Bank of Jiangsu as joint lead underwriter for the offering, which was conducted as a public issuance.
The company plans to use all proceeds from the debentures to replenish daily working capital and repay interest-bearing debt at the parent and subsidiary levels, reflecting an emphasis on liquidity management and balance sheet optimization. The move may help lower short-term financing costs and support ongoing operations, potentially strengthening the group’s financial flexibility amid evolving funding conditions in China’s power sector.
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 and operation of power generation assets, with a focus on renewable and conventional energy projects in mainland China. The company raises funds in domestic debt markets to support its working capital needs and manage its financing structure across its subsidiaries.
Average Trading Volume: 30,535,272
Technical Sentiment Signal: Sell
Current Market Cap: HK$115.8B
Find detailed analytics on 0916 stock on TipRanks’ Stock Analysis page.