China Power Subsidiary Launches Sci-Tech Note
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China Power Subsidiary Launches Sci-Tech Note

China Power International Development (HK:2380) has released an update.

China Power International Development Limited’s subsidiary, Wu Ling Power, has successfully issued a RMB 400 million Sci-Tech Note in the PRC, backed by intellectual property in clean energy technology. The note, with a 1.97% annual coupon rate and six-month maturity, aims to repay existing debts and bolster working capital. Investors can access details on the issuance and Wu Ling Power’s financial information on two public websites.

For further insights into HK:2380 stock, check out TipRanks’ Stock Analysis page.

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