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CGN Power Extends Validity Period for Convertible Bond Issuance

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CGN Power Extends Validity Period for Convertible Bond Issuance

CGN Power Co ( (HK:1816) ) has shared an update.

CGN Power Co., Ltd. has announced the extension of the validity period for resolutions related to the issuance of A Share Convertible Corporate Bonds to non-specific investors. This extension, approved by the company’s board, is necessary to ensure the smooth continuation of the issuance process, as the original validity periods are nearing expiration. The extension will last for an additional twelve months, allowing the company to maintain its strategic financial initiatives without disruption.

More about CGN Power Co

CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the energy sector. The company focuses on the generation and sale of nuclear power, positioning itself as a key player in the nuclear energy industry.

YTD Price Performance: -0.05%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $23.84B

For a thorough assessment of 1816 stock, go to TipRanks’ Stock Analysis page.

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