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China Longyuan Completes RMB1.5 Billion Mid-term Notes Issuance

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China Longyuan Completes RMB1.5 Billion Mid-term Notes Issuance

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

China Longyuan Power Group Corporation Limited has successfully issued mid-term notes totaling RMB1.5 billion on February 21, 2025, with the proceeds intended for working capital replenishment and debt repayment. This financial maneuver, led by China Merchants Bank Co., Ltd., is expected to enhance the company’s financial flexibility and support its ongoing operations in the renewable energy sector.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a major player in the renewable energy industry, focusing primarily on wind power generation. The company is known for its extensive portfolio of wind farms and is a key contributor to China’s renewable energy initiatives.

YTD Price Performance: -11.48%

Average Trading Volume: 1,126

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $13.84B

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

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