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China Longyuan Power Completes RMB1.2 Billion Mid-Term Notes Issuance

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China Longyuan Power Completes RMB1.2 Billion Mid-Term Notes Issuance

China Longyuan Power Group ( (HK:0916) ) just unveiled an announcement.

China Longyuan Power Group Corporation Limited has successfully completed the issuance of RMB1.2 billion in mid-term notes with a 1.90% coupon rate, maturing in two years. The proceeds from this issuance will be used to replenish working capital or repay interest-bearing debts, potentially strengthening the company’s financial position and operational capabilities.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a leading company in the renewable energy industry, primarily focusing on wind power generation. It operates extensively in China, contributing significantly to the country’s green energy initiatives.

YTD Price Performance: -1.11%

Average Trading Volume: 970

Technical Sentiment Signal: Buy

Current Market Cap: $13.62B

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

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