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China Longyuan Power Group ( (HK:0916) ) just unveiled an announcement.
China Longyuan Power Group has successfully completed the issuance of RMB2.5 billion mid-term notes with a 5-year term and a 1.93% coupon rate. The funds raised will be used to replenish working capital or repay the interest-bearing debts of the company and its subsidiaries, potentially strengthening its 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 focused on the development, construction, management, and operation of wind power projects. The company is a significant player in China’s renewable energy market, aiming to expand its influence and capacity in sustainable energy generation.
YTD Price Performance: -8.55%
Average Trading Volume: 1,540
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $12.8B
See more data about 0916 stock on TipRanks’ Stock Analysis page.