Yankuang Energy’s Successful RMB 2 Billion Note Issuance

Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.

Yankuang Energy Group Company Limited successfully issued its fourth tranche of medium-term notes for 2024, raising RMB 2 billion. The notes, which have a term of over two years and an interest rate of 2.06%, were fully subscribed and are valued at RMB 100 per unit. This issuance highlights the company’s robust financing capabilities and its strategic financial planning in the energy sector.

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