DATANG POWER (00991) has completed the issuance of the fifth tranche of short-term financing bonds for the year 2024.

DATANG POWER (00991) announced that at the 2023 fourth extraordinary general meeting of shareholders held on December 21, 2023, the resolution was passed to approve the company's total domestic and foreign equity financing and debt financing not exceeding RMB 80 billion in 2024. On June 7, 2023, the company received the "Acceptance Notice of Registration" (Zhongshixie note [2023]DFI31) from the Bank Of China Interbank Market Dealers Association, accepting the registration of the company's debt financing instruments with a registration amount valid for 2 years from the date of the notice. The company has completed the issuance of the "Datang International Power Generation Co., Ltd. 2024 Fifth Series of Commercial Papers" ("This Issue of Commercial Papers") on November 18, 2024. The issuance amount of this commercial paper is RMB 3 billion, with a term of 88 days, a unit face value of RMB 100, and a coupon rate of 1.91%. This issue of commercial papers is underwritten and managed by Shanghai Pudong Development Bank Co, Ltd, with the raised funds used for repayment of interest-bearing debts and supplementing operational funds.