Ningbo Energy Group (600982.SH) received approval from the China Securities Regulatory Commission to issue up to 1 billion yuan in renewable corporate bonds.

Ningbo Energy Group (600982.SH) announcement: Recently, the company received the approval from the China Securities Regulatory Commission (referred to as "CSRC") regarding Ningbo Energy Group Group Limited's registration for the public issuance of renewable corporate bonds to professional investors (CSRC approval [2025] No. 320). The approval includes: 1. Approval for your company to publicly issue renewable corporate bonds with a total face value not exceeding 1 billion yuan to professional investors. 2. The issuance of renewable corporate bonds should strictly follow the fundraising prospectus submitted to the Shanghai Stock Exchange. 3. This approval is valid for 24 months from the date of registration approval, and your company can issue renewable corporate bonds in installments during the valid registration period. 4. From the date of registration approval until the end of the issuance of the renewable corporate bonds, your company should promptly report any significant events and handle them according to relevant regulations.