China Power (02380) has completed the issuance of 2 billion yuan worth of short-term financing bonds.

China Power (02380) announced that on August 27, 2028, in accordance with the existing registration of Debt Financing Instruments (DFI) with the Market Dealers Association of Bank of China, the company issued the first tranche of short-term financing bonds (Short-Term Bonds 2025 Tranche) within China. The amount issued was RMB 2 billion, with a coupon rate of 1.69% per year. The funds raised will be used to repay maturing debt.