CGN Power (01816) has completed the issuance of the 2026 first and second series medium-term notes.

CGN POWER (01816) announced that the company has successfully registered the issuance of a variety of debt financing instruments (TDFI) in the People's Republic of China with the Bank of China Market Traders Association. Within the registration period, the company can issue commercial paper, short-term financing bonds, medium-term notes, asset-backed notes, green debt financing instruments, targeted debt financing instruments, and other products in stages. The company completed the issuance of the first and second tranche of medium-term notes in 2026 on April 21. The first tranche of medium-term notes has a total issuance amount of RMB 1 billion, a term of 3 years, a face value of RMB 100, an issuance interest rate of 1.63%, an interest start date of April 22, 2026, and a maturity date of April 22, 2029. Industrial and Commercial Bank of China Co., Ltd. acted as the bookrunner and organizer of the underwriting team for the first tranche of medium-term notes, which were publicly issued in the domestic interbank bond market through bookkeeping and centralized distribution. The second tranche of medium-term notes has a total issuance amount of RMB 1 billion, a term of 3 years, a face value of RMB 100, an issuance interest rate of 1.63%, an interest start date of April 22, 2026, and a maturity date of April 22, 2029. Agricultural Bank Of China Co., Ltd. acted as the bookrunner and organizer of the underwriting team for the second tranche of medium-term notes, which were publicly issued in the domestic interbank bond market through bookkeeping and centralized distribution. The funds raised from this issuance of medium-term notes will be used to repay loans of the company's subsidiary companies. The company is not subject to any dishonesty responsibilities.