Qianyuan Power: Intends to issue corporate bonds of no more than 800 million yuan.

Qianyuan Power Announcement: The company intends to apply for the public issuance of corporate bonds to professional investors with a scale not exceeding 800 million yuan. The size of this bond issuance is not more than 800 million yuan, and it can be issued once or in tranches according to market conditions, with a face value of 100 yuan, issued at par, with fixed interest rates and annual interest payments, and principal repayment at maturity. The funds raised will be used to repay the company's interest-bearing debt, supplement working capital, invest in projects, contribute to equity, and other purposes permitted by laws and regulations.