Jingneng Real Estate: Plans to carry out perpetual bond financing business of not more than 3 billion yuan.

date
17/07/2026
Beijing Energy Real Estate announced that the company plans to sign a "perpetual debt investment contract" with a trust company to carry out perpetual debt financing business of up to 3 billion yuan, with funding from the controlling shareholder Beijing Energy Group Limited Liability Company. The financing will be used for project construction, repayment of existing loans, with no fixed term, interest rate not exceeding the same period loan market quoted interest rate, and no need for guarantees. This matter was approved by the board of directors on July 17, 2026, and still requires approval from the shareholders' meeting, and does not constitute a major asset restructuring.