Chinese company Power: terminating the issuance of convertible corporate bonds and paying cash to purchase assets and raising matching funds
China Power Announcement: The company held a board meeting on September 12, 2025 and approved the proposal to terminate the issuance of convertible corporate bonds, pay cash to purchase assets and raise matching funds, and related party transactions and withdraw the application documents. The company and its independent financial advisor, CITIC Construction Investment Securities Co., Ltd., have submitted an application to the Shanghai Stock Exchange to withdraw the application documents. The SSE has decided to terminate the relevant review of the company.
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