Core Insights - The China Datang Fuxin Coal-to-Natural Gas Project has resumed construction, marking the largest single investment project in Fuxin's history [1] - This project is the first coal-to-natural gas demonstration project in Northeast China, highlighting its significance for national energy security and economic transformation in resource-depleted cities [1] Investment and Economic Impact - The project is expected to play a crucial role in ensuring national energy security [1] - It aims to facilitate the economic transition of cities that have experienced resource depletion [1]

Core Viewpoint - Datang Power Generation has successfully issued its fourth phase of ultra-short-term financing bonds for 2025, raising a total of 2 billion RMB with a maturity of 90 days and an interest rate of 1.59% [1] Group 1 - The total issuance amount of the ultra-short-term financing bonds is 2 billion RMB [1] - The bonds have a maturity period of 90 days [1] - The face value of each bond is set at 100 RMB [1] - The coupon rate for the bonds is 1.59% [1]

Core Viewpoint - The China Datang Corporation has resumed construction on its Fuxin coal-to-natural gas project, marking a significant milestone with the completion of the last large equipment hoisting operation, allowing the project to enter a full-scale construction phase [1] Group 1 - The mobilization meeting for the resumption of construction took place on October 15 [1] - The first phase of the main equipment installation for the project has been successfully integrated, indicating progress in the construction process [1] - The project is now fully back in construction, highlighting the company's commitment to advancing its energy initiatives [1]

Core Insights - The project is a key national energy strategy initiative and the first coal-to-natural gas demonstration project in Northeast China, aimed at reducing dependence on foreign natural gas and enhancing energy self-sufficiency [2][3] Group 1: Project Overview - The Datang Fuxin coal-to-natural gas project is a national-level demonstration project and the only one of its kind in Northeast China [3] - The project is designed to produce 1.33 billion standard cubic meters of coal-derived natural gas annually, with full production expected by October 2026 [3] - Once fully operational, the project is projected to generate an annual output value exceeding 4 billion yuan, potentially surpassing 6 billion yuan when integrated with renewable energy [3] Group 2: Economic and Employment Impact - The project will provide stable gas supply for 15.96 million residents across five cities in Liaoning Province, significantly enhancing the natural gas supply capacity in Northeast China [3] - It is expected to create over 2,000 direct jobs upon completion of the first phase [3] Group 3: Technological and Environmental Aspects - The project utilizes self-developed technologies such as crushed coal pressurized gasification and high-efficiency methanation catalysts, achieving over 98% localization of equipment [4] - It aims to convert low-quality coal, which has high carbon emissions and is difficult to utilize directly, into clean and low-carbon natural gas [4] - The project is positioned to leverage the advantages of coal-to-gas technology and promote innovative cooperation between central and local governments, potentially leading to a new development path that integrates coal-to-gas with renewable energy [4]

Core Viewpoint - The resumption of the China Datang Group's coal-to-natural gas project in Fuxin, Liaoning, marks a significant investment and development in the region, aimed at enhancing energy security and supporting economic transformation in resource-depleted cities [1] Group 1: Project Overview - The project involves a total investment of 22 tons of heat exchanger equipment and is planned to produce 4 billion cubic meters of natural gas annually [1] - It is the largest single investment project in Fuxin's history and the only coal-to-natural gas demonstration project in Northeast China [1] Group 2: Production and Economic Impact - The project is divided into three phases, with the first phase expected to be operational by 2026, producing 1.33 billion cubic meters of natural gas annually and various high-value-added chemical products [1] - The produced natural gas will supply cities including Shenyang, Fushun, Benxi, Fuxin, and Tieling, enhancing the stability of clean energy supply in these areas [1] Group 3: Collaboration and Goals - This project is a major collaboration between the central and local governments, with a dedicated team established by Liaoning Province and China Datang to address coal supply, technology, and market constraints [1] - The project aims to significantly improve clean energy supply capabilities in Northeast China, supporting the achievement of "dual carbon" goals and revitalizing the old industrial base in the region [1]

证券代码：601991 证券简称：大唐发电 公告编号：2025-050 2025 年 5 月 23 日，公司收到中国银行间市场交易商协会的《接受注册通知 书》（中市协注〔2025〕TDFI20 号），接受公司债务融资工具注册，注册额度 自通知书落款之日起 2 年内有效。 公司已于 2025 年 10 月 14 日完成了"大唐国际发电股份有限公司 2025 年度 第四期超短期融资券"（"本期超短期融资券"）的发行。本期超短期融资券的 发行额为人民币 20 亿元，期限为 90 天，单位面值为人民币 100 元，票面利率为 1.59%。 本期超短期融资券由招商银行股份有限公司作为主承销商及簿记管理人，募 集资金全部用于偿还有息债务及补充营运资金。 特此公告。 大唐国际发电股份有限公司 2025 年 10 月 15 日 共 1页 第 1页 大唐国际发电股份有限公司 关于超短期融资券发行的公告 特别提示 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 大唐国际发电股份有限公司("公司")于 2024 年 12 月 31 日召开的 ...

Core Viewpoint - Datang Power Generation Co., Ltd. has successfully issued its fourth phase of ultra-short-term financing bonds for 2025, raising a total of RMB 2 billion to manage its debt and operational funding needs [1] Group 1 - The total issuance amount of the ultra-short-term financing bonds is RMB 2 billion [1] - The bonds have a maturity period of 90 days and a face value of RMB 100 each [1] - The coupon rate for this issuance is set at 1.59% [1] Group 2 - China Merchants Bank acted as the lead underwriter and book manager for this bond issuance [1] - The funds raised will be used entirely for repaying interest-bearing debts and supplementing working capital [1]

Core Viewpoint - Datang Power Generation has successfully issued its fourth phase of ultra-short-term financing bonds for 2025, raising a total of 2 billion RMB with a maturity of 90 days and an interest rate of 1.59% [1] Summary by Sections - **Bond Issuance Details** - The total amount raised from the bond issuance is 2 billion RMB [1] - The bonds have a maturity period of 90 days [1] - The face value of each bond is set at 100 RMB [1] - The coupon rate for the bonds is 1.59% [1] - **Use of Proceeds** - The funds raised from this bond issuance will be used entirely for repaying interest-bearing debts and supplementing working capital [1] - **Underwriting Information** - China Merchants Bank acted as the lead underwriter and book manager for this bond issuance [1]

Core Viewpoint - Datang International Power Generation Co., Ltd. has successfully issued its fourth phase of ultra-short-term financing bonds for the year 2025, raising a total of RMB 2 billion to manage its financial obligations and operational needs [1] Group 1: Financing Details - The total issuance amount of the ultra-short-term financing bonds is RMB 2 billion [1] - The bonds have a maturity period of 90 days and a face value of RMB 100 each [1] - The coupon rate for this issuance is set at 1.59% [1] Group 2: Underwriting and Use of Proceeds - China Merchants Bank Co., Ltd. acted as the lead underwriter and bookrunner for this bond issuance [1] - The funds raised will be used entirely for repaying interest-bearing debts and supplementing working capital [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公 告全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何 責任。 於本公告日，本公司董事為： 00991 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲 載 列 大 唐 國 際 發 電 股 份 有 限 公 司（「 本公司 」）在 上 海 證 券 交 易 所 網 站 ( http://www.sse.com.cn )刊登的《大唐國際發電股份有限公司關於超短期融資券發 行的公告》，僅供參閱。 承董事會命 孫延文 聯席公司秘書 中國，北京，2025 年 1 0 月 1 5 日 大唐国际发电股份有限公司("公司")于 2024 年 12 月 31 日召开的 2024 年 第三次临时股东大会通过决议，同意公司 2025 年开展境内外权益融资及债务融 资合计不超过人民币 800 亿元。 2025 年 5 月 23 日，公司收到中国银行间市场交易商协会的《接受注册通知 书》（中市协注〔2025〕TDFI20 号），接受公司债务融资工具 ...