Shang Hai Zheng Quan Bao·2026-01-27 20:10Core Viewpoint - Longyuan Power Group Co., Ltd. has successfully completed the issuance of the 2026 third and fourth phases of ultra-short-term financing bonds, aimed at supplementing working capital and repaying interest-bearing debts of the issuer and its subsidiaries [1][4]. Group 1: Financing Authorization - The company received authorization from its shareholders during the 2024 annual general meeting held on June 17, 2025, to apply for and issue debt financing instruments with a total new scale not exceeding RMB 500 billion (including 500 billion) [1][4]. - The company is also authorized to register debt financing instruments with the China Interbank Market Dealers Association, with a total new scale not exceeding RMB 800 billion (including 800 billion) [1][4]. Group 2: Issuance Details - The company issued the 2026 third phase ultra-short-term financing bonds on January 26, 2026, with the raised funds designated for daily working capital and repayment of interest-bearing debts [2][5]. - The company also completed the issuance of the 2026 fourth phase ultra-short-term financing bonds on January 26, 2026, with similar funding purposes [5][6].