Group 1 - The company has been approved to register and issue debt financing instruments not exceeding 5 billion yuan, with a registration period of 2 years [1] - Recently, the company completed the issuance of the first phase of medium-term notes for 2026, with a scale of 1.5 billion yuan, and the funds are expected to be received on January 22, 2026 [1] - The notes are referred to as "26佛燃能源MTN001," with a term of 3+N years and a coupon rate of 2.14%, underwritten by Industrial Bank and co-underwritten by China Merchants Bank [1]