China Power International Development Co., Ltd. (“China Power”) announced that it has successfully issued RMB20 billion of corporate bonds within China on March 14, 2024 and is listed on the Shanghai Stock Exchange. The company's bond has a check rate of 2.67% per annum with a 3-year term and no guarantee. The issuance is part of a corporate bond program with a total of not more than RMB30 billion within two years, subject to the approval of the China Securities Regulatory Commission. The Company's bonds are issued publicly to professional investors by Guotai Jun'an Securities Co., Ltd., China Galaxy Securities Co., Ltd., and Zhongtai Securities Co., Ltd., as co-underwriters. Funds raised will be used to repay existing loans. China Power's main credit rating is AAA and the rating outlook is stable.

China Power International Development Co., Ltd. (“China Power”) announced that it has successfully issued RMB20 billion of corporate bonds within China on March 14, 2024 and is listed on the Shanghai Stock Exchange. The company's bond has a check rate of 2.67% per annum with a 3-year term and no guarantee. The issuance is part of a corporate bond program with a total of not more than RMB30 billion within two years, subject to the approval of the China Securities Regulatory Commission. The Company's bonds are issued publicly to professional investors by Guotai Jun'an Securities Co., Ltd., China Galaxy Securities Co., Ltd., and Zhongtai Securities Co., Ltd., as co-underwriters. Funds raised will be used to repay existing loans. China Power's main credit rating is AAA and the rating outlook is stable.