Summary by Futu AI
Daitang New Energy (01798.HK) completed principal settlement work on April 6, 2024 on April 6, 2021. The total amount of the company's bonds is RMB20 billion at an interest rate of 3.84%, and at the end of the three-year billing cycle, the company chose not to exercise the renewal option, but to redeem in full. This payment includes interest and principal for the last year from 6 April 2023 to 5 April 2024. Daitang New Energy has signed a proxy bond settlement and settlement agreement with the Shanghai branch of China Securities to ensure that investors are able to receive the corresponding bond principal and interest at the clearing house. The relevant matters relating to the settlement work were announced on 2 April 2024 by the Company's Joint Secretary Zou Min.