Summary by Futu AI
ENN Energy Holdings Limited ("the Company") further repurchased $45 million of 2.625% Green Preferred Notes in the public market from June 3 to 20, 2024, accounting for approximately 6% of the original principal amount. The notes will be cancelled, resulting in the remaining principal amount of unredeemed notes reduced to US$505 million, approximately 67.33% of the original principal amount. The Company may continue to repurchase more notes in the future, but there is no definite commitment. Noteholders and potential investors should note that the Company has full discretionary power over the repurchase of notes and should act with caution. This repurchase action was announced by the Chairman of the Company, Wang Yusuo, on June 20, 2024.