Summary by Futu AI
Datang Renew has completed the issuance of the second ultra-short-term financing bonds for the year 2024 on July 19, 2024, with a total amount of CNY 0.5 billion and a maturity of 120 days. The payment date is scheduled for November 19 of the same year. The face value of the bond is CNY 100, with an annual interest rate of 1.72%, and interest will be calculated from July 22. Industrial Bank serves as the lead underwriter and bookkeeper, and Beijing Rural Commercial Bank is the joint lead underwriter. This issue of financing bonds is publicly issued through the centralized bookkeeping and centralized distribution method in the inter-bank bond market in China, and the proceeds will be used to repay the company’s borrowings and improve the financing structure. The relevant documents have been published on the Shanghai Clearing House website, and this issuance does not constitute any transactions under Chapter 14 and Chapter 14A of the Listing Rules.