Summary by Futu AI
Anhui Conch Cement Co., Ltd. announced that its subsidiary, Conch Environmental Group, has obtained the approval of the China Foreign Exchange Trade System for the registration of its green debt financing instruments, with a registration amount of RMB 3 billion. The registration quota will be valid for two years from July 25, 2024, and Conch Environmental Group plans to issue medium-term notes in installments during the validity period. The registration of this green debt financing instrument was approved by the board of directors of the company and approved at the 2023 annual shareholders' meeting. The company will choose the timing of issuance based on market conditions and demand, and promises to fulfill its disclosure obligations in a timely manner.