Hong Kong China Smart Energy (01083.HK) announced that its direct subsidiary company, Hong Kong China Finance (Finance) Co., Ltd. has applied to the China Bank of China Market Dealers Association, with a total fund of not more than 15 billion yuan and will not be implemented in multiple batches at a time, the construction and development bank will be carried out within the period of the deadline from the date of receiving the notice of acceptance of the association.
The company has provided conditional and irrevocable insurance for all payments due under the bear coupon to the holder of the bear coupon during the term of validity.