Zhitong Finance App News, Shanghai Electric (02727) issued an announcement. The company received a notice from the controlling shareholder Electric Holdings on March 27, 2024. Shanghai Electric Holding Group Co., Ltd. completed the issuance of non-public exchangeable corporate bonds to professional investors in 2024 (Phase 1) on March 27, 2024. The current exchangeable bond is called “24 Electric EB” for short. The bond code is “137185,” the actual issuance scale is RMB 5 billion, the bond period is 3 years, and the coupon interest rate is 0.01%. The exchange period for current exchangeable bonds starts on the first trading day six months after the end of issuance to the maturity date of the current exchangeable bonds (in the case of a statutory holiday or day off, it is postponed to the first business day after that).