Glory Exchange on December 5丨 datang renew (01798.HK) announced that the company completed the issuance of the third phase of ultra-short-term financing bonds for 2024 on December 3, 2024. The total amount of this issuance is 1.3 billion yuan, with a validity period of 79 days (maturity date is February 21, 2025). The face value is 100 yuan, the interest rate is 1.87%, and interest will accrue from December 4, 2024.

The proceeds from this issuance of financing bonds will be used for repaying existing interest-bearing debts, supplementing working capital, and other legal and compliant purposes.