Summary by Moomoo AI
Anhui Conch Cement Co., Ltd. announced that its subsidiary Conch Environmental Group has been approved by the China Foreign Exchange Trade System for registration of its green debt financing instruments, with a registered amount of RMB 3 billion. The registration quota will be valid for 2 years starting from July 25, 2024. Conch Environmental Group plans to issue medium-term notes in installments during the validity period. The registration of this green debt financing tool has been approved by the company's board of directors and the shareholders' annual meeting in 2023. The company will choose the timing of issuance according to market conditions and demands, and promises to fulfill its information disclosure obligations in a timely manner.