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China Datang Corp. Renewable Power Issues 1.3 Billion Yuan Debentures
Datang Renew (01798.HK) has completed the issuance of 1.3 billion yuan in ultra-short-term financing bonds.
On December 5th, GeLongHui reported that Datang Renew (01798.HK) announced that the company completed the issuance of the third batch of ultra-short-term financing bonds for the year 2024 on December 3, 2024. The total amount of this issuance is 1.3 billion yuan, with a maturity period of 79 days (maturity date is February 21, 2025). The face value is 100 yuan, the interest rate is 1.87%, and interest starts accruing from December 4, 2024. The proceeds from this issuance will be used for the repayment of existing interest-bearing debts, supplemental working capital, and other legal and compliant purposes.
Datang Renewable to Redeem 2 Billion Yuan of 3.52% Bonds in January
Citic Securities: The construction of a new electrical utilities system promotes the sustainable development of the power grid. It is expected that the investment growth rate of the power grid in 2025 will maintain double-digit growth.
In 2025, electrical utilities construction will continue to focus on the long-term requirements of "dual carbon" transformation and the construction of new power systems, continuing the trend of balancing the main grid and the distribution side of electrical utilities.
China Securities Co., Ltd. Power Equipment New Energy Fund 25-year investment strategy: grasp three types of assets, energy storage dominates the whole year.
china securities co.,ltd. is most bullish on energy storage in the new energy fund sector of the power equipment sector.
China Logs 15% Rise in Installed Power Generation in January-October
China Datang Corporation Renewable Power's (HKG:1798) Earnings Growth Rate Lags the 13% CAGR Delivered to Shareholders
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