CHINA LONGYUAN POWER GROUP CORPORATION LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
The announcement is made by China Longyuan Power Group Corporation Limited* (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the provisions of inside information under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
References are made to (i) the circular and the notice of the extraordinary general meeting of the Company dated 26 August 2013 in relation to, inter alia, the issuance of corporate bonds; (ii) the announcement of the Company dated 10 October 2013 on the voting results of the extraordinary general meeting of the Company relating to the approval of the issuance of corporate bonds by the shareholders of the Company.
The Company completed the issuance of corporate bonds (first tranche) for the year of 2016 (the "Corporate Bonds") on 22 January 2016. The aggregate issuance amount of the Corporate Bonds amounts to RMB3.7 billion with a term of five years. The par value of each unit of the instruments was RMB100 and the interest rate upon issuance was 3.28%. The interest was accrued from 22 January 2016.
CITIC Securities Company Limited, UBS Securities Company Limited and Huatai United Securities Company Limited were the joint lead underwriters for the public offering of the Corporate Bonds. The proceeds raised from the Corporate Bonds will mainly be used for replenishment of working capital.
This announcement does not constitute, or form part of, an offer or invitation, or solicitation or inducement of an offer, to subscribe for or purchase any of the Corporate Bonds or other securities of the Company, nor is this announcement circulated to invite offers for any securities of the Company.
By Order of the Board
China Longyuan Power Group Corporation Limited* Li EnyiExecutive Director and President
Beijing, the PRC, 25 January 2016
As at the date of this announcement, the non-executive directors of the Company are Mr. Qiao Baoping, Mr. Wang Baole, Mr. Shao Guoyong and Mr. Chen Jingdong; the executive directors are Mr. Li Enyi and Mr. Huang Qun; and the independent non- executive directors are Mr. Zhang Songyi, Mr. Meng Yan and Mr. Han Dechang.
* For identification purposes only
China Longyuan Power Group Corporation Ltd. issued this content on 25 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2016 10:58:16 UTC
Original Document: http://www.clypg.com.cn/en/upload/Attach/mrbj/3176758116.pdf
