Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.
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Yankuang Energy Group Company Limited successfully issued its fourth tranche of medium-term notes for 2024, raising RMB 2 billion. The notes, which have a term of over two years and an interest rate of 2.06%, were fully subscribed and are valued at RMB 100 per unit. This issuance highlights the company’s robust financing capabilities and its strategic financial planning in the energy sector.
For further insights into HK:1171 stock, check out TipRanks’ Stock Analysis page.
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