On April 2, CECEP Solar successfully issued a green technology innovation corporate bond (bond abbreviation: 26 Solar GK01). The coupon rate for this issuance was as low as 1.84%, setting a new historical low for the issuer’s corporate bonds. The issuance size reached 1 billion yuan, with an oversubscription ratio of 5.5 times, reflecting strong market demand. The bond carries a credit rating of AA+, a maturity structure of 3+2 years, and a flexible design that balances the interests of both the issuer and investors. This issuance fully demonstrates the capital market’s strong recognition of the company’s green development and technological innovation capabilities.
The proceeds will be precisely directed toward the company’s core photovoltaic business and technological innovation, supporting its efforts to expand capacity, cultivate new growth drivers, optimize existing assets, enhance quality and maintain overall scale, thereby injecting strong financial momentum into achieving growth across all five dimensions.
Taking this issuance as a new starting point, the company will further implement the Group’s Year of Tackling Tough Challenges initiative, leveraging low-cost financing to empower high-quality development. It will strive for a strong start to the 15th Five-Year Plan period and contribute actively to accelerating the development of a modern energy system and building China into a leading energy powerhouse.