CGN Power has announced the successful completion of its 2026 third and fourth tranche ultra-short-term financing note issuances on March 17, 2026. The third tranche, with a total issuance value of RMB 1 billion, carries a term of 268 days. Each note has a face value of RMB 100 and an issuance interest rate of 1.50%. The value date is set for March 18, 2026, with the maturity date falling on December 11, 2026. China Merchants Bank acted as the bookrunner and organized the underwriting syndicate for the third tranche, which was publicly issued in China's interbank bond market using a book-building and centralized allotment method.

The fourth tranche also has a total issuance value of RMB 1 billion and a term of 268 days. Each note carries a face value of RMB 100 and an issuance interest rate of 1.50%. The value date is March 18, 2026, and the maturity date is December 11, 2026. China CITIC Bank served as the bookrunner and organized the underwriting syndicate for the fourth tranche. The issuance was conducted publicly in China's interbank bond market through a book-building and centralized allotment process.