On September 22, POWERCHINA Haitou successfully issued 300 million US dollars overseas senior perpetual bonds, and achieved excellent results with the lowest issuance price of US dollar perpetual bonds.

This bond was listed on the Hong Kong Stock Exchange by the company's affiliated Power Construction Haiyu Company as the issuer. This is the fifth time the company has issued bonds overseas.

Under the unfavorable background of the impact of the new crown pneumonia epidemic this year and continued turbulence in the external financial environment, the company made a decisive decision to immediately select a favorable issuance window after obtaining approval from the relevant ministries and commissions, and withstand the global financial market turmoil the day before the issuance. The sharp decline in the stock market led to the pressure of a number of bond issuances that were not well or even postponed, and once again demonstrated to investors the corporate strategy, development prospects and brand value of China Power Construction, which attracted Singapore sovereign funds and JP Morgan Asset Management (Europe) A large number of high-quality international investors have obtained very ideal oversubscription multiples in the recent weak investment market, and achieved a successful issuance, while creating a record low in the issuance price of US-based perpetual bonds of the Power Construction Hai Investment Company.

The complete success of this bond issuance is another brilliant appearance of Power Construction Group in the international capital market, and it is also a powerful manifestation of Power Construction Haitou’s success in building "four platforms" and building "six capabilities." The company will continue to advance towards the goal of building a professional investment company with international competitiveness. Editor/Sang Xiaomei