CNE Issued Two Hundred Million Green Bonds Successfully

Concord New Energy Group Limited (CNE) successfully issued two hundred million green bonds in Hong Kong on 16th January 2018, which provides powerful support to the new energy business of CNE. In the course of bonds issuance, CNE carried on the Fitch Ratings, and earned S&P BB and Fitch BB-. On the day of building-up account, the final scale of account book was more than 13 hundred million dollars, and the over-subscription was more than six times.