Zhitong Finance App News, Shuifa Energy (00750) issued an announcement. In order to broaden direct financing channels, optimize debt periods, types and structures, and improve capital allocation efficiency, the company plans to apply to the China Interbank Market Dealers Association (NAFMII) for registration to issue targeted debt financing instruments (debt financing instruments). The issuance scale will not exceed RMB 1 billion and a period of no more than five years.

The Company plans to use the proceeds from the proposed issuance of debt financing instruments to refinance or repay the Company's existing interest-bearing debts.

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