Long-term electrical proposed 200 million short bond or 400 million corporate debt

Long Electric (600112) March 8 Evening Notice, the Company intends to apply for registration with the Association of Chinese market dealers, the issue of a total amount of not more than 200 million yuan short-term financing coupons, can be issued in stages.　　Raise funds for the company's production and business activities, including to replenish liquidity and repay some of the higher cost of bank loans to improve the company's balance sheet structure, reduce capital costs, enhance operational capacity.　　The company also announced that the company intends to publicly issue not more than 400 million yuan corporate bonds, the issue of corporate bonds for no more than 3 years (including 3 years), can be a single term variety, can also be a variety of different periods of mixed varieties.　　The company's board of directors will bring to the shareholders ' meeting the authority of the Board to choose the short-term financing voucher or the financing method of the company's debt according to the company's development Strategic plan and fund use plan, the company announced. Responsible Editor: NF054