Jiangxi Copper Seeks Shareholder Approval for Up to RMB25 Billion in Debt Financing

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2026.02.23 12:38
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Jiangxi Copper Company has announced an extraordinary general meeting on March 16, 2026, to seek shareholder approval for a debt financing program of up to RMB25 billion. This includes RMB15 billion in medium-term notes and RMB10 billion in super-short-term financing bills, aimed at enhancing financing flexibility. The board seeks authorization to structure and execute these debt instruments, allowing for quick responses to market conditions. The current analyst rating for Jiangxi Copper (HK:0358) is a Hold with a price target of HK$47.00.