Black Peony announced that its wholly owned offshore subsidiary, Black Peony Hong Kong Holdings Limited, completed a 540 million yuan offshore bond issuance on August 5, 2026, with a three-year tenor and a 2.8% coupon. The bonds were issued at par, and the proceeds were received on August 12. The funds will be used to repay part of the principal of 126 million US dollars in offshore bonds maturing in September 2026, for which the company has provided an unconditional and irrevocable cross-border joint liability guarantee. In the first quarter of 2026, Black Peony reported revenue of 452 million yuan and net profit attributable to the parent of 56 million yuan.
Black Peony Group Co LtdCompleted 540M yuan offshore bond issuance at 2.8% coupon to refinance debt, improving liquidity and reducing interest burden.
