HCD plans to issue convertible bonds to raise no more than 650 million yuan
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HCD plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 650 million RMB. The initial conversion price of the convertible bonds will not be lower than the average stock price of the 20 trading days prior to the announcement date and the average price of the previous trading day. The raised funds will be used for power battery and energy storage battery system projects and to supplement working capital
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