YYTM plans to issue corporate bonds not exceeding 4 billion yuan
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According to the Zhitong Finance APP, YYTM announced that in order to meet the company's funding needs for adjusting its debt structure, repaying due debts, and supplementing working capital, the company plans to issue corporate bonds not exceeding RMB 4 billion (including RMB 4 billion). The use of raised funds includes but is not limited to repaying the company's due debts and supplementing working capital
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