Sinolong plans to issue convertible bonds to raise no more than 1.068 billion yuan
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According to the Zhitong Finance APP, Sinolong announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 1.068 billion yuan (including principal). After deducting issuance costs, the raised funds will be used for: the industrialization project of high-performance membrane materials in Indonesia (Phase I), the industrialization project of high-performance membrane materials in Indonesia (Phase II), and to supplement working capital
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