Yingliu Electromechanical to Issue 1.50 Billion Yuan Convertible Bonds
I'm PortAI, I can summarize articles.
(MT Newswires) -- Anhui Yingliu Electromechanical (SHA:603308) plans to issue convertible corporate bonds of 1.50 billion yuan, according to a Shanghai bourse disclosure on Wednesday. The Chinese equipment manufacturer's shares slipped over 1% at the close of Thursday's trade. Proceeds from the issuance will be used to fund the company's blade and casing machining & coating project and the upgrading of the advanced nuclear energy materials and key components intelligent plant, as well as paying debts and supplementing the company's working capital.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments