AXNMC(SH:600255) Shang Hai Zheng Quan Bao·2025-06-27 21:19Core Viewpoint - Anhui Xinke New Materials Co., Ltd. has convened its 31st meeting of the 9th Board of Directors to discuss and approve the proposal for a non-public issuance of corporate bonds, aiming to optimize its financing structure and meet business development needs [1][2][3]. Group 1: Board Meeting Decisions - The Board of Directors unanimously approved the proposal regarding the company's eligibility for non-public issuance of corporate bonds [2][4]. - The proposal for the non-public issuance of corporate bonds was also approved, with a planned issuance scale of up to RMB 500 million [5][6]. Group 2: Bond Issuance Details - The corporate bonds will have a face value of RMB 100 and will be issued at par [7]. - The issuance will be conducted through a non-public offering, subject to approval from the Shanghai Stock Exchange [8]. - The bonds will have a maximum term of 5 years and may consist of various maturities [9]. - The bonds will be fixed-rate, with interest calculated annually [11]. - The target investors for the bonds are professional investors as defined by relevant regulations [12]. Group 3: Fund Utilization and Management - Proceeds from the bond issuance will be used to repay interest-bearing debts and supplement working capital [14]. - The underwriting will be conducted through a balance underwriting method, and the company will seek to list the bonds on the Shanghai Stock Exchange [15]. Group 4: Shareholder Meeting - A second extraordinary general meeting of shareholders is scheduled for July 14, 2025, to further discuss the bond issuance [21][24]. - The meeting will utilize a combination of on-site and online voting methods [25][27].