AXNMC(SH:600255) Zheng Quan Zhi Xing·2025-07-07 08:12Core Viewpoint - Anhui Xinke New Materials Co., Ltd. is proposing a non-public issuance of corporate bonds not exceeding RMB 500 million to optimize its financing structure and meet business development needs [2][5][6] Group 1: Bond Issuance Proposal - The company plans to issue corporate bonds with a maximum scale of RMB 500 million, subject to shareholder approval [2][3] - The bonds will have a face value of RMB 100 and will be issued at par [3] - The issuance will be conducted through a non-public offering to professional investors, with the specific issuance method to be determined based on market conditions [3][5] Group 2: Bond Terms and Conditions - The bonds will have a maturity of up to 5 years, with the possibility of single or multiple maturities [3] - The bonds will be fixed-rate, with interest calculated annually and no compounding [3] - The specific interest rate and payment method will be determined prior to issuance based on market conditions [3][5] Group 3: Fund Utilization and Management - Proceeds from the bond issuance will be used to repay interest-bearing debts and supplement working capital, in compliance with relevant laws [5] - The company will seek to have the bonds listed on the Shanghai Stock Exchange, subject to meeting listing conditions [5] - The resolution for the bond issuance will remain valid for 24 months from the date of shareholder approval [5] Group 4: Authorization and Governance - The company is seeking authorization from shareholders for the board of directors to handle all matters related to the bond issuance, including determining specific terms and conditions [5][6] - The board will be empowered to make adjustments to the issuance plan as necessary, in accordance with regulatory requirements [5][6]