金堆城钼业股份有限公司关于拟公开发行可续期公司债券的公告

Core Viewpoint - The company, Jinduicheng Molybdenum Co., Ltd., plans to publicly issue perpetual corporate bonds to professional investors, aiming to expand financing channels and meet development funding needs. Group 1: Issuance Details - The total face value of the bonds to be issued will not exceed RMB 4 billion, with a one-time registration and phased issuance approach [2][35]. - The basic term of the bonds will be no more than 5 years, with the company having the right to extend the term at the end of each cycle [3][37]. - The bonds will be issued at par value of RMB 100 [4][39]. Group 2: Interest Rate and Payment - The bonds will adopt a fixed interest rate, calculated annually without compounding, with deferred interest accumulating at the current coupon rate during the deferral period [5][41]. - The interest rate for the basic term will be determined through negotiations between the company and the lead underwriter based on the results of the book-building process [5][42]. - Interest payments will be made annually unless the company opts for deferred interest payments [11][52]. Group 3: Use of Proceeds - The proceeds from the bond issuance, after deducting issuance costs, will be used for mineral asset acquisitions up to RMB 3 billion and fixed asset investment projects up to RMB 1 billion [8][46]. Group 4: Bond Features - The bonds will not have any credit enhancement measures [9][49]. - The company will have the option to defer interest payments unless a mandatory payment event occurs [13][56]. - The company will not have the right or obligation to redeem the bonds except under specific circumstances, such as changes in tax policies or accounting standards [15][60]. Group 5: Authorization and Governance - The company’s board of directors will be authorized to handle all matters related to the bond issuance, including adjustments to the issuance plan based on market conditions [21][72]. - The decision to issue the bonds requires approval from the company's shareholders and regulatory authorities [25][24]. Group 6: Impact on the Company - The issuance of perpetual corporate bonds is expected to help the company broaden its financing channels and enhance its funding capabilities, facilitating industrial upgrades and high-quality development [24][24].