振华股份拟发不超8.78亿可转债 2024年可转债募4.06亿

Core Viewpoint - Zhenhua Co., Ltd. (振华股份) has announced a plan to issue convertible bonds to unspecified investors, aiming to raise up to RMB 87.8 million for various projects and working capital [1] Group 1: Convertible Bond Issuance - The company plans to issue convertible bonds convertible into A-shares, with a total fundraising amount not exceeding RMB 87.8 million [1] - Each bond will have a face value of RMB 100 and will be issued at face value [2] - The bonds will have a term of six years from the date of issuance [2] Group 2: Use of Proceeds - The raised funds will be allocated to projects including a 5,000 tons/year Vitamin K3 and 74,000 tons/year chromium green project, a 500,000 tons/year sulfur and 50,000 tons/year chromium powder project, as well as for working capital and repayment of bank loans [1] Group 3: Bond Features - The bonds will pay interest annually and will return the principal and final year's interest at maturity [3] - The conversion period for the bonds will start six months after issuance and last until the maturity date [3] - The bonds will be available to various investors, including individuals and institutions, excluding those prohibited by law [3]

zhenhua chemical-振华股份拟发不超8.78亿可转债 2024年可转债募4.06亿 - Reportify