Core Viewpoint - Hualing Cable plans to issue convertible bonds to acquire a 35% stake in Anhui San Zhu Intelligent Technology Co., Ltd. from Wu Genhong and Jiang Yuan, pending regulatory approvals [2] Group 1 - The company announced the intention to issue convertible bonds for the acquisition [2] - The acquisition is part of a strategy to enhance its investment portfolio and expand its business operations [2] - The controlling shareholder, Hunan Steel Group Co., Ltd., has received preliminary approval from the Hunan State-owned Assets Supervision and Administration Commission for the transaction [2] Group 2 - The transaction is subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [2] - The company aims to raise additional funds through this bond issuance to support the acquisition [2]
华菱线缆:公司发行可转换公司债券购买资产并募集配套资金方案获湖南省国资委批复