Shang Hai Zheng Quan Bao·2026-02-05 18:48Core Viewpoint - Zhonglian Heavy Industry Co., Ltd. has successfully issued RMB 6 billion of H-share convertible bonds maturing in 2031, with net proceeds of approximately RMB 5.942 billion after expenses [1][3]. Group 1: Bond Issuance Details - The company has completed the issuance of RMB 6 billion convertible bonds on February 5, 2026, with the net proceeds expected to be around RMB 5.942 billion (approximately HKD 6.68 billion) after deducting fees and expenses [1]. - The bonds will be used according to the disclosed purposes, and the company has obtained approval for the convertible shares to be listed and traded on the Hong Kong Stock Exchange, effective February 6, 2026 [1][3]. Group 2: Listing Information - The company has applied for the listing and trading of the RMB 6 billion convertible bonds on the Hong Kong Stock Exchange, which will be exclusively offered to professional investors [3]. - The approval for the bonds to be listed and traded will take effect on February 6, 2026 [3].