Shunbo Alloy approved to issue convertible bonds of RMB830 million
2022-07-21 16:19:48 [Print]
Chongqing Shunbo Aluminum Alloy Co
. , Ltd . (Shunbo Alloy) announced recently that its application for public issuance of convertible bonds of RMB830 million (USD122 . 77 million) was approved by China Securities Regulatory Commission . The company will use the raised funds in the building and operation of its secondary aluminum resource comprehensive usage project (phase one project of 400,000tpy) in Maanshan, Anhui and the supplement of working capitals.