Lizhong Group to issue convertible bonds to raise up to 1.58 billion yuan
2022-08-02 15:32:03 [Print]
Lizhong Group announced on July 31 that it plans to issue convertible bonds to raise no more than 1.58 billion yuan (233 million US dollars). The proceeds will be used to build Shandong Lizhong new energy lithium battery new material project (phase I), Mexico Lizhong project with an annual production capacity of 3.6 million ultra-lightweight aluminum alloy wheels, heat-free, high thermal conductivity, high conductivity material R&D Center project and supplement working capital.
Lithium Iron Phosphate Li 3.9%min Delivered China
Unit:RMB/mt
China's ithium iron phosphate producers' operating rate statistics by province by month
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