Shunbo Alloy to raise up to 750 million yuan by issuing convertible bond
2021-07-23 11:31:39
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Shunbo Alloy announced that it plans to raise up to 750 million yuan (116 million US dollars) by issuing convertible bond.Asian Metal CopyrightShunbo Alloy announced that it plans to raise up to 750 million yuan 116 million US dollars by issuing convertible bond.Asian Metal Copyright The net proceeds after deducting the issuing costs will be used to advance the construction and operation of the phase one 400,000tpy secondary aluminum alloy project, part of the comprehensive secondary aluminum resource utilization project owned by Shunbo Alloy Anhui Co.Asian Metal Copyright The net proceeds after deducting the issuing costs will be used to advance the construction and operation of the phase one 400,000tpy secondary aluminum alloy project, part of the comprehensive secondary aluminum resource utilization project owned by Shunbo Alloy Anhui Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, as well as to supplement working capital.
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Aluminum Alloy A356.2 EXW China
Unit:RMB/mt
China secondary aluminum alloy producers' output statistics by province by month
Unit: mt