KDL to issue convertible bonds to raise no more than RMB1.6 billion
2021-10-27 15:41:42 [Print]
KDL disclosed its plan on issuing convertible bounds
. The company plans to raise no more than RMB1 . 6 billion (USD250 . 56 million) through this issuance and all the net funds, after deducting issuance fees, will be used in a new energy power battery precision structural parts project and a new energy vehicle lithium battery precision structural part project (phase two) and will also be used to supplement working capitals.