Lopal to issue convertible bonds of no more than RMB2.1 billion
2022-08-30 15:38:34 [Print]
Lopal announced on August 29th that it will publicly issue convertible bonds to raise no more than RMB2
. 1 billion (USD303 . 60 million) and all the funds, after the deduction of issuance fees, will be used to develop its large-scale production project of new energy vehicle power and energy-storage cathode materials as well as ferric phosphate project and the supporting project, supplement working capitals and repay bank loans.