Tinci Material terminates issuance of convertible bonds

According to the announcement of Tinci Material on March 13, the company originally planned to issue convertible bonds of no more than RMB 1.Asian Metal CopyrightAccording to the announcement of Tinci Material on March 13, the company originally planned to issue convertible bonds of no more than RMB 1.Asian Metal Copyright14 billion (USD0.Asian Metal Copyright16 billion.Asian Metal Copyright16 billion).Asian Metal Copyright For the projects of 40,000tpy of sulfur to sulfuric acid and 200,000tpy of high cobalt nickel hydroxide phase I, section a, the company will continue to raise funds for construction with its own funds and other financing methods.Asian Metal Copyright In view of the changes in the market environment, its performance expectations and the overall arrangement of the projects, the company decided to terminate the issuance of convertible bonds.Asian Metal Copyright .Asian Metal Copyright For the projects of 40,000tpy of sulfur to sulfuric acid and 200,000tpy of high cobalt nickel hydroxide (phase I, section a), the company will continue to raise funds for construction with its own funds and other financing methods.

.Asian Metal CopyrightAccording to the announcement of Tinci Material on March 13, the company originally planned to issue convertible bonds of no more than RMB 1Asian Metal Copyright