Huiyun Titanium to issue convertible bonds to raise funds not exceeding RMB490 million

Huiyun Titanium announced on the evening of June 8 that the company formulated a plan for the issuance of convertible corporate bonds to unspecified objects.Asian Metal Copyright23 million for the construction of an integrated intelligent storage center; RMB45 million USD7.Asian Metal Copyright The total issuance of convertible bonds does not exceed RMB490 million (USD76.Asian Metal CopyrightHuiyun Titanium announced on the evening of June 8 that the company formulated a plan for the issuance of convertible corporate bonds to unspecified objects.Asian Metal Copyright65 million, inclusive).

After deducting the issuance costs, the total funds raised from this issuance will be used in the following projects: RMB277 million (USD43.33 million) will be used for 50KT/year-to-80KT/year sulfuric acid rutile titanium dioxide preliminary product technical renovation project; RMB109 million (USD17.Asian Metal Copyright04 million for supplementary working capital.Asian Metal Copyright05 million) will be used for titanium gypsum resources technology transformation project; RMB59 million (USD9.Asian Metal Copyright05 million will be used for titanium gypsum resources technology transformation project; RMB59 million USD9.Asian Metal Copyright23 million) for the construction of an integrated intelligent storage center; RMB45 million (USD7.Asian Metal Copyright33 million will be used for 50KTyear-to-80KTyear sulfuric acid rutile titanium dioxide preliminary product technical renovation project; RMB109 million USD17.Asian Metal Copyright04 million) for supplementary working capital.
.Asian Metal Copyright23 million for the construction of an integrated intelligent storage center; RMB45 million USD7Asian Metal Copyright