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    Zhenghai Magnetic Material to issue convertible bonds to raise no more than RMB1.4 billion

    2022-06-07 11:44:25   [Print]
    On June 6, Zhenghai Magnetic Material announced that it planned to issue convertible bonds to non-specific investors to raise no more than RMB1.Asian Metal Copyright4 billion USD0.Asian Metal Copyright4 billion (USD0.Asian Metal Copyright21 billion; upon deduction of issuing costs, the fund will be used in the company's electronics-purpose material manufacturing high-performance rare earth magnet research and production base project phase one and to supplement working capital.Asian Metal Copyright21 billion); upon deduction of issuing costs, the fund will be used in the company's electronics-purpose material manufacturing (high-performance rare earth magnet research and production base) project (phase one) and to supplement working capital.

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