300881SZSE

Announcement on the Issuance of Convertible Corporate Bonds to Unspecified Objects

Shengde Xintai Co., Ltd.·May 27, 2026·27 pages

✨ AI Summary

Shengde Xintai New Materials Co., Ltd. plans to issue convertible corporate bonds totaling RMB 405.0968 million, with a face value of RMB 100 each. The subscription date is set for June 1, 2026, with priority allocation to existing shareholders. If the total subscriptions do not reach 70% of the issuance, the company may suspend the issuance. The bonds will be unsecured and have a term of six years.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Basic Information on the Issuance

Type of Securities

The type of securities being issued is convertible corporate bonds that can be converted into ordinary shares (A shares) of the company.

Scale and Quantity of Issuance

The total amount of the convertible bonds to be issued is RMB 405.0968 million, with a total of 4,050,968 bonds.

Face Value and Issuance Price

Each bond has a face value of RMB 100 and will be issued at face value.

Bond Term

The term of the convertible bonds is six years from the date of issuance, specifically from June 1, 2026, to May 31, 2032.

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.