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Baoji Titanium plans convertible bond offering to boost capacity

March 31, 2025 at 05:34 PM UTCBy FilingReader AI

Baoji Titanium Industry (SSE:600456) announced plans for a major expansion, seeking shareholder approval for a CNY 3.5 billion convertible bond offering. The proceeds are earmarked for strategic projects, including a titanium resource recycling initiative (CNY 1.18 billion), an aerospace-grade intelligent forging line (CNY 1.12 billion), a near-net-shape production line (CNY 225 million), and for general working capital (CNY 973 million).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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