CSSC Power plans convertible bond issue and asset purchase
China Shipbuilding Industry Group Power (SSE:600482) is proceeding with plans to issue convertible corporate bonds and pay cash to purchase assets, detailed in a newly released related-party transaction report draft. The move is designed to facilitate business development by acquiring assets from China Shipbuilding Industry Group. The company aims to issue CNY 100-par convertible bonds to China Shipbuilding Industry Group. The total amount of funds expected to be raised from investors is CNY 200,000,000.
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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