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Yingliu Electromechanical plans convertible bond issue for expansion

May 28, 2025 at 05:14 PM UTCBy FilingReader AI

** Anhui Yingliu Electromechanical Co., Ltd. (SSE:603308) is planning to issue convertible corporate bonds to unspecified objects, seeking to raise a maximum of CNY 1,500 million. The funds will be strategically allocated, with CNY 550 million earmarked for the "Blade Housing Machining Coating Project" and CNY 500 million for the "Intelligent Upgrade Project for Advanced Nuclear Energy Materials and Key Components". The remaining CNY 450 million is designated to replenish working capital and repay bank loans.

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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