FilingReader Intelligence

Putailai plans debt financing, stock option adjustments

June 13, 2025 at 05:13 PM UTCBy FilingReader AI

Shanghai Putailai New Energy Technology (SSE:603659) announced plans to register and issue debt financing instruments not exceeding CNY 2 billion, according to a recent filing. The company intends to use the funds to repay interest-bearing debt and supplement working capital. This decision, made during the fourth meeting of the fourth board of directors on June 13, 2025, is subject to shareholder approval at the third extraordinary general meeting of 2025.

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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