Bethel Auto completes convertible bond issuance

Bethel Auto Safety Systems has announced the successful completion of its issuance of convertible bonds, known as “Bethel 25 Bonds” (bond code: 113696), raising a total of CNY 280,200,000.00. Original shareholders purchased 2,064,834 hands of bonds. Online retail investors subscribed to 725,016 hands, with 12,150 hands remaining unsubscribed, to be taken up by underwriters. China International Capital Corporation and Guotai Haitong Securities acted as lead underwriters for the offering. The underwriters will purchase the unsubscribed bonds and deposit them into designated securities accounts.