FilingReader Intelligence

Boway Alloy reallocates funds after project completion

July 10, 2025 at 08:02 AM UTC•By FilingReader AI

Ningbo Boway Alloy Material announces the completion of its "20,000-ton Special Alloy Electronic Material Wire Expansion Project," which was part of its 2023 convertible bond fundraising efforts. To enhance capital efficiency, the company plans to reallocate CNY 105.1933 million in surplus funds from this project to its "30,000-ton Special Alloy Electronic Material Strip Expansion Project".

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

Primary Source Document

Announcement of Boway Alloy on the completion of some fundraising projects and the use of the remaining raised funds for other fundraising projectsJuly 10, 2025 at 08:00 AM UTC

Supplementary Source Documents

Guosen Securities Co., Ltd.'s review opinion on the completion of some of Ningbo Bowei Alloy Materials Co., Ltd.'s fundraising projects and the use of the remaining raised funds for other fundraising projectsJuly 10, 2025 at 08:00 AM UTC

Ningbo Boway Alloy Material

SSE:601137•Shanghai Stock Exchange

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