FilingReader Intelligence
GRINM Advanced Materials converts 320m yuan debt to equity
July 29, 2025 at 09:50 AM UTC•By FilingReader AI
GRINM Advanced Materials will convert 320m yuan of state-allocated funds from loans into equity investment to reduce financial expenses and debt.
The company will issue 45.4m shares at 7.05 yuan each to controlling shareholder China GRINM as part of the debt-to-equity conversion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Argus New Material 2024 plan justification and analysis report (revised draft) for the issuance of A-shares to specific objectsJuly 29, 2025 at 08:00 AM UTC
Cem-Materials Co., Ltd. indicative announcement on the disclosure of the preliminary proposal (revised draft) for the 2024 non-public issuance of shares to specific objectsJuly 29, 2025 at 08:00 AM UTC
Announcement from Grinm Advanced Materials regarding the completion of the equity financing project for its wholly-owned subsidiary, Grinm Yijin.July 29, 2025 at 08:00 AM UTC
Youyan Xincai 2024 revised pre-plan for the non-public offering of A-shares to specific subscribersJuly 29, 2025 at 08:00 AM UTC
Feasibility analysis report on the use of proceeds from the 2024 private placement of A shares by GRINM Advanced Materials Co., Ltd. (revised draft)July 29, 2025 at 08:00 AM UTC
Announcement of resolutions from the fifteenth meeting of the ninth board of directors of Grinm Advanced Material Company LimitedJuly 29, 2025 at 08:00 AM UTC
Announcement on the explanation of the revisions to the 2024 plan for the issuance of A-shares to specific objects by GRINM Advanced MaterialsJuly 29, 2025 at 08:00 AM UTC
Written review opinion of the supervisory board of Grinm Advanced Materials Company Limited on matters related to the 2024 non-public issuance of A-shares to specific objects (revised draft)July 29, 2025 at 08:00 AM UTC
Announcement of resolutions from the eighth meeting of the ninth board of supervisors of GRINM Advanced Materials Company LimitedJuly 29, 2025 at 08:00 AM UTC
SSE:600206•Shanghai Stock Exchange
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