FilingReader Intelligence
Xiamen Kingdomway raises RMB 1.3bn through convertible bonds
August 20, 2025 at 01:49 PM UTC•By FilingReader AI
Xiamen Kingdomway Group raised RMB 1.29 billion through convertible bonds, with existing shareholders taking 83.49% of the issuance worth RMB 1.08 billion.
The controlling shareholder Xiamen Kingdomway Investment secured RMB 449 million of the bonds. Only RMB 213 million was offered to public investors online, which saw heavy oversubscription with an online subscription rate of 0.0024%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:002626•Shenzhen Stock Exchange
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