Shirong Zhaoye announced that it plans to issue convertible corporate bonds to specific targets to raise no more than 550 million yuan in capital, and the net amount after deducting issuance fees will be used for the Zhuhai Shirong Guan Garden project. The project has a total investment of 1.68 billion yuan, estimated sales of 2,394 billion yuan, net profit of 321 million yuan, and a net sales margin of 13.39%. The project site is located in Doumen District, Zhuhai. It has excellent transportation, education and commercial resources. Construction has already started, and some have obtained pre-sale licenses. Before the fund-raising is in place, the company will invest its own funds first and replace them after they are in place. This release will enhance the company's competitiveness and capital strength.

Shirong Zhaoye announced that it plans to issue convertible corporate bonds to specific targets to raise no more than 550 million yuan in capital, and the net amount after deducting issuance fees will be used for the Zhuhai Shirong Guan Garden project. The project has a total investment of 1.68 billion yuan, estimated sales of 2,394 billion yuan, net profit of 321 million yuan, and a net sales margin of 13.39%. The project site is located in Doumen District, Zhuhai. It has excellent transportation, education and commercial resources. Construction has already started, and some have obtained pre-sale licenses. Before the fund-raising is in place, the company will invest its own funds first and replace them after they are in place. This release will enhance the company's competitiveness and capital strength.