Xinhua Co., Ltd. (603867.SH) plans to issue convertible bonds to raise no more than 900 million yuan

Zhitong Finance App News, Xinhua Co., Ltd. (603867.SH) announced that it plans to issue convertible corporate bonds to unspecified targets, with a total capital of no more than 900 million yuan (including the number of shares). After deducting issuance fees, it plans to invest in: expanding 50,000 tons of isopropyl alcohol, 3,500 tons of isopropyl ether, 200 tons of propane technical improvement projects, new material relocation and upgrading projects with an annual output of 10,000 tons of special amine - Zhejiang Xinhua R&D center construction project, Ningxia Xinhua Chemical Co., Ltd. hydroformylation project and synthetic fragrance product base project ( (Term 2, Term 3).