Jiangshan Co., Ltd. announced that the company issued convertible corporate bonds to unspecified targets, raising a total capital of 1,185 billion yuan. After deducting issuance fees, the actual net capital raised was 1,174 billion yuan on July 20, 2026. In order to standardize fund management, the company, the Nantong branch of Industrial Bank and the sponsor agency Shenwan Hongyuan Securities signed the “Tripartite Supervision Agreement” on the same day. This special account is only used for the storage and use of designated project funds, and cannot be used for other purposes. From the time the agreement is signed, it takes effect until the special account funds are disbursed and the sale account expires.

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