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Xinjiang Communications Construction (002941.SZ) plans to issue convertible bonds to raise no more than 1.5 billion yuan
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Zhitong Finance App News, Xinjiang Jiaotong Construction (002941.SZ) announced that the company plans to issue convertible corporate bonds to unspecified targets. The total capital raised will not exceed 1.5 billion yuan (including capital). After deducting the issuance fee, the total amount raised will be used for: the DRTJ-04 section of the G571 line Labeiquan to Bashkurgan highway construction project (general construction contract), and the GTBTZ-17 section (general construction contract) of the S12 line Gaochang (Turpan) - Toxon-Baluntai Highway Construction Project.

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