Shandong Gold announced that the board of directors of the company reviewed and passed a bill to issue corporate bonds. It plans to publicly issue general corporate bonds of no more than 10 billion yuan to professional investors, which will be issued in installments after being registered by the China Securities Regulatory Commission. The types of bonds include but are not limited to general corporate bonds, short-term corporate bonds, renewable corporate bonds, etc. The term is not more than 15 years. Relevant arrangements such as the use of funds raised are implemented in accordance with regulations. The specific issuance scale, term, etc. shall be determined by the board of directors or its authorized persons according to capital requirements and market conditions.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.