Zhitong Finance App News, Angel Yeast (600298.SH) announced that the company plans to issue convertible corporate bonds, raising no more than 3.5 billion yuan (including the number of copies). After deducting issuance fees, the funds raised will be invested in: Yichang High-tech Zone Company Baiyang Biotechnology Park Project Phase II, Yichang Company Yeast Core Technology Research Project, Cocedara Angel Yeast Co., Ltd.'s green manufacturing project with an annual output of 20,000 tons of yeast products, and supplementary liquidity.

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