Jiangnan Water announced that the company plans to use the issuance of corporate bonds to raise capital by 100 million yuan to its wholly-owned subsidiary Hengtong Drainage Company and 30 million yuan to Runze Investment Company, for a total of 130 million yuan. The bill was reviewed and passed by the board of directors on October 27, 2026, and the implementation of the transaction still requires approval and other relevant procedures.

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.