On July 24, Baoshan Iron & Steel Co.,Ltd. responded to investor inquiries on its interactive platform, stating that the company selects financing methods based on the principle of "optimal comprehensive cost." Issuing bonds is one of the company's primary financing approaches.
According to the company, it flexibly chooses from various low-cost direct financing tools, including domestic and overseas corporate bonds, convertible bonds, medium-term notes, and (super) short-term commercial paper, based on liquidity arrangements and overall capital market conditions.
The company also indicated that, depending on future investment progress in energy conservation and environmental protection, as well as its financing needs, it will consider selecting optimal financing channels, including green bonds, when appropriate.
The above information was provided by the company on the investor interaction platform, based on publicly available details from the Shanghai Stock Exchange.
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