Shengtak New Materials (300881.SZ) Plans to Issue Convertible Bonds to Raise Up to 440 Million Yuan for Advanced High-Nickel Seamless Pipe Manufacturing Project

Stock News09-22

Shengtak New Materials Co.,Ltd. (300881.SZ) disclosed a plan for the public issuance of convertible corporate bonds, with total proceeds from the convertible bond issuance not exceeding 440 million yuan (inclusive). The net proceeds after deducting issuance costs will be used for the advanced high-nickel seamless pipe manufacturing construction project.

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