Eisen Co., Ltd.: plans to issue convertible corporate bonds to raise funds not exceeding RMB 524 million.

Eisen Corporation announced that the company plans to issue convertible corporate bonds to unspecified investors to raise funds not exceeding RMB 524 million. The funds, after deducting issuance expenses, will be used for the Phase I project of the integrated circuit materials manufacturing base in East China and to supplement working capital. The convertible corporate bonds to be issued in this offering have a term of six years from the date of issue, with a face value of RMB 100 each. The method of determining the face interest rate and the final interest rate level for each interest year will be negotiated and authorized by the shareholders' meeting and the board of directors with the underwriter before the issuance.