Li Zhong Group: Intends to issue convertible corporate bonds to raise funds of no more than 1.18 billion yuan.
Central Group Announcement: It is planned to issue convertible corporate bonds to raise funds of up to RMB 1.18 billion to unspecified objects. The net proceeds from the issue, after deducting issuance expenses, are intended to be used for the following projects: annual production of 3 million super lightweight aluminum alloy wheels and 180,000 forged commercial vehicle wheels project, annual production of 2 million lightweight cast aluminum alloy wheels upgrade and energy-saving transformation project, microcrystalline silicon aluminum composite new material and precision device expansion project, high-end special intermediate alloy research and development project, and supplemented working capital project.
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