Aisen Co., Ltd.: Plans to issue convertible corporate bonds to raise no more than RMB 524 million

Eisen Co., Ltd. announced that the company plans to issue convertible corporate bonds to unspecified targets to raise no more than 524 million RMB.
After deducting issuance costs, the funds will be used for the first phase of the integrated circuit materials East China manufacturing base project and to supplement working capital.
The term of the convertible corporate bonds issued this time is six years from the date of issuance, with a face value of 100 RMB.
The method for determining the coupon rate and the final interest rate level for each interest-bearing year will be submitted for the company’s shareholders’ approval to authorize the board of directors (or authorized persons) to negotiate and determine with the sponsor (lead underwriter) before issuance.