Jiangnan Chemical: Zijin Investment plans to issue no more than 700 million yuan of exchangeable bonds.

On June 25, Jin10 reported that Jiangnan Chemical announced that its shareholder, Zijin Investment, holding more than 5% of shares, plans to issue non-public exchangeable corporate bonds with part of the A-shares it holds as the underlying assets. The proposed issuance period of the exchangeable bonds will not exceed 5 years, and the fundraising scale is expected to not exceed 700 million RMB.

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