China Carbon Neutral Development Group Ltd. Proposes Convertible Bond Issuance to Restructure Debts and Promote Healthy Growth

Reuters
30 May
China Carbon Neutral Development Group Ltd. Proposes Convertible Bond Issuance to Restructure Debts and Promote Healthy Growth

China Carbon Neutral Development Group Ltd., a company listed on the Main Board of the Stock Exchange of Hong Kong, has announced a proposed issuance of convertible bonds under a specific mandate as part of its efforts to restructure its debts and support its healthy development. The company, which is incorporated in the Cayman Islands, aims to address its outstanding indebtedness totaling HK$57,659,479.52. The conversion price for these bonds has been set at HK$0.28 per share, with a maximum of 205,926,712 shares to be allotted and issued upon conversion. This move is intended to effectively manage the company's financial obligations and facilitate a more stable and sustainable business trajectory.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Carbon Neutral Development Group Ltd. published the original content used to generate this news brief on May 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10