Summary by Moomoo AI
Anhui Conch Cement Co., Ltd. (Conch Cement) plans to issue interim notes of not more than RMB30 billion by its subsidiary Conch Environmental Group, and to provide a full bonded liability guarantee guarantee by Conch Cement. This move is aimed at meeting the needs of business development and optimizing the debt structure. The issuance of the Interim Notes will be made during the registration validity period based on the market environment and actual funding requirements. The funds will be raised primarily for replenishing liquidity, repayment of interest-bearing debt and project construction. CONE ENVIRONMENTAL GROUP WAS ESTABLISHED IN 2020. ITS MAIN BUSINESS INCLUDES TECHNOLOGY DEVELOPMENT, SERVICES, CONSULTING, ETC. IN THE FIELD OF ENVIRONMENTAL TECHNOLOGY. As of the end of 2023, Conch Environmental Group...Show More