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China Science Environmental Protection: Planning to issue convertible corporate bonds with a total amount not exceeding 1 billion RMB
Zhongke Environmental Protection announces that it plans to issue convertible corporate bonds with a total amount not exceeding RMB 1 billion. After deducting issuance expenses, the proceeds will be invested in the household waste incineration power generation project in Changning City; the third household waste incineration power generation project in Mianyang City (Jiangyou City) (Phase I); the heat production improvement project of Shijiazhuang Zhongke New Energy Co., Ltd.; the Teng County low-carbon circular economy industrial park—household waste incineration power generation project; and will also be used to supplement working capital and repay bank loans.