Citic Pacific Special Steel Group Co.Ltd(000708) (stock code “000708”, stock abbreviation ” Citic Pacific Special Steel Group Co.Ltd(000708) “) the online roadshow of public issuance of convertible corporate bonds will be held on panorama from 15:00 to 17:00 on Thursday, February 24, 2022.
At that time, Citic Pacific Special Steel Group Co.Ltd(000708) chairman Qian Gang, Citic Pacific Special Steel Group Co.Ltd(000708) president Li Guozhong, Citic Pacific Special Steel Group Co.Ltd(000708) chief accountant Ni Youmei, Citic Pacific Special Steel Group Co.Ltd(000708) Board Secretary Wang Haiyong, Citic Securities Company Limited(600030) global investment banking commission executive general manager and co head of industry and advanced manufacturing industry group Lin Jiawei and Minmetals securities investment banking division deputy general Manager qiao Duan will participate in the roadshow. Investors can interact online with company executives through the panoramic roadshow platform.
It is understood that Citic Pacific Special Steel Group Co.Ltd(000708) plans to issue 5 billion yuan of convertible bonds with a face value of 100 yuan each, a total of 50 million. The bond is referred to as “ZHONGTE convertible bond” for short, and the bond code is “127056”. The term of the convertible bonds issued this time is six years from the date of issuance, i.e. from February 25, 2022 to February 24, 2028. The convertible bonds issued this time shall be placed preferentially to the original A-share shareholders. According to the proportion of priority placement in this issue, the original shareholders can subscribe 49997002 at most, accounting for 99.9940% of the total amount of convertible bonds issued this time.
After deducting the issuance expenses, the funds raised by this convertible bond issuance are intended to be used for the optimization and upgrading project of “three high and one special” product system, the comprehensive upgrading project of coking environmental protection of Hubei ZHONGTE new chemical energy technology Co., Ltd., the high parameter intensive waste heat and residual energy utilization project, the whole process ultra-low emission environmental protection transformation project, and the supplementary working capital project.
According to public information, Citic Pacific Special Steel Group Co.Ltd(000708) formerly known as Daye Special Steel Co., Ltd., was established in Huangshi, Hubei Province in 1993 and listed on Shenzhen Stock Exchange in March 1997. Citic Pacific Special Steel Group Co.Ltd(000708) can produce more than 3000 steel grades and more than 5000 specifications. It is one of the special steel material manufacturers with the most varieties and specifications in the world. Various products of the company are widely used in automobile, energy, transportation, machinery, railway, shipping and other fields. In addition, the company also participates in the operation and management of 3.5 million T / a seamless steel pipe production capacity through equity investment.
