Huagong Tech Company Limited(000988) : the first issue of ultra short term financing bonds in 2021 was RMB 200 million

Huagong Tech Company Limited(000988) it was announced on December 22 that on December 20, the company has completed the issuance of the first phase of ultra short-term financing bonds of RMB 200 million in 2021.

According to the announcement, the interest rate of this offering is 2.6%, the lead underwriter / bookkeeping manager is China Development Bank Co., Ltd., and the joint lead underwriter is Hankou Bank Co., Ltd.

Huagong Tech Company Limited(000988) previously announced that the second extraordinary general meeting of shareholders in 2020 held on November 17, 2020 approved the company to apply to Bank Of China Limited(601988) market dealers association for ultra short-term financing bonds with a registered scale of no more than RMB 2 billion and an issuance period of no more than 270 days, which are mainly used to supplement the working capital required by the company’s daily production and operation. On April 16, 2021, the company received the notice of acceptance of registration from the dealers association and accepted the registration of the company’s ultra short-term financing bonds. The approved registered amount is RMB 2 billion, and the registered amount is valid within 2 years from the date of signing the notice.

(China Securities Journal · China Securities Network)

 

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