Shenergy plans to issue convertible bonds to raise no more than 2 billion yuan
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According to the Zhitong Finance APP, Shenergy announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 2 billion yuan (including principal). After deducting issuance costs, the net proceeds will be used for investments in: Shenergy's 1.35 million kilowatt wind power project in Toli County, Xinjiang, the Lingang No. 1 offshore photovoltaic project, and to supplement working capital
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