Zhejiang Huatie Emergency Equipment Science & Technology (603300.SH) plans to privately issue corporate bonds of no more than 1 billion yuan.

Zhejiang Huatie Emergency Equipment Science & Technology (603300.SH) announced that, in order to broaden the company's financing channels and optimize its financing structure for business development needs, the company intends to apply for a non-public issuance of corporate bonds not exceeding RMB 1 billion. The proposed term of the bond issuance is not exceeding 10 years, and the proceeds from the issuance, after deducting issuance expenses, will be used to repay interest-bearing debts and supplement working capital.