Jiangsu New Energy Development (603693.SH) plans to issue convertible bonds to raise funds of up to 1.24 billion yuan.

20:08 10/02/2026

Jiangsu Xineng (603693.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, with a total fundraising amount not exceeding 1.24 billion yuan (including). The net proceeds of the fundraising, after deduction of issuance expenses, will be used for the Lianyungang Qingkou Salt Field Fishery Integrated Power Generation Project and supplementing working capital.

Jiangsu New Energy Development (603693.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, with a total fundraising amount not exceeding 1.24 billion yuan. The net proceeds from the fundraising, after deducting issuance expenses, will be used for the Jiangsu Lianyungang Port Qingkou Saltfield Fishery Integrated Solar Power Project and for supplementing working capital.

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