Lizhong Sitong Light Alloys Group (300428.SZ) plans to raise funds of no more than 1.18 billion yuan.

date
21:46 03/07/2026
avatar
GMT Eight
Li Zhong Group (300428.SZ) announced the issuance of a convertible corporate bond plan to unspecified objects. The total amount raised from the issuance of convertible corporate bonds to unspecified objects will not exceed 1.18 billion yuan (including this amount). After deducting issuance expenses, the net amount raised will be invested in the following projects: the annual production of 3 million ultra-lightweight aluminum alloy wheels and 180,000 forged commercial vehicle wheels project, the annual production upgrade and energy-saving transformation project of 2 million lightweight cast spinning aluminum alloy wheels, the microcrystalline silicon-aluminum composite new material and precision device expansion project, the high-end special intermediate alloy research and development project, as well as the supplementary working capital project.
Lizhong Sitong Light Alloys Group (300428.SZ) has announced the issuance of convertible corporate bonds to unspecified investors. The total amount of funds raised from this issuance will not exceed 1.18 billion yuan (including the principal). After deducting issuance expenses, the net proceeds from the fundraising will be invested in the following projects: the annual production of 3 million ultra-lightweight aluminum alloy wheels and 180,000 forged commercial vehicle wheels project, the annual production of 2 million lightweight cast spun aluminum alloy wheels upgrade and energy-saving renovation project, microcrystalline silicon-aluminum composite new materials and precision device expansion project, high-end special intermediate alloy research and development project, and working capital supplementation project.