Orchid Sci-tech Group plans to issue corporate bonds with a total amount not exceeding RMB 3 billion.
LanHua Science and Technology Announcement: In order to further expand financing channels, optimize financial structure, and meet the capital needs of enterprise operation and development, the company plans to publicly issue corporate bonds to professional investors in accordance with the "Regulations on the Issuance and Trading of Corporate Bonds". The total size of this bond issue will not exceed RMB 3 billion, with a term not exceeding 10 years and a face value of RMB 100. The face value interest rate will be determined based on market inquiry results. After deducting issuance expenses, the raised funds will be used to repay interest-bearing debts, supplement working capital, and other purposes permitted by laws and regulations.
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