Jianlong Micronano: Intends to change the purpose of raising 440 million yuan in convertible bonds.
Jianlong Micro-Nano announced that the company plans to use the remaining 440.19 million yuan of the "Adsorption Material Industrial Park Expansion Project" to invest in the construction of a 42,000 ton molecular sieve raw powder production line and supporting facilities. The original project's planned capacity is mismatched with market demand, and existing capacity is overloaded and equipment is aging. The new project is expected to be completed by the end of 2027, with a post-tax internal rate of return of 21.99%. This matter has been approved by the board of directors, and still requires approval from the shareholders' meeting and bondholders' meeting. At the same time, the project faces risks such as market development and intensified competition.
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