Maiwei Corporation: plans to issue convertible bonds to raise funds of no more than 1.967 billion yuan.

date
31/05/2025
Maiwei Corporation Announcement: The company plans to issue convertible corporate bonds to raise funds not exceeding 1.967 billion yuan from unspecified objects, and the funds raised, after deductions for issuance expenses, are intended to be used for the industrialization project of perovskite stacked solar cell equipment. The term of this issuance of convertible corporate bonds is six years from the date of issuance, with each bond having a face value of 100 yuan. The determination of the coupon rate and the final rate level for each interest-bearing year will be determined by the board of directors of the company authorized by the shareholders' meeting before the issuance according to national policy, market conditions, and the specific situation of the company in consultation with the underwriter. The conversion period for the convertible corporate bonds issued this time is from the first trading day after six months from the end of the convertible corporate bond issuance to the maturity date of the convertible corporate bonds.