In the Ningde Times, it is planned to issue no more than 10 billion yuan in medium -term bills

[Dahecai Cube News] On September 28, the Ningde Times announced that the company held the twelfth meeting of the third board of directors to review and approve the "Proposal on the Registration of Mid -term Bills" to ensure the company's future production and operation and business development Fund demand, broaden the company's financing channels, optimize the financial structure, and reduce financing costs. According to the "Administrative Measures for the Management of the" Company Law "and" Administrative Measures for the Administrative Measures for the Treaster Financing in Treasures of Non -Financial Enterprises ", the company plans to go to interbank bonds across the country. The market registration and distribution of no more than RMB 10 billion (including 10 billion yuan) medium -term bills.

The period of the mid -term bill issued this time does not exceed 5 years (including 5 years). The specific issuance period will be finalized according to the actual capital needs of the company and the market conditions during the distribution. Essence

The use of funds for funds: It is mainly used for project construction, supplementary operating funds, and repayment of interest liabilities and other uses stipulated in the relevant laws and regulations and the provisions of the dealer association, and strictly use it in accordance with the issuance documents.

The announcement stated that the issue of the mid -term bill issued this time has been reviewed and approved by the twelfth meeting of the third board of directors and the ninth meeting of the third Supervisory Committee. After implementation. The company will timely disclose the follow -up progress of the mid -term bill issuance in accordance with relevant laws and regulations.

Responsible editor: Tao Jiyan | Review: Li Zhen | Director: Wan Junwei

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