Jinhong Gas Co.,Ltd. announced that it has received funding
August 16, 2023
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Jinhong Gas Co.,Ltd. announced a private placement of convertible corporate bonds on August 17, 2023. The transaction has been approved in19th meeting of the 5th board of directors and 18th meeting of the 5th board of supervisors. The company obtained approval in a ?reply regarding the approval for the registration of Jinhong Gas Co., Ltd. to issue convertible corporate bonds to unspecified targets?
(zhengjian xuke (2023) no. 1319) from China Securities Regulatory Commission, in which the company obtained approval to issue 10,160,000 pcs of convertible corporate bonds to unspecific targets, for a par value of CNY 100 per piece.
Jinhong Gas Co Ltd, formerly Suzhou Jinhong Gas Co Ltd is a China-based company mainly engaged in the research and development, production and sales of gas. The Company provides customers with specialty gases, bulk gases and natural gas. The specialty gases include ultrapure ammonia, hydrogen, nitrous oxide, dry ice, silane, helium, gas mixtures, medical gases and fluorocarbons. The bulk gases include oxygen, nitrogen, argon, carbon dioxide and acetylene. The Company's main gas supply modes are bottled gas supply, storage tank gas supply and on-site gas production. The Company's products are mainly used in integrated circuits, liquid crystal panels, light emitting diodes (LED), optical fiber communications, photovoltaics, medical health, energy conservation and environmental protection, new materials, new energy, high-end equipment manufacturing, food, metallurgy, chemical industry, machinery manufacturing and other fields.