Gambol Pet Group Plans Convertible Bond Issue to Raise Up to 1.1 Billion Yuan

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Gambol Pet Group announced that the company plans to issue convertible corporate bonds to unspecified investors, raising total proceeds of no more than 1.1 billion yuan. After deducting issuance expenses, the funds are intended for a project to produce 300,000 tonnes of premium pet staple food annually, a smart warehousing and digital sorting centre project, a digital operations and decision-making platform construction project, and to supplement working capital.

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