Ziel Technology Plans Convertible Bond Issue to Raise Up to 514 Million Yuan

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Ziel Technology announced on August 26 that it plans to issue convertible bonds to raise no more than 514 million yuan, for the upgrade of its European warehousing hub and supporting logistics network, digital infrastructure construction and intelligent operations, and to supplement working capital.

Ziel Home Furnishing Technology Co. Ltd. A ±

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Ziel Home Furnishing Technology Co. Ltd. A

301376

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Plans convertible bond issue to fund expansion and working capital; dilutive but supports growth.

Ziel Technology Plans Convertible Bond Issue to Raise Up to 514 Million Yuan

Impact on stocks 1

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