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Changzhou Qiangli New Materials intends to issue 850 million convertible bonds to increase the number of new environmentally friendly light-curing raw materials project

 Last Update: 2022-06-07
 Source: Internet
 Author: User

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After nearly 5 months of adjustments and revisions to the plan , Changzhou Qiangli Electronic New Materials Co.

It is reported that Qiangli New Materials plans to publicly issue convertible bonds to raise funds of no more than 850 million yuan.

The announcement shows that the company’s newly-added products for this issuance are mainly environmentally friendly photoinitiators and UV-LED high - performance resins and monomers.

Qiangli New Materials stated that this fundraising project will further realize the localization of key raw materials in the field of electronic chemicals such as photoinitiators, cater to the needs of the popularization and industrialization of UV-LED technology, and at the same time help downstream companies to control VOCs emissions, and promote Industrial green development is of great significance.

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