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China Chemical plans to raise more than 10 billion yuan in new nylon materials and other projects

 Last Update: 2022-08-23
 Source: Internet
 Author: User

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At present, China Chemical, with a total market value of 30 billion yuan, plans to raise an additional 10 billion yuan to invest in key engineering projects and supplement working capital

According to the pre-plan, the issuance price is determined by bidding, and the pricing base date is the first day of the non-public issuance of shares, and the number of non-publicly issued shares does not exceed 1.
48 billion shares

The plan shows that the total investment of the nylon new material project is 10.
457 billion yuan, and it is planned to invest 3 billion yuan in raised funds.
The project has already started and is expected to be put into operation in 2022

The key projects include Russia's NFP 5400MTPD methanol project and the coal-separated utilization of new chemical materials demonstration project, with a total planned investment of 4 billion yuan

In addition, the company plans to use part of the raised funds, namely 3 billion yuan, to supplement working capital to optimize the company's asset-liability structure, reduce financial risks, and improve the company's financing space and anti-risk capabilities

"This fundraising project is in line with relevant national industrial policies and the company's overall strategic development direction in the future, and has good market development prospects and economic benefits

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