Flying deer raised 100 million yuan to invest 20,000 tons of water-based resin and high-end equipment water-based paint new projects!

Recently, Feilu shares convertible bonds officially listed on the Shenzhen Stock Exchange, bonds referred to simply as "Flying Deer convertible bonds", code "123052." On the first day of listing, Flying Deer turned debt high and low, followed by four consecutive days of volatility higher.
the issue of 1.77 million bonds, each with a face value of 100 yuan, the main body and the credit rating of the bonds are A-plus, the survival period of 6 years

. The first to sixth years of the face rate are 0.50%, 0.80%, 1.50%, 2.00%, 2.50% and 3.00%, respectively;
data show that Feilu shares are engaged in high-end industrial coatings research and development and production of high-tech enterprises, the main products include anti-corrosion coatings, waterproof protective materials, floor coatings and functional polymer materials, and can be customized according to customer needs to provide coatings, coating integrated solutions.
As the "first share of rail transportation coatings", Feilu shares long-term focus on the rail transportation industry, in the sub-sector in the domestic leading position, is the main paint suppliers of a number of equipment and engineering companies under the China Automotive Group, products are widely used in high-speed rail, subway, magnetic levitation project construction and vehicles, equipment manufacturing.
With the continuous breakthrough of technology research and development, Feilu shares have gradually established a full range of services covering the field of industrial anti-corrosion protection system, and gradually expand the business to wind power and other new energy, steel structure and many other industrial areas and real estate construction, urban corridors and municipal construction and other civil fields.
the financing limit for the convertible bond issue was 177 million yuan, according to the company's fundraising statement.
will be invested in new projects with an annual output of 20,000 tons of water-based resins and new projects with high-end equipment for water-based coatings.
that one of the major trends in the paint industry is the upgrading from "oily coatings" to "water-based coatings". Water-based coatings are superior to oily coatings in terms of wear resistance and water resistance, and are easier to transport and more environmentally friendly. However, due to the late start of China's coatings industry, the current water-based coatings as the representative of the high-end paint market is still dominated by AkzoNobel, Libang, Wiesberger and other international enterprises. The issue of flying deer shares convertible bonds is intended to grasp the development trend of the industry, and further enhance the market share of high-end water-based coatings.
Feilu shares said that the implementation of this investment project will significantly enhance the company's water-based paint products capacity scale and core resin material self-severity rate,
accelerate the company's existing product structure and business type transformation and upgrading, help the company to continue to maintain a leading position in the field of rail transportation equipment corrosion prevention;
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