Zhongsheng Group Holdings Ltd. (HK:0881) has released an update.
Zhongsheng Group Holdings Limited has announced a voluntary application for the issuance of up to RMB 5 billion in Panda Bonds, to be potentially issued in tranches over the next two years. The company cautions shareholders and investors that the issuance is subject to market conditions and other factors, with further updates to be provided as the process unfolds. Investors are advised to be prudent when trading the company’s securities during this period.
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