Hongqiang completed the placement of 316 million convertible bonds and laid out ethylene oxide and propylene oxide derivatives projects

In July, the Shenzhen Stock Exchange reviewed and approved Hongqiang’s convertible bond application. On October 18, Hongqiang completed the placement of 316 million yuan of convertible bonds. The funds raised will be mainly used for its annual production of 320,000 tons of ethylene oxide and propylene oxide derivatives project in Daya Bay, Huizhou, Guangdong. It…