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[central Asia Valley Group raised HK $900 million through convertible bondsSpindimensionnodepositbonuscodesThe issue price per share is 0Spindimensionnodepositbonuscodes.1 Hong Kong dollars] the Central Asia Valley Group announced that on April 30, 2024, the company through the exercise of convertible bonds attached.SpindimensionnodepositbonuscodesIn exchange for equity, 900 million new shares were successfully issued. The move aims to raise funds for the company to support its business expansion and operational development. The price of each newly issued share is 0Spindimensionnodepositbonuscodes.1 Hong Kong dollars, which reflects the company's accurate grasp of market conditions and investor demand. The company said that the new shares issued will help to increase the company's capital base and enhance the company's financial flexibility, thus providing solid financial support for future investment and development. At the same time, it also shows the confidence and support of the market to the Central Asia Valley Group. Central Asia Olefinu Group is a leading enterprise in the field of olefin industry chain, its business covers olefin production, sales and related technology research and development and other aspects. The issue of new shares will further consolidate the company's competitive position in the industry and lay the foundation for the company to achieve long-term sustainable development. Investors reacted positively to the news of the new shares issued by the Central Asia Valley Group. Market analysts believe that by issuing new shares to raise funds, the company is expected to further enhance its market share in the olefin industry chain and enhance the company's profitability and market competitiveness. On the whole, the issuance of new shares by the Central Asia Valley Group through convertible bonds is an important measure for the company to actively respond to market changes and promote business development. The company said that it will continue to uphold the business philosophy of innovation, cooperation and win-win results, and create greater value for shareholders.
