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Xinye Textile: No More Than 1 Billion 600 Million Yuan To Raise Convertible Bonds.
Xinye textile disclosed that the public offering of A shares could be a preplan for Switching Company bonds. The total amount of the proceeds raised by the Switching Company bond can not exceed 1 billion 600 million yuan (including 1 billion 600 million yuan). After deducting the issuance cost, it will invest in the "165 thousand new high-end spinning construction project of Akesu Xinfa cotton Co., Ltd." and "Henan Xinye textile Limited by Share Ltd new functional yarn project" and "Henan". Xinye textile Limited by Share Ltd medical hygienic nonwovens project "and supplementary working capital.
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