Global Bio-Chem Technology Group Completes Private Placement and Convertible Bond Conversion, Issuing Over 2.75 Billion New Shares

Reuters
10/02
<a href="https://laohu8.com/S/00809">Global Bio-Chem</a> Technology Group Completes Private Placement and Convertible Bond Conversion, Issuing Over 2.75 Billion New Shares

Global Bio-Chem Technology Group Co. Ltd. has announced the completion of a significant equity transaction involving the issuance of 2,752,605,977 new consideration shares under a specific mandate. The move forms part of a broader suppliers' debt restructuring arrangement. The company also confirmed the conversion of its convertible bonds as part of the deal. Following the transaction, key shareholdings are now attributed to entities including ShengLi IX and Modern Agricultural Industry Investment Holdings Limited, with indirect interests held by various investment funds and state-owned enterprises. The transaction aims to improve the company's financial position and broaden its shareholder base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Bio-Chem Technology Group Co. Ltd. published the original content used to generate this news brief on October 02, 2025, and is solely responsible for the information contained therein.

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