China Changbaishan International Holdings Limited Announces Plans for Potential Acquisition and New Business Investments, Debt Settlement, and Working Capital Allocation

Reuters

Nov 21

China Changbaishan International Holdings Limited Announces Plans for Potential Acquisition and New Business Investments, Debt Settlement, and Working Capital Allocation

China Changbaishan International Holdings Limited has outlined its intended use of proceeds from the placing of 2023 convertible bonds. According to a supplemental announcement to its 2024/2025 annual report, the company plans to allocate RMB 30.85 million for potential acquisitions and/or investments in new business projects. Additionally, RMB 19.48 million is designated for settling the group's indebtedness and finance costs, and RMB 3.79 million is assigned for settlement of the group's working capital. The company stated that the actual use of proceeds will align with these intended purposes. No further changes to previously disclosed strategic plans were announced.

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. China Changbaishan International Holdings Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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China Changbaishan International Holdings Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00989","symbol_name":"中国长白山国际","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251121:nNDL2lV8GR:1","article_id":"2585118061","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585118061","pubTimestamp":1763714027,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China Changbaishan International Holdings Limited Announces Plans for Potential Acquisition and New Business Investments, Debt Settlement, and Working Capital Allocation. China Changbaishan International Holdings Limited has outlined its intended use of proceeds from the placing of 2023 convertible bonds. According to a supplemental announcement to its 2024/2025 annual report, the company plans to allocate RMB 30.85 million for potential acquisitions and/or investments in new business projects. Additionally, RMB 19.48 million is designated for settling the group's indebtedness and finance costs, and RMB 3.79 million is assigned for settlement of the group's working capital. The company stated that the actual use of proceeds will align with these intended purposes. No further changes to previously disclosed strategic plans were announced.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and ti","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00989":"中国长白山国际","BK1240":"房地产开发"},"translate_title":"中国长白山国际控股有限公司公布潜在收购及新业务投资、债务清偿及营运资金分配计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00989":0.9},"content_text":"China Changbaishan International Holdings Limited Announces Plans for Potential Acquisition and New Business Investments, Debt Settlement, and Working Capital Allocation\n    \n\n        China Changbaishan International Holdings Limited has outlined its intended use of proceeds from the placing of 2023 convertible bonds. According to a supplemental announcement to its 2024/2025 annual report, the company plans to allocate RMB 30.85 million for potential acquisitions and/or investments in new business projects. 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