The term of this issuance of corporate bonds shall not exceed 5 years (including 5 years). After deducting the issuance expenses, the raised funds are intended to be used to repay interest-bearing debts, supplement working capital and other purposes permitted by applicable laws, regulations and normative documents.
In addition, BAIC Blue Valley issued an announcement on the appointment of deputy manager as acting manager, saying that during the period when the new manager is not formally appointed, He Zhangxiang, the deputy manager, will act as acting manager. The board of directors will complete the selection and appointment of the new manager as soon as possible.
He Zhang Xiang (data picture)
In May this year, the auto market showed a warming trend. The production and sales volume of BAIC new energy vehicles doubled from the previous month, reaching 879 vehicles and 2 106 vehicles respectively, increasing by 103.47% and 259.39% respectively compared with April. In the first five months of this year, the cumulative sales volume of BAIC new energy vehicles was 7044, up 34.53% year-on-year.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.