Silane leader plans to raise 700 million to build silicone project

on november 4, hongbai new materials released the prospectus for the issuance of convertible corporate bonds by jiangxi hongbai new materials co., ltd. to unspecified objects (draft for the meeting). the document mentions: the total amount of funds raised in this issuance shall not exceed rmb 960 million (including the principal amount), and all of…