The hottest financing is 265.6 billion yuan for Sh

Financing 2.656 billion yuan for the four major papermaking supporting projects Shanying paper industry should "eat and squeeze all the resources"

after receiving the express delivery, Shanying paper industry (600567) disclosed the convertible bond plan on the evening of April 19. The company plans to publicly issue convertible bonds and plans to raise a total of no more than 2.656 billion yuan (including 2.656 billion yuan). After deducting the issuance expenses, it plans to be used in four projects such as the comprehensive utilization of papermaking waste resources of aituo environmental energy (Zhejiang) Co., Ltd

among them, the construction site of the comprehensive utilization project of papermaking waste resources of aituo environmental energy (Zhejiang) Co., Ltd. is located in the economic development zone of Haiyan County, Jiaxing City, Zhejiang Province, and the implementation subject is aituo environmental energy (Zhejiang) Co., Ltd., a wholly-owned subsidiary indirectly controlled by the company. The total investment of the project is 1.082 billion, and 920 million of the raised funds are proposed to be used this time. The construction period of the project is 2 years and the operation period is 20 years; In the first, second and third years after production, the capacity utilization rate is 70% and 80% respectively. After the degradation film experiment is successful and implemented, the capacity utilization rate is 90%. From the fourth year to the 20th year after production, the capacity utilization rate is 100%. After comprehensive calculation, the after tax internal rate of return of all investment income of the project is 9.28%. It is suggested to rely on Hexin casting, Dongfang Yunda and other enterprises

the solid waste comprehensive utilization project of yangjiachang Town Industrial Park in Gongan County, Hubei Province is located in the yangjiachang Town Industrial Park. The main body of the implementation is Shanying Huazhong Paper Co., Ltd., a wholly-owned subsidiary of the company, and the overall planning of the new 2.2 million tons of high-grade packaging paper project with Shanying Huazhong. The total investment of the project is 569million, and the raised funds are proposed to be used to invest 400million this time. The construction period of the project is 2 years and the operation period is 20 years; The capacity utilization rate in the first, second and third years after production is 70%, 80% and 90% respectively, and the capacity utilization rate from the fourth year to the 20th year after production is 100%. After comprehensive calculation, the after tax internal rate of return of all investment income of the project is 9.42%

the recovery rate of recyclable cultural paper of Shanying International Holdings increased to 75% in 2019 and 85% in 2020 respectively. The company's comprehensive resource utilization power generation project is located in Ma'anshan, Anhui Province, with a total investment of 776 million and a planned investment of 680 million with raised funds. The construction period of the project is 2 years and the operation period is 20 years; The capacity utilization rate in the first, second and third years after production is 70%, 80% and 90% respectively, and the capacity utilization rate from the fourth year to the 20th year after production is 100%. After comprehensive calculation, the internal rate of return after income tax of all investments in the project is 9.50%

in addition, the company plans to use 656million of the funds raised from the public issuance of convertible corporate bonds to supplement working capital and repay bank loans to meet the working capital needs of the continuous development of the company's business. The project can effectively alleviate the financial pressure of the company's development, and then promote the sustainable and healthy development of the company's main business, which is conducive to enhancing the company's competitiveness and reducing business risks

the company said that the investment project of the raised funds, as a supporting construction project of the company's main business, conforms to the relevant national industrial policies and environmental protection policies, and is conducive to improving the environment, improving the comprehensive utilization rate of energy, further reducing costs, increasing the company's profits, enhancing the company's core competitiveness and industry influence, consolidating the company's market position, enhancing the company's business performance, and ensuring the sustainable development of the company