Technology, Healthcare Dec 26, 2021 04:59 PM (GMT+8) · EqualOcean
AP, Dec. 26, Midea Group announced, The company plans to issue overseas bonds with a total amount not exceeding (including) the equivalent amount of US $1.200 billion overseas through overseas wholly-owned subsidiaries (if it is issued in foreign currency, it shall be converted according to the middle rate of the exchange rate published by the people's Bank of China on the issuance date). After deducting the issuance expenses, the funds raised by the bonds are intended to be used according to the fund purpose and mode corresponding to the types of bonds, including but not limited to the company's products green design and green manufacturing related projects, such as the design and development of environmentally friendly and energy-efficient products and production and manufacturing equipment The upgrading of low-carbon energy conservation and the green upgrading of energy structure, and increasing the procurement of renewable energy.
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