Tianxia Xiu announced on March 22 that it will stop issuing convertible corporate bonds to unspecified targets and withdraw application documents. Earlier, it was announced that the total capital to be raised by issuing convertible bonds will not exceed 1.4 billion yuan for new media marketing training base projects, standard scenario-based marketing service platform projects, “West Fifth Street” content marketing platform upgrade projects, and supplementary liquidity projects.
天下秀：终止发行可转债募资不超14亿元事项
Tianxia Show: The matter of terminating the issuance of convertible bonds to raise no more than 1.4 billion yuan
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