Zhitong Finance App News, Heritage Education Group (08195) announced that on April 24, 2024, the company plans to issue convertible bonds with a total principal amount of HK$15 million to Ye Lang, Yang Xinyi, Wu Yan'an, Zhang Jingru and Cheng Kaining. After all of these convertible bonds are converted, they can be converted into approximately 10.1351 million shares at an initial exchange price of HK$1.48. The net proceeds from the subscription were used to potentially expand the Group's main existing business, including financial and investment education business and private supplementary education business.