Sd gold (01787) announced plans to optimize the company's capital structure and broaden financing channels through the establishment of a perpetual collective trust plan by a trust company to raise funds from insurance and other institutions for financing purposes.
Smart Finance News APP reports, sd gold (01787) announced plans to optimize the company's capital structure and broaden financing channels through the establishment of a perpetual collective trust plan by a trust company to raise funds from insurance and other institutions for financing, with a total financing scale not exceeding RMB 7 billion, and the actual scale to be determined based on the fundraising situation. The funds raised will be used to replace the company's existing debts and supplement working capital. Specific transaction elements such as financing term, financing cost, etc., shall be subject to specific agreements related to perpetual trust products.