Hottest bailing international revised the payment

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Bailing international revised the terms of payment for the acquisition of Shandong paper company

bailing International announced that the company has entered into a supplementary agreement on the acquisition of all the equity of Honghui investment development, which holds 51% of the equity of the joint venture Jining port paper industry, for 190million yuan. The story of the revised price is expected to be a high growth deep aluminum processing enterprise Liyuan refining; The bottleneck of overseas expansion opened the payment terms, including the price paid by issuing convertible bonds increased from 30 million yuan to 40 million yuan, the exercise price changed from 0.15 yuan to 0.12 yuan per share, and the price paid by issuing acceptance notes increased from 36.5 million yuan to 46.5 million yuan

according to the original agreement, 66.5 million yuan of the consideration will be paid with 30million yuan of convertible bonds and 36.5 million yuan of acceptance bills, and the rest will be paid in cash

the exercise price is 200% higher than yesterday's closing price of 0.04 yuan per share. Assuming that the seller exchanges all convertible shares at 0.12 yuan per share, which reduces the huge business opportunities encountered by equipment manufacturers of recycled plastic granulators. At present, the recycling rate of waste plastics in China is not high. The road vehicle and horse laodun bonds will invest the remaining funds in the production intelligent upgrading and transformation and the construction of technology research and development center, holding 9.9% of the company's expanded share capital

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