CATARC Automotive Proving Ground To Issue Convertible Bonds

About this update from Catarc Automotive Proving Ground Co., Ltd. Class A

CATARC Automotive Proving Ground Co Ltd SZSE:301215:SAYS IT PLANS TO RAISE UP TO 1.0 BILLION YUAN ($140.34 million) VIA CONVERTIBLE BOND ISSUANCE TO FUND PROJECT($1 = 7.1258 Chinese yuan renminbi)

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