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Guangzhou Restaurant Plans to Raise Up to RMB 1 Billion via Convertible Bonds for Capacity Expansion

GateNews

2026-05-18 11:02:08

According to Jin10, Guangzhou Restaurant announced today (May 18) that it plans to issue convertible bonds to raise up to RMB 1 billion for capacity expansion and technology upgrades at its food manufacturing base. The company will also allocate proceeds to expand into markets outside Guangdong province, build retail networks, fund digital transformation initiatives, and support research and development of new health-focused food products.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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