Great Wall Motor Co (HK:2333) has released an update.
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Great Wall Motor Company Limited announced its plan to register and issue Debt Financing Instruments up to RMB 6 billion to optimize its debt structure and improve working capital. The issuance is subject to shareholder and regulatory approval and will proceed as determined by market conditions and company needs. The proceeds are intended for working capital replenishment and interest-bearing debt repayment, with no guarantee offered for the instruments.
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