<p>VOBILE GROUP (03738.HK) announced that it will issue a three-year zero-coupon convertible bond with a principal amount of RMB 98.8 million to Shanghai Pudong Development Bank (600000.SH) wholly-owned financial services institution Pudong International. The initial conversion price is RMB 3.8, representing a premium of 11.11% compared to the last trading day (16th); the newly convertible shares will account for 1.12% of the expanded share capital. The net proceeds are intended for the development and investment in artificial intelligence-generated content-related businesses; repayment of interest-bearing loans; and general working capital</p>

600000

03738

<p>VOBILE GROUP announced the issuance of a three-year zero-coupon convertible bond with a principal amount of RMB 98.88 million to Shanghai Pudong Development Bank's wholly-owned financial services institution, Pudong International. The initial conversion price is RMB 3.8, representing a premium of 11.11% compared to the closing price on the last trading day (16th); the newly convertible shares will account for 1.12% of the expanded share capital. The net proceeds are intended to be used for the development and investment in artificial intelligence-generated content-related businesses; repayment of interest-bearing loans; and general working capital</p>

VOBILE GROUP issued zero-interest convertible bonds to SPD Bank, raising 98.8 million yuan