Techub News reports that, according to an announcement from the Hong Kong Stock Exchange, Hong Kong listed company Yili Holdings Limited has announced that it has signed an agreement to issue convertible bonds valued at 19.95 million Hong Kong dollars, with the funds to be used for the development of Web3.0 business. This batch of convertible bonds is a zero-coupon six-year bond maturing in 2031, with a conversion price of 0.25 HKD. Assuming all bonds are exercised and converted, up to 79.8 million new shares can be issued and allotted, accounting for 18.44% of the company's existing issued share capital as of the subscription agreement date and 15.57% of the issued shares after the issuance of new shares.