PANews, July 17 - Hong Kong listed company Yili Holdings (00076) announced that it has signed an agreement on July 17, 2025, to issue zero-coupon convertible bonds totaling HKD 19.95 million to investors. The bonds have a term of six years, maturing on July 16, 2031. The conversion price is HKD 0.25 per share, with a maximum conversion of 79,800,000 new shares. The new shares will apply for listing on the Hong Kong Stock Exchange, but the bonds themselves will not be traded on the market.
The company stated that this financing will be used to develop third-generation Internet Web 3.0 related businesses to promote future growth.