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Molong Petroleum Machinery Plans Issuance of 200 Million Yuan Fixed-Rate Bonds

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Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) proposed to issue fixed-rate bonds of up to 200 million yuan, according to a Shenzhen filing on Monday.

The bonds, which can be issued in tranches, will have a maturity of five years.

The energy equipment supplier's Hong Kong shares slipped 1%, while Shenzhen shares rose 1% at the close.

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