SHA:600739

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Liaoning Cheng Da Subsidiary to Invest $5 Million in Healthcare Fund

Liaoning Cheng Da (SHA:600739) subsidiary Chengda Steel Hong Kong will invest $5 million as a limited partner in a biopharmaceutical and healthcare fund, according to a Wednesday filing with the Shanghai bourse.The investment is equivalent to 12.95% of the Likon Venture Fund II Limited Partnership, which has so far raised $38.6 million.The fund will invest in innovative drugs, medical devices, medical diagnostic equipment and reagents, and related service areas.

SHA:600739

Asia77d ago

Liaoning Cheng Da Co Redeems 800-Million-Yuan One-Year Paper

Liaoning Cheng Da (SHA:600739) on Wednesday fully redeemed the principal and interest of its first tranche of 2025 short-term commercial paper, which matured on Tuesday.The company issued the 800-million-yuan paper in July 2025, with a 2.50% annual coupon and a one-year term, according to a Shanghai bourse filing on Wednesday.Shares of the export-import company closed 1% lower Wednesday.

SHA:600739

Asia85d ago

Liaoning Cheng Da Issues 250 Million Yuan of Three-Year Debts

Liaoning Cheng Da (SHA:600739) issued the first tranche of targeted debt financing instruments worth 250 million yuan, according to a Tuesday filing with the Shanghai bourse.The bonds hold a coupon rate of 5.7% per annum and a three-year term.

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