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SHA:603985

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Asia

Jiangyin Hengrun Heavy Industries to Set Up Computing Power Subsidiary

Jiangyin Hengrun Heavy Industries (SHA:603985) subsidiary Shanghai Runliuchi Technology will establish a new computing power subsidiary and invest 100 million yuan in capital, according to a Thursday filing with the Shanghai bourse.The new arm, to be called Runliuchi Technology (Shantou), will help expand the computing power business market and leverage Shantou's local resources, the filing said.

SHA:603985
Asia

Jiangyin Hengrun Heavy Industries Proposes 1 Billion Yuan Bond Issuance

Jiangyin Hengrun Heavy Industries (SHA:603985) proposed to issue bonds of up to 1 billion yuan, according to a Shanghai bourse filing on Tuesday.The bond would have a term of up to five years.

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