BYD intends to issue 1 billion bills
Simplified Fine Nozzle Mould Baser Simplify the design and application of the die holder for fine water mouth Simplified fine nozzle mould baser,rapid-scaffold,shuaigangmouldbase Shuaigang Mould Base (Yixing) Co., Ltd , https://www.shmouldbase.com
BYD (01211) announced on April 20 that the wholly-owned subsidiary BYD (Hong Kong) has entered into a subscription agreement with UBS AG and that UBS (as the sole global coordinator, sole bookrunner and joint lead manager) promised Under the terms of the subscription agreement, the subscribers were arranged to subscribe for and pay the total principal amount of RMB 1 billion in bills to be issued by BYD (Hong Kong). CCB International, ICBC Asia and Standard Chartered Bank are the other joint lead managers for the issuance of notes, and Wing Lung Bank is the deputy lead manager.
The net proceeds are intended to be used by BYD (Hong Kong) for the development and expansion of the Group's business and general financing purposes. After all necessary Chinese government approvals have been obtained, the net proceeds may also be lent to BYD (Hong Kong)'s Chinese subsidiary, but not necessarily BYD's (Chinese) subsidiary (00285). BYD (Hong Kong) indirectly owns 65.76% interest in BYD Electronics.
The notes are in RMB for a period of three years, expire in 2014, and carry interest at a fixed rate of 4.5% per annum on April 28, 2011 (including that date). Interest is on a half-yearly basis on April 28 and 10 every year. On the 28th (or closest) payment.
1. Background introduction
The mold holder is a kind of mold widely used in the production of plastic products, whose main function is to provide the shape and size of the product. However, the design of traditional fine water die frame is complicated, the manufacturing is difficult, and the cost is high, which brings a certain burden to the enterprise. Therefore, it is of great significance to simplify the design and application of the fine water mouth die.
Second, design ideas
The design of simplified fine water die frame is mainly considered from the following aspects:
1. Composition structure: The simplified fine water die frame should be composed of standardized parts to reduce the difficulty and cost of customized processing.
2. Installation mode: The installation of the mold frame should be simple and fast, easy to operate, and reduce the input of human and material resources.
3. Versatility: Simplified fine water die frame should have a certain versatility, can adapt to the production needs of different products.
3. Application practice
The use of simplified fine mouth die holders can bring the following practical experience:
1. Use effect: The use effect of simplified fine water mouth mold frame is equivalent to that of traditional fine water mouth mold frame, which can meet the production needs of products.
2. Processing technology: Simplifying the processing process of the fine water die frame is relatively simple, reducing the difficulty and cost of manufacturing.