Yili Holdings issues nearly HK$20 million of convertible bonds, betting on the development of Web3.0 business

According to the announcement of the Hong Kong Stock Exchange, Hong Kong-listed company Yili Holdings Limited (HKEX: 0076) recently announced that it has signed relevant agreements to issue convertible bonds with a total value of HK$19.95 million. The funds raised this time will be mainly used to accelerate the layout of Web3.0 business and promote the company's strategic transformation in the field of digital economy.

The announcement pointed out that the convertible bonds will give investors the right to convert into company shares under certain conditions. This move will not only help to enhance the company's capital strength, but also provide potential investors with opportunities for equity participation.

Yili Holdings said that Web3.0, as the development trend of the next generation of the Internet, is triggering profound changes in technology and business models worldwide. The company plans to use the raised funds for technical development, platform construction and potential acquisitions of Web3.0-related projects to seize the industry's first opportunity.

This capital operation is regarded by the market as a key step taken by Yili Holdings in the field of digital innovation, and is expected to enhance its voice and market competitiveness in the Web3 ecosystem.