First, it is conducive to improving the balance sheet of enterprises and increasing their financial income. Because bond interest rates are always lower than loan interest rates and other financing interest rates;

Second, increasing the cash flow of enterprises will help enterprises to operate more flexibly, such as expanding production capacity and investment;

Third, it is conducive to expanding the production scale of enterprises or expanding investment to increase income. As for blocking the expected reorganization, it is even more nonsense. More precisely, it should be blocking the reorganization expectation. When will Fangda Carbon be expected to be reorganized? If you have money, you can reorganize others. As for the trend, I don't express my position, but I don't see anyone reading this announcement at will.

1. Issuing bonds means issuing new convertible bonds. Convertible bonds are bonds issued by companies bought by investors. Within the prescribed time limit, investors can convert it into shares of the company according to a certain proportion, enjoy the power of equity and give up the power of bonds; However, if the company's share price or other conditions are unfavorable for investors to hold shares, investors can give up the right to convert bonds into shares and continue to hold bonds until maturity.

Second, because the subscription funds are not as much as the subscription of new shares, although the listing increase of convertible bonds or separable bonds is not as good as that of new shares, the subscription yield is not weaker than that of new shares, or even exceeds that of new shares.

Three, the specific procedures of bond issuance vary from country to country, from region to region and from bond type to bond type. Only the public offering bonds and the issuance procedures in private placement bond are introduced here. The issuance procedures of public bonds are as follows:

1. The bond issuer chooses the principal to negotiate the issuance plan and sign the agreement.

2. The client shall apply for a credit rating on behalf of the issuer and apply to the competent department for approval of the listing and issuance of bonds.

3. The principal trustee arranges registration agents, payment agents and subscription agents.

4. The issuer signs an agreement with the registration agent, the payment agent and the subscription agent.

Fourth, negative, stock market terminology. Refers to the information that can lead to the stock price decline, such as the deterioration of the operating performance of listed companies, bank tightening, bank interest rate increase, economic recession, inflation, natural and man-made disasters and other unfavorable news that can lead to the stock price decline.

5. Positive reaction is used in the stock market, which is the language of the stock market and the information that stimulates the stock price to rise. Good refers to the information that stimulates the stock price to rise, such as the improvement of listed companies' operating performance, the reduction of bank interest rates, abundant social funds, the relaxation of bank credit funds, market prosperity and other political, economic, military and diplomatic information that is conducive to the stock price to rise. Strictly speaking, positive refers to information disclosure that can stimulate the stock price to rise.