Altech Advanced Materials AG
Youbisheng Green Paper AG plans to issue bond
Youbisheng Green Paper AG / Key word(s): Issue of Debt/Bond 11.10.2012 08:43 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 11 October 2012. Youbisheng Green Paper, a Chinese manufacturer of environmentally friendly linerboard for the growing Chinese consumer goods industry, intends to issue a RMB bond to finance a third high-end testliner production line in Huanggang City, Hubei Province. The bond is expected to have a volume of RMB 500 million (approx. EUR 61 million) and a maturity of three years while the overall investment amounts up to RMB 700 million (approx. EUR 85.4 million). The remaining part will be financed by cash flow from operations. The intended bond placement still requires approval of the supervisory board. Youbisheng has mandated Vantage Capital Markets HK Ltd as Lead Arranger and Bookrunner, and Maple Asset Management Limited as Global Coordinator to structure the issue. The new production line with a total investment of over RMB 700 million will have an annual capacity of 300.000 tons, twice as much as the present production capacity. Youbisheng plans to take this step forward as the market demands are exceeding the company's current production capacity. Since 2008, Youbisheng has been operating at full capacity and has gradually increased its outsourced production since 2009. By acquiring and implementing additional production equipment, the company's management is attempting to increase the production capacity while meeting customers' demands. In line with expanding the annual production from currently 150,000 tons to up to 450,000 tons, Youbisheng also aims to enlarge its customer base. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About Youbisheng Green Paper AG Youbisheng Green Paper AG is the German holding company of a Chinese clean-tech leader of environmentally friendly produced linerboard from up to 100% recovered fibres. The high-quality linerboard innovations of Youbisheng take up a special position in the Chinese market and are produced in the own production plant near Quanzhou City. They are used in the packaging industry in the Fujian and Guangdong Province (together about 141 million inhabitants), especially for visually attractive sales packaging and carrier bags of high-quality consumer goods. Youbisheng has been operating as a paper producer since 2000. In fiscal year 2011 and with its production plants operating at full capacity, it manufactured almost 150,000 metric tons of linerboard, making it one of the biggest linerboard producers in Fujian and Guangdong Provinces. For further information: Kirchhoff Consult AG Yasmin Yaqub Phone: +49 (0)40 60 91 86 0 yasmin.yaqub@kirchhoff.de Youbisheng Green Paper AG Gustav-Heinemann-Ring 44 81739 Munich Germany contact@youbisheng-greenpaper.de Disclaimer concerning prognoses This communication contains forward-looking statements Forward-looking statements are statements that are not historical facts instead they reflect the current views and expectations of Youbisheng Green Paper AG and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialize or if the assumptions underlying any of the forward-looking statements of Youbisheng Green Paper AG are proving to be incorrect, the actual results of Youbisheng Green Paper AG may be materially different from those expressed or implied by such forward-looking statements. Youbisheng Green Paper AG does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. 11.10.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Youbisheng Green Paper AG Gustav-Heinemann-Ring 44 81739 München Germany Phone: 089 - 451 63992 Fax: 089 - 451 63993 E-mail: contact@youbisheng-greenpaper.de Internet: www.youbisheng-greenpaper.de ISIN: DE000A1KRLR0 WKN: A1KRLR Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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