[Xinhua Shares: Plans to raise no more than 900 million yuan to expand 50,000 tons of isopropyl alcohol, 3,500 tons of isopropyl ether, 200 tons of propane technical transformation projects, etc.] On September 23, Xinhua Shares (603867.SH) announced that the company plans to issue convertible corporate bonds to unspecified objects, and the total raised funds will not exceed 900 million yuan, which will be used for expansion after deducting issuance expenses. 50,000 tons of isopropyl alcohol, 3,500 tons of isopropyl ether, 200 tons of propane technical transformation projects, new material relocation and upgrading projects with an annual output of 73,000 tons - special amine new material relocation and upgrading projects with an annual output of 10,000 tons, Zhejiang Xinhua R&D center construction project, Ningxia Xinhua Chemical Co., Ltd. hydroformylation project and synthetic fragrance product base project (Phase II, Phase III), etc.