On November 4, Hungpai New Materials Co., Ltd. released to issue the convertible bonds to unspecified investors, aiming at raising fund up to RMB 960 million, of which the RMB 700 million is earmarked for the green new materials integrated project. Once it is completed, the firm can add the production capacity of 70 kt/a functional silanes (including 34 kt/a alkoxysilane, 31 kt/a alkyl silane and 5 kt/a leucosilane), 28 kt/a titanate coupling agent and 50 kt/a intermediate products.