China Agroforestry Low-Carbon Holdings Limited (SEHK:1069) announced that it has entered into into separate subscription agreements for a private placement of convertible bonds on January 17, 2014. The bonds will carry an interest of not more than 7% per annum and maturity dates ranging from seven to eight years from the date of issue.

On the same date, Wu Qiuying subscribed for HKD 5,000,000 as part of the first tranche.

On February 26, 2014, the company received an additional HKD 5,000,000 as part of the second tranche from Li Ying.

On March 10, 2014, the company received HKD 5,000,000 as part of the third tranche from Zhu Fushen.

On April 8, 2014, the company received HKD 5,000,000 from Tian Jian and HKD 10,000,000 from Zhu Bei as part of the fourth tranche.

On April 15, 2014, the company received HKD 10,000,000 from Luo Yong Zhou as part of the fifth tranche.

On April 22, 2014, the company received HKD 10,000,000 as part of the sixth tranche from Lin Pan.

On May 7, 2014, the company received HKD 10,000,000 as part of the seventh tranche from Huang Enli.