Hongjing Optoelectronics Seeks to Raise Up to 630 Million Yuan via Convertible Bond Issuance
Stock News
Jul 23
Guangdong Hongjing Optoelectronic Technology Inc. (SZSE: 301479) has disclosed a plan for the issuance of convertible corporate bonds to unspecified investors.
The total funds to be raised from this offering of convertible bonds are anticipated not to exceed 630 million yuan, inclusive.
After deducting issuance expenses, the net proceeds are intended for investment in several projects. These include the research, development, and industrial production of multi-application lens modules, the research, development, and industrial production of optical components, the research, development, and industrial production of infrared lenses, and supplementing working capital.
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