Zhao Min Technology (301000.SZ) plans to issue convertible bonds to raise funds not exceeding RMB 590 million.

Intelligence Finance APP News, Zhaoming Technology (301000.SZ) disclosed a pre-plan to issue convertible corporate bonds to unspecified objects, with the company planning to issue convertible bonds not exceeding 590 million yuan (including). After deducting issuance expenses, all funds raised will be invested in the construction of a new project for the production of 800 million sets of new energy vehicle components and ultra-precision engineering plastic components annually, the construction of the first phase of the automotive parts and high-end precision parts production base in Thailand, and supplemental working capital.