Novoray plans to issue convertible bonds to raise no more than 720 million yuan
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According to the Zhitong Finance APP, Novoray announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 720 million yuan (inclusive). The net amount of funds raised after deducting issuance costs will be used for: ultra-pure spherical powder material projects for high-performance high-speed substrates, high thermal conductivity high-purity spherical powder material projects, and to supplement working capital
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