---
title: "Jiangsu Leili plans to issue convertible bonds to raise no more than 1.286 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245868176.md"
description: "Jiangsu Leili plans to issue convertible bonds, raising no more than 1.286 billion yuan. The initial conversion price will be based on the average trading price of the company's stock. The raised funds will be used for multiple projects, including intelligent perception lidar, vehicle thermal management micro motors, automotive micro motor production bases, and overseas production base construction, among others"
datetime: "2025-06-24T10:22:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245868176.md)
  - [en](https://longbridge.com/en/news/245868176.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245868176.md)
---

# Jiangsu Leili plans to issue convertible bonds to raise no more than 1.286 billion yuan

According to the Zhitong Finance APP, Jiangsu Leili (300660.SZ) has disclosed a plan to issue convertible corporate bonds to unspecified objects, with the total amount of funds raised not exceeding RMB 1.286 billion (including issuance costs). The initial conversion price will not be lower than the average trading price of the company's stock over the twenty trading days prior to the announcement date of the fundraising prospectus and the average trading price of the company's stock on the previous trading day.

It is reported that after deducting issuance costs, the raised funds will be used for the production construction projects of intelligent sensing lidar and vehicle thermal management micro motors, laser equipment galvanometer systems, automotive micro motor and component production bases and laboratory construction projects, overseas production base construction projects, smart factory upgrade and transformation projects, robot operation control component R&D center construction projects, and to supplement working capital

### Related Stocks

- [300660.CN](https://longbridge.com/en/quote/300660.CN.md)

## Related News & Research

- [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md)
- [Strix Discloses Trust-Led Share Tender by Non-Executive Director](https://longbridge.com/en/news/286884952.md)
- [UPI changed how India pays; it can drive the future of borrowing](https://longbridge.com/en/news/286677065.md)
- [Indonesia’s investment app Pluang raises $10M, expands into equities marketGrows**](https://longbridge.com/en/news/286855201.md)
- [12:20 ETAmerican Residential Services, LLC. Continues to Expand with the Acquisition of Tipping Hat Plumbing, Heating & Electric](https://longbridge.com/en/news/286944525.md)