Union Precision plans to issue convertible bonds to raise no more than 595 million yuan
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, Union Precision announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 595 million yuan (including principal). After deducting issuance costs, the funds will be used for: the smart manufacturing center project for new intelligent terminal components (lightweight materials), replenishing working capital, and repaying bank loans
According to the announcement from Zhitong Finance APP, Union Precision (688210.SH) plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 595 million yuan (including principal). After deducting issuance costs, the funds will be used for: the smart manufacturing center project for new intelligent terminal components (lightweight materials), replenishing working capital, and repaying bank loans