Shanghai V-Test Semiconductor Tech plans to issue convertible bonds to raise funds of up to 2 billion yuan.
GreatTech Technology (688372.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, with a total fundraising amount not exceeding 2 billion yuan (including the face value). After deducting issuance expenses, the funds raised are intended for use in the following projects: the headquarters base project in Shanghai, the Southwest headquarters and R&D testing base project, repayment of bank loans, and additional working capital.
Shanghai V-Test Semiconductor Tech. (688372.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, with a total amount raised not exceeding 2 billion yuan (including the principal). After deducting issuance expenses, the raised funds will be used for the following purposes: the Shanghai headquarters base project of Shanghai V-Test Semiconductor Tech., the Southwest headquarters and research and development testing base project, repayment of bank loans, and supplementing working capital.
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