Bailong Innovation Park (605016.SH) plans to issue convertible bonds to raise funds of up to 7.48 billion yuan.

Zhtng Cijng App news, Bai Long Innovation Park (605016.SH) announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount of no more than 748 million yuan (including the principal). After deducting relevant issuance expenses, the funds raised are planned to be fully invested in: Thailand's Dajianxe New Food Raw Materials Smart Factory Project, and the Functional Sugar Drying Expansion and Comprehensive Enhancement Project.