Shenyu Technology (300953.SZ) plans to issue convertible bonds to raise funds of up to 1.88 billion yuan.

This is the news from Shanghai Securities News APP. Shenyu Technology (300953.SZ) has released a pre-disclosure of issuing convertible corporate bonds to unspecified objects. The total amount of funds raised in this issue will not exceed 1.88 billion yuan (including the base amount). After deducting the issuance expenses, the net funds raised are planned to be invested in the following projects: lithium battery precision structural parts expansion project, humanoid robot precision module and parts industrialization project (phase one), motor core expansion project (phase one), and supplementary working capital.