Qiangda Circuit (301628.SZ) plans to issue convertible bonds to raise funds of no more than 550 million yuan.

Zhijing Finance APP News, Qiangda Circuit (301628.SZ) announced the plan to issue convertible corporate bonds to unspecified objects. The total amount of funds raised in this issue of convertible corporate bonds shall not exceed RMB 550 million (including principal). The net proceeds from the capital raised, after deducting issuance expenses, are intended to be used for the production of 960,000 square meters of multilayer boards and HDI boards at Nantong Qiangda Circuit Technology Co., Ltd.