Chaoyang Technology: plans to issue convertible corporate bonds to raise funds of no more than 520 million yuan.

Chaoyang Technology Announcement: It is planned to issue convertible corporate bonds to unspecified objects to raise funds not exceeding 520 million yuan. After deducting issuance expenses, the funds are planned to be invested in the expansion project of Vietnam's Chaoyang Intelligent Manufacturing, the construction project of intelligent hardware production, the upgrade construction project of the intelligent hardware research institute, and supplementary working capital.