Tonglian Precision (688210.SH) plans to issue convertible bonds to raise no more than 595 million yuan.

date
17/07/2025
- "Intellinews Financial APP News, Tonglian Precision (688210.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, with a total fundraising amount not exceeding 595 million yuan (including the principal). After deducting issuance expenses, the funds will be used for: the new intelligent terminal zero component (lightweight material) smart manufacturing center project, supplementing working capital, and repaying bank loans."