Trinity Forging: Plans to issue convertible bonds to raise up to 6.5 billion yuan.
Sanlian Forging announced on the evening of August 27 that the company plans to issue convertible bonds to raise a total of no more than 650 million yuan, which will be used for the precision machining of new energy vehicle components, the production of lightweight forged parts for automobiles, the research and development of precision forging components, the production base project for automotive precision forging parts in Morocco, and to supplement working capital.
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