South China Technology: Plans to issue convertible corporate bonds to raise funds of no more than 1.933 billion yuan.

Nanxin Technology Announcement: The company plans to issue convertible corporate bonds to unspecified recipients, with a total fundraising amount not exceeding 1.933 billion yuan. The net proceeds from the fundraising, after deducting issuance expenses, will be used for research and industrialization projects in the fields of intelligent computing power management chips, onboard chip development and industrialization projects, and research and industrialization projects for sensors and control chips for industrial applications. The size of this convertible corporate bond issuance will not exceed 1.933 billion yuan, with a face value of 100 yuan and a term of six years from the date of issuance. The convertible corporate bonds issued this time will pay interest annually, and the principal of the unpaid convertible corporate bonds will be repaid at maturity along with the final year's interest. The conversion period will be from six months after the end of the convertible corporate bond issue date to the maturity date of the convertible corporate bonds.