Fulin Precision (300432.SZ) plans to issue convertible bonds to raise funds of up to 1.252 billion yuan.

Fulin Precision (300432.SZ) disclosed a plan to issue convertible corporate bonds to unspecified objects for the 2024 fiscal year. The company plans to raise a total of up to 1.252 billion yuan (including) from the issuance to unspecified objects, with the net proceeds after deducting issuance expenses to be used for the new energy vehicle electric drive system multi-in-one powertrain and key components project, intelligent suspension system key components project, Siasun Robot & Automation integrated electric joint project, high-efficiency energy-saving hybrid engine key components project, and intelligent factory construction project.