Guangxi Wuzhou Communications (600368.SH) plans to issue convertible bonds to raise funds of no more than 3 billion yuan.

Guangxi Wuzhou Communications (600368.SH) announces the proposal to issue convertible corporate bonds to unspecified investors. The company plans to issue convertible bonds totaling no more than 3 billion yuan (including). After deducting issuance expenses, the funds will be invested in the expansion and construction project of the G80 Guangzhou-Kunming Expressway from Nanning to Baise (Tanluo to Baise section).