Doctorglasses Chain (300622.SZ) plans to issue convertible bonds to raise funds of up to 375 million yuan.

Doctorglasses Chain (300622.SZ) disclosed the plan to issue convertible corporate bonds to unspecified investors. The company plans to issue convertible corporate bonds, raising funds not exceeding 375 million yuan. The initial conversion price of the convertible bonds shall not be lower than the average trading price of the company's A shares for the twenty trading days prior to the announcement date of the prospectus and the trading day immediately preceding the announcement date of the prospectus. The net proceeds from this issuance, after deducting issuance expenses, are intended to be used for the construction and upgrading of smart eyewear stores, headquarters operation and management center and brand building project, digital platform upgrading project, and supplementing working capital.