Suzhou TZTEK Technology (688003.SH) plans to issue convertible bonds to raise funds of up to 900 million yuan.

Suzhou TZTEK Technology (688003.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, raising a total amount of funds not exceeding 900 million yuan. The net proceeds raised after deducting issuance costs will be used for the research and industrialization projects of industrial vision equipment and precision measurement instruments, semiconductor testing equipment, and research and industrialization projects of intelligent driving and body intelligent controllers.