Chengdu Haoneng Technology (603809.SH) plans to issue convertible bonds to raise funds of no more than 1.8 billion yuan.

Chengdu Haoneng Technology (603809.SH) announced that the company plans to issue convertible corporate bonds to unspecified investors, with a total amount not exceeding 1.8 billion yuan. After deducting the issuance expenses, the net proceeds raised will be used for the following purposes: the second phase of the intelligent manufacturing core components project, supplementing working capital, and repaying bank loans.