LITE-ON Technology Corporation (688150.SH) is planning to issue convertible bonds to raise funds of up to 766 million yuan.

China Fortune Financial News App News, Laitte Optoelectronics (688150.SH) announced that the company plans to issue convertible bonds, with a total amount of funds raised (including issuance expenses) not exceeding 766 million yuan (including the principal). The net proceeds from the fundraising, after deducting issuance expenses, will be used for: the construction of the production workshops 1, 3, and 4 of the Pucheng Laitte Optoelectronics new materials production research and development base project, the intelligent upgrade and transformation project of Pucheng Laitte production workshops, the construction project of the innovative platform for the research and device verification of perovskite materials, and to supplement working capital.