Zhongding Corporation (000887.SZ) intends to issue convertible bonds to raise funds of no more than 2.5 billion yuan.

Wisdom Finance APP News, Zhongding Shares (000887.SZ) announced that the company plans to issue convertible corporate bonds, with a total fundraising amount not exceeding 2.5 billion yuan (including the principal). After deducting issuance expenses, the funds will be used for the following purposes: intelligent robot core joint and body manufacturing projects, intelligent thermal management system assembly projects, new energy vehicle intelligent chassis system research and development settlement center projects, and supplemental working capital.