Guoke Tiancheng: intends to issue convertible bonds not exceeding 850 million yuan for use in multiple project construction.

Guoketiancheng announced that the company plans to issue A-share convertible corporate bonds to unspecified investors, raising funds of up to 850 million yuan, which will be used for the construction of five projects including non-cryogenic infrared detectors after deducting issuance costs. The company's revenue for the years 2023 to 2025 is projected to be 702 million yuan, 961 million yuan, and 1.103 billion yuan respectively. This issuance will broaden the industrial chain, optimize layout, enhance overall competitiveness and profitability. Although some financial indicators may decline in the short term, it will improve the level of sustainable operation and profitability in the long term.