Fulede (301297.SZ) plans to issue convertible bonds to raise no more than 1.176 billion yuan.

Zhihong Finance APP reports that Fulide (301297.SZ) has released a proposal for the issuance of convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 1.176 billion RMB (including principal). After deducting issuance costs, the raised funds are intended for the following projects: Dalian Fulide Precision Cleaning and Recycling Service Production Line Construction Project, Precision Cleaning and Recycling Service Base (Shanghai Lingang) Construction Project, Semiconductor Equipment Precision Recycling and Ceramic Packaging Substrate Project (Phase One), Precision Cleaning and Recycling Service Base (Shenzhen) Construction Project, High-Process Precision Components Annual Repair Project for Semiconductor Equipment (400,000 pieces), Precision Cleaning and Recycling Service Base (Wuhan) Construction Project, and Precision Components Production, Repair and Recycling Construction Project.