Ruijie Networks (301165.SZ) plans to issue convertible bonds to raise no more than 2.6 billion yuan.

Zhitong Finance APP news, Ruijie Networks (301165.SZ) announced that the company plans to issue convertible bonds to unspecified targets, with the total amount of funds raised not exceeding 2.6 billion yuan (including this amount). After deducting issuance expenses, the total amount of funds raised will be used for: the research, development and industrialization project of high-speed interconnect network systems for large-scale intelligent computing clusters, the research, development and industrialization project of high-speed network switching units and overall solutions for high-density computing clusters, the research and development project of key technologies for a new generation of computing-network integration, and supplementing working capital.