Sanxin Medical (300453.SZ) plans to issue convertible bonds to raise funds of up to 530 million yuan.

China Times Financial APP News, Sanxin Medical (300453.SZ) disclosed the plan to issue convertible corporate bonds to unspecified objects. The company plans to issue convertible bonds to raise a total of no more than 530 million yuan (including the principal). The initial conversion price shall not be lower than the average trading price of the company's stock for the previous twenty trading days before the announcement date of the prospectus and the average trading price of the company's stock for the previous trading day.