Lingbo Electronics (300975.SZ) plans to issue convertible bonds of no more than 1 billion yuan to acquire the equity of the distributor of IC products, Ligong Technology.

Zhicheng Finance and Economics APP News, Sanlord Electronics (300975.SZ) announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount of not more than 1 billion yuan, including the issuance expenses. After deducting the fundraising expenses, the company intends to use all the proceeds to acquire equity projects of Ligon Technology and supplement working capital.