Huichuangda (300909.SZ) plans to issue convertible bonds to raise no more than 650 million yuan.

The Smart Finance and Economics APP news, Huichuangda (300909.SZ) disclosed a preliminary plan to issue convertible corporate bonds to unspecified objects. The company plans to issue convertible corporate bonds with a total amount of no more than RMB 650 million (including). The initial conversion price of the convertible bonds issued shall not be lower than the average stock trading price of the company for the previous twenty trading days before the announcement date of the prospectus and the average stock trading price of the company for the previous trading day. The funds raised from this issuance, after deducting issuance expenses, will be used for the "CCS connectors for power batteries and energy storage battery systems" project and the "supplementary working capital" project.