Wanshang Technology: terminate the issuance of convertible corporate bonds to unspecified entities.

On September 26, Wanxiang Technology announced that the situation at the company's production base in South China has changed significantly since the disclosure of the plan. Considering the subsequent cost of capital and combining with its own actual situation, the company has decided to terminate the issuance of convertible corporate bonds to unspecified objects. At the same time, the company plans to terminate the "Construction of new micro lithium-ion battery and precision parts production project" and use the remaining raised funds to permanently supplement working capital, as the existing capacity is already able to meet customer development and production needs for a certain period of time.