On November 14, Liteon Photoelectric unveiled its intention to issue convertible bonds, with the goal of raising a maximum of 766 million yuan. In English business contexts, "unveiled its intention" is a more natural and formal way to express the announcement of a plan compared to a simple "announced its plan".

The raised funds are earmarked for several key projects. Firstly, they will support the construction of Production Workshop 1, 3, and 4 Projects within the Pucheng Liteon Photoelectric New Material Production and R&D Base Construction Project. This shows the company's long - term commitment to expanding its production capacity and research capabilities in the new material sector.

Secondly, the funds will be utilized for the digital and intelligent upgrade and renovation project of the production workshops in Pucheng Liteon. In the current era of Industry 4.0, digital and intelligent upgrades are crucial for enhancing production efficiency and product quality, which is in line with global industry trends.

Thirdly, part of the money will go towards the innovation platform construction project for perovskite material R&D and device verification. Perovskite materials have shown great potential in the field of optoelectronics, and this investment demonstrates Liteon Photoelectric's focus on cutting - edge research and development.

Finally, a portion of the funds will be used to supplement working capital, ensuring the smooth operation of the company's daily business activities.