Aoshikang (002913.SZ) has made an announcement regarding its strategic move. The company intends to issue convertible corporate bonds, with a value capped at 1 billion yuan, to unspecified entities. The primary purpose of this financial maneuver is to fund a high - end printed circuit board (PCB) project, which entails a total investment of 1.82 billion yuan.

This project is firmly centered around Aoshikang's core PCB business. Its overarching goal is to establish high - end PCB production capabilities. Once fully operational, the project is projected to have an annual production capacity of 840,000 square meters of high - multi - layer boards and HDI (High - Density Interconnect) boards. This output is designed to cater to the burgeoning demand in the downstream market, which has been witnessing rapid growth.

Moreover, the project is anticipated to bring about a significant improvement in the company's product portfolio. By introducing more high - end products, it will enhance Aoshikang's overall competitiveness in the fiercely contested PCB market.