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Tonhe Technology: Proposes to Secure Up to 522 Million Yuan for Projects Involving R&D and Manufacturing of Power Supply, Distribution Systems, and Data Center Modules
5 hour ago /
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Author：小编
Tonhe Technology has made an announcement stating that its board of directors has given the green light to a proposal for issuing convertible bonds to unspecified entities, with the objective of raising funds not surpassing 522 million yuan. The majority of these funds will be earmarked for the R&D and manufacturing initiatives related to power supply and distribution systems, as well as modules tailored for data centers. The remaining funds will be utilized to bolster the company's working capital reserves.
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