On September 18, 2026, Ruijie Networks (301165.SZ) made an announcement detailing its plan to issue convertible bonds to unspecified entities, aiming to raise a total amount not surpassing 2.6 billion yuan. The proceeds from this bond issuance will be allocated towards several key initiatives, including the development of a high-speed interconnected network system tailored for large-scale intelligent computing clusters, the creation of high-speed network switching units along with comprehensive solutions for high-density computing clusters, and the advancement of research and development efforts focused on integrating next-generation computing and networking technologies. Additionally, a portion of the funds will be utilized to bolster the company's working capital. This strategic move has already received the green light from the company's board of directors. However, it still necessitates further approvals, including those from state-owned asset supervision bodies, deliberation at the shareholders' meeting, review by the Shenzhen Stock Exchange, and ultimately, consent for registration from the China Securities Regulatory Commission.