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FST Plans to Raise Up to RMB 446 Million for Fluid Transmission Intelligent Manufacturing Base Project and Other Initiatives
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Author：小编
The board of directors of FST has reviewed and approved a proposal to issue convertible bonds to unspecified targets, with a total issuance amount not exceeding RMB 446 million and a term of six years. The proceeds will be allocated to the fluid transmission intelligent manufacturing base project, the data center pipeline project, and working capital supplementation. The plan remains subject to review by the shareholders' meeting and can only be implemented after approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.
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