Keboda: Plans to Raise No More Than RMB 1.491 Billion through Private Placement for Projects Such as the Expansion of Intelligent Driving Domain Controller Product Capacity
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Author:小编   

On October 23, Keboda announced that it plans to raise funds from unspecified objects by issuing convertible corporate bonds, with a total amount not exceeding RMB 1.491 billion. After deducting issuance expenses, the funds will be used for multiple projects, including the capacity expansion of automotive central computing platforms and intelligent driving domain controller products at Keboda Intelligent Technology (Anhui) Co., Ltd., the base construction (Phase II) and capacity expansion of automotive electronic products at Keboda (Anhui) Automotive Electronics Co., Ltd., the capacity expansion of automotive electronic products at Zhejiang Keboda Industrial Co., Ltd., the headquarters technology R&D and informatization construction project at Keboda Technology Co., Ltd., as well as supplementing working capital.