Zhongding Shares (000887.SZ) announced that the company plans to issue convertible corporate bonds to unspecified objects, with a total amount of funds raised not exceeding 2.5 billion yuan. The raised funds will be used for projects such as the manufacturing of core joints and bodies for intelligent robots, the assembly project of intelligent thermal management systems, the R&D and settlement center project for intelligent chassis systems of new energy vehicles, as well as to supplement working capital.
