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Zhaofeng Shares Unveils Plan to Raise Up to 1.4 Billion Yuan for Key Projects: Embodied Intelligent Robot Industrialization and High-End Precision Components for Automotive Intelligent Driving
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Author：小编
Zhaofeng Shares (300695.SZ) has announced that on June 23, its board of directors greenlit a proposal to issue convertible corporate bonds to unspecified investors, with the objective of raising up to 1.4 billion yuan. Following the deduction of issuance expenses, the raised capital will be allocated to two pivotal projects: the industrialization of embodied intelligent robots and the production of high-end precision components for automotive intelligent driving (with a planned investment of 1.104 billion yuan), as well as the construction project for precision transmission modules (with a planned investment of 296 million yuan). This strategic plan is subject to approval at the upcoming shareholders' meeting.
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