Gian(SZ:300709) Zhong Guo Jing Ji Wang·2025-08-04 03:05Core Viewpoint - The company Jingyan Technology (300709) plans to issue convertible bonds to raise funds for various projects, including the production of precision MIM components for new consumer electronics and data servers, as well as the construction of its headquarters and R&D center [1][2]. Group 1: Convertible Bond Issuance - The company intends to issue convertible bonds with a face value of 100 yuan each, with a total fundraising amount not exceeding 577.89 million yuan [2][4]. - The bonds will have a term of six years and will be listed on the Shenzhen Stock Exchange's Growth Enterprise Market [1]. - The initial conversion price will be determined based on the average stock price over the 20 trading days prior to the announcement, ensuring it does not fall below the latest audited net asset value per share [1][2]. Group 2: Fund Allocation - The total investment for the projects funded by the bond issuance is approximately 588.42 million yuan, with the following allocations: - New consumer electronics and data server precision MIM components production project: 405.34 million yuan - Headquarters and R&D center construction project: 122.06 million yuan - Precision mold center construction project: 61.02 million yuan [4]. - The net proceeds from the bond issuance will be used specifically for these projects after deducting issuance costs [2][4]. Group 3: Shareholder Rights and Prioritization - Existing shareholders will have priority in the allocation of the convertible bonds, with specific ratios to be determined by the board of directors [4]. - The bonds will not be guaranteed, and a qualified credit rating agency will conduct credit ratings and follow-up ratings for the bonds [4].