Mankun(SZ:301132) Zhong Guo Jing Ji Wang·2025-10-16 06:27Core Viewpoint - Mankun Technology (301132.SZ) announced a plan to issue convertible bonds to unspecified investors, aiming to raise up to RMB 76 million for projects in Thailand and digital upgrades [1][3]. Group 1: Fundraising Details - The total amount to be raised from the issuance of convertible bonds is capped at RMB 76 million, which will be used for a high-end printed circuit board production base in Thailand and an intelligent and digital upgrade project [1][3]. - The high-end printed circuit board production base project has a total investment of RMB 50.175 billion, with RMB 47 million planned to be funded from the bond issuance [3]. - The intelligent and digital upgrade project has a total investment of RMB 30.455 billion, with RMB 29 million planned to be funded from the bond issuance [3]. Group 2: Bond Characteristics - The convertible bonds will be issued at par value, with each bond having a face value of RMB 100, and will have a term of six years from the date of issuance [4]. - The bonds will pay interest annually, with the principal and final year's interest due at maturity [4]. - The conversion period for the bonds will start six months after issuance and will last until the maturity date [4]. Group 3: Issuance Process - The specific issuance method will be determined by the board of directors, authorized by the shareholders' meeting [5]. - The bonds will be offered to existing shareholders on a priority basis, who may choose to waive their rights [5]. - The bonds will not be secured, and a credit rating report will be provided by a hired rating agency [5]. Group 4: Company Background - Mankun Technology was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on August 10, 2022, with an initial public offering of 36.87 million shares, accounting for 25% of the total share capital post-IPO [7]. - The company raised a total of RMB 98.812 million during its IPO, with a net amount of RMB 87.444 million after deducting issuance costs [6]. - Mankun Technology is primarily engaged in the manufacturing of computers, communications, and other electronic devices, and is based in Ji'an, Jiangxi Province [7].