TZTEK(SH:688003) Sou Hu Cai Jing·2025-12-29 09:20Core Viewpoint - Tianzhun Technology (688003) has announced the issuance of convertible bonds totaling 872 million yuan, which will be listed on the Shenzhen Stock Exchange on December 31, 2025 [1][2]. Group 1: Bond Issuance Details - The total amount of the convertible bonds issued by Tianzhun Technology is 872 million yuan (872,000 bonds) [1][2]. - Existing shareholders have priority in the subscription, with 755,820 bonds (755.82 million yuan), accounting for approximately 86.68% of the total issuance [2]. - Public investors subscribed to 113,505 bonds (113.505 million yuan), representing about 13.02% of the total issuance, while the lead underwriter subscribed to 2,675 bonds (2.675 million yuan), making up 0.31% of the total [2]. Group 2: Company Overview - Tianzhun Technology is a well-known visual equipment platform enterprise in China, focusing on the application of artificial intelligence technology to promote industrial digitalization [2]. - The company serves various industrial sectors, including electronics, semiconductors, and new energy vehicles, providing leading high-end visual equipment products [2]. - In the electronics sector, Tianzhun Technology is a core supplier of visual equipment, offering high-end visual measurement, inspection, and process equipment [2]. Group 3: Fund Utilization - The funds raised from the bond issuance will be allocated to several projects, including the R&D and industrialization of industrial visual equipment and precision measurement instruments [3]. - The semiconductor measurement equipment project aims to tackle key technologies and promote the localization of core components, enhancing the company's competitiveness in the semiconductor measurement field [3]. - The smart driving and embodied intelligent controller project focuses on developing foundational software and hardware platforms, facilitating the implementation of domestic chip platforms in smart driving applications [3].