Core Viewpoint - The company Diwei (688377.SH) has announced a plan to issue convertible bonds to unspecified investors, with the total amount not exceeding RMB 907.70 million, aimed at funding precision manufacturing projects for deep-sea pressure components and key parts for industrial gas turbines [1][2]. Group 1: Convertible Bond Issuance - The convertible bonds will be issued at a face value of RMB 100.00 each, with a term of six years from the issuance date [1]. - The initial conversion price will be determined based on the average trading price of the company's stock over the 20 trading days prior to the announcement [1]. - The issuance will be prioritized for existing shareholders, who have the right to waive their allocation [3]. Group 2: Fund Allocation - The total investment for the projects is RMB 930.88 million, with the funds raised from the bond issuance allocated as follows: - RMB 282.65 million for the deep-sea pressure components precision manufacturing project - RMB 625.05 million for the industrial gas turbine key components precision manufacturing project [2][3]. Group 3: Financial Performance - For the third quarter of 2025, the company reported revenue of RMB 310 million, a year-on-year increase of 33.94%, and a net profit attributable to shareholders of RMB 38.19 million, up 359.71% [9]. - Year-to-date revenue reached RMB 873 million, reflecting a 9.86% increase, with a net profit of RMB 89.71 million, a 40.59% rise [9].