Core Viewpoint - The company, Naipu Mining Machinery, is planning to enhance its overseas market presence by issuing convertible bonds to raise up to 450 million yuan for a new manufacturing project in Peru and to supplement working capital [1][2]. Group 1: Financing and Investment - Naipu Mining Machinery intends to issue convertible bonds with a total amount not exceeding 450 million yuan, with 325 million yuan allocated for a new materials manufacturing project in Peru [2]. - The total investment for the Peru project is 571 million yuan, and upon full operation, it is expected to generate annual sales revenue of 506 million yuan and a net profit of approximately 66.15 million yuan [2]. - The company has previously raised funds through convertible bonds, totaling 1.22 billion yuan since its IPO in 2020 [3]. Group 2: Revenue and Profitability - In 2024, Naipu Mining Machinery achieved a record high revenue of 1.122 billion yuan, marking a year-on-year increase of 19.62%, with net profit rising by 45.46% to 116 million yuan [4]. - The company's overseas revenue reached 758 million yuan in 2024, accounting for 67.61% of total revenue, an increase of 12.26 percentage points from 2023 [4]. Group 3: Strategic Development - The company is focusing on international expansion, with ongoing projects in Zambia, Chile, and Peru, which will enhance production capacity and support a global strategic layout [5]. - Naipu Mining Machinery has consistently increased its R&D investment, totaling 143 million yuan over five years, reflecting its commitment to innovation in polymer composite materials for mineral processing [5].