Core Viewpoint - Aike Technology plans to issue convertible bonds to raise up to 311 million yuan for projects aimed at enhancing its smart cutting equipment capabilities and improving liquidity [1] Group 1: Company Overview - Aike Technology specializes in providing non-metal smart cutting equipment, leveraging its proprietary smart cutting CNC industrial software system and precision motion control technology [1] - The company focuses on research and innovation in precision smart cutting processes within the non-metal materials manufacturing sector, covering various disciplines such as industrial software, algorithm optimization, and machine vision [1] Group 2: Fundraising Projects - The largest allocation of the raised funds, 226 million yuan, will be directed towards the new smart equipment industrialization base project, which aims to develop an AI model for the non-metal cutting industry and new automated cutting equipment for digital printing and textile industries [2] - This project is expected to enhance the production capacity of high-end products, optimize product structure, and expand the market for high-end intelligent cutting equipment [2] Group 3: Industry Insights - The smart cutting equipment industry is experiencing positive growth, driven by the increasing demand for automation and intelligent transformation in manufacturing [2] - There is a rising need for high precision, efficiency, and quality in cutting processes, leading to advancements in smart cutting equipment towards high precision, speed, and stability [2] - AI is anticipated to empower the smart cutting industry comprehensively, enabling a shift from traditional manufacturing to intelligent manufacturing, thereby enhancing overall industry competitiveness [3]