On January 9, Beijing Telesound Electronics Co.Ltd(003004) disclosed the plan for public issuance of convertible corporate bonds, and planned to issue convertible corporate bonds with a total amount of no more than RMB 280 million. The total amount of funds raised from the public issuance of convertible corporate bonds will not exceed 280 million yuan. After deducting the issuance expenses, it will be used for the construction project of shengxun central China regional headquarters (Changsha) and the construction project of shengxun intelligent security inspection equipment manufacturing center.
(source: interface News)