Beijing Telesound Electronics Co.Ltd(003004) disclose the plan for public issuance of convertible corporate bonds, and plan 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: financial Associated Press)
