On December 31, GLONGHUI Co., Ltd. (603501.SH) announced that the company's public issuance of convertible corporate bonds (hereinafter referred to as “convertible bonds”) and the “wafer color filter and microlens packaging project” has been implemented and reached the expected state of use. After the “wafer color filter and microlens packaging project” is completed, all of the company's convertible bond raising projects have been implemented and completed.
As of December 30, 2024, the total amount of funds raised from the company's convertible bond raising project was 380.3644 million yuan (including interest income; the actual amount is based on the balance of the special account on the day the funds were transferred out), accounting for 15.93% of the net amount raised. The company plans to permanently supplement the working capital raised from these savings.
