ZheJiang ZhongKe Magnetic Co. Ltd. A301141
▲ PositiveCapitalrelevance
Plans convertible bond issue to raise funds for expansion and working capital.

Zhongke Magnetics announced plans to issue convertible bonds to raise up to 609 million yuan. The funds will be used for a smart manufacturing and industrialization project of high-performance rare earth permanent magnet components for thermal management systems and robots, as well as to supplement working capital.
ZheJiang ZhongKe Magnetic Co. Ltd. APlans convertible bond issue to raise funds for expansion and working capital.