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Damon Technology: Plans to issue up to 702 million yuan in convertible bonds for embodied intelligence system R&D and other projects

Damon Technology announced a plan to issue convertible corporate bonds to unspecified targets, with total proceeds not exceeding 702 million yuan. The proceeds will be used to expand a production and R&D project for core components of intelligent logistics equipment, build an R&D center project for intelligent logistics equipment and embodied intelligence systems, construct a production project for industrial intelligent data collection terminals, expand a project for energy-saving integrated permanent magnet motors (Phase I), and supplement working capital.

Part of the event: Dema Technology plans to issue convertible bonds of no more than 702 million yuan

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