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

- Source: 36Kr Embodied Intelligence
- Published: 2026-10-19T11:02:25.000Z
- RoboHot: https://robohot.news/en/items/ef25cobpybl503glcvzbalv3b
- Original: https://36kr.com/newsflashes/4032681266795144?f=rss

## Summary

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.