Summary by Futu AI
SHANGHAI FUDAN MICROELECTRONICS GROUP CO., LTD. (“SHANGHAI FUDAN”) ANNOUNCED ON APRIL 8, 2024 THAT IT WILL ISSUE A SHARE CONVERTIBLE CORPORATE BONDS TO UNSPECIFIED PARTIES. The project is sponsored by CITIC Securities Co., Ltd., as Issuer Sponsor. This issuance of transferable debt will be used for next-generation FPGA platform development and industrialization projects, intelligent reconfigurable SoC platform development and industrialization projects, new process platform memory development and industrialization projects, new high-end security controller development and industrialization projects, and IoT infrastructure chip development and industry Optimize the project. Shanghai Fudan said that the fundraising will help improve the company's core technology level and product competitiveness, promote the development of the main business, and promote the continuous improvement of the company...Show More