
Sanxin Medtec plans to issue convertible bonds to raise no more than 530 million yuan

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Sanxin Medtec plans to issue convertible corporate bonds to unspecified objects, with a total fundraising amount not exceeding 530 million yuan. The raised funds will be used for the renovation and expansion project of an annual production capacity of 10 million bundles of hemodialysis membranes and instruments, the construction of a high-performance blood purification equipment research and production base, and to supplement working capital. The initial conversion price will be based on the average trading price of the company's stock
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