Guangyun CB Raises 710 Million Yuan

Reported 7 months ago

Guangyun Group (6125) is planning for new business ventures by conducting a cash capital increase and issuing 600 million yuan worth of unsecured convertible corporate bonds (CB). The CB fundraising has concluded with a confirmed price of 114 yuan, with a bid price of 118.47 yuan, raising a total of 7.1 billion yuan. Guangyun is set to have a closing payment date for the CB on the 14th and is scheduled to be listed for trading on the 21st. Their new endeavors in thermal management, particularly in liquid cooling technology, have attracted attention, showcasing various applications from enterprise machine rooms, data centers, to 5G base stations. The company also introduced AI-driven solutions and a logistics center AI FACTORY solution at their recent participation in COMPUTEX 2024, focusing on innovative cooling systems and automated equipment.

Source: YAHOO

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