SONAVOX(688533) 中国经济网·2025-05-13 07:15Core Viewpoint - The company, Shangsheng Electronics, announced a plan to issue convertible bonds to unspecified investors, aiming to raise a total of up to 330 million yuan for various projects and working capital [1][2]. Group 1: Convertible Bond Issuance - The company plans to issue convertible bonds with a face value of 100 yuan each, with a total issuance amount not exceeding 330 million yuan [2][4]. - The bonds will have a term of six years and will be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board [1]. - The initial conversion price will be determined based on the average trading price of the company's stock over the 20 trading days prior to the announcement [1][2]. Group 2: Fund Allocation - The raised funds will be allocated to three main projects: 1. Speaker Intelligent Manufacturing Technology Upgrade Project with a total investment of 37.41 million yuan, using 26 million yuan from the raised funds [3]. 2. In-vehicle Digital Audio and Video Technology Industrialization Project with a total investment of 2.15 million yuan, using 2 million yuan from the raised funds [3]. 3. Supplementing working capital with 5 million yuan from the raised funds [3]. - The total investment for these projects amounts to 44.55 million yuan, with the raised funds covering 33 million yuan [3]. Group 3: Financial Performance - In the first quarter of 2025, the company reported a revenue of 636 million yuan, a year-on-year increase of 6.4% [5]. - The net profit attributable to shareholders decreased by 53.27% to 27.33 million yuan [5]. - The net cash flow from operating activities was reported at 77.63 million yuan [5].