On June 1, China leading precision stamping dies and precision metal stamping structural parts manufacturer GDXX Precision Machinery Group issued an announcement: GDXX will issue convertible corporate bonds with a total raised capital of no more than about 647 million yuan, net of raised funds after deducting issuance costs It is planned to invest in the following projects: about 317 million yuan for NBXX precision metal structural parts production base construction project; about 222 million yuan for GDXX technology large-scale high-quality precision automotive molds and parts technical transformation project; 108 million yuan for supplementary working capital .
GDXX is a leading Manufacturer of large-scale automotive precision molds such as ultra-high-strength steel plates and lightweight components of new energy vehicles such as aluminum-magnesium alloy in China.
Customer Reference
