FilingReader Intelligence

ZTE raises $494m through convertible bonds for R&D

August 5, 2025 at 05:17 PM UTCBy FilingReader AI

ZTE Corporation completed a 3.58 billion yuan zero-coupon convertible bond issuance, raising net proceeds of approximately $494 million. The funds will finance research and development for computing power products.

The bonds mature in 2030 and will begin trading on the Hong Kong Stock Exchange on August 6.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000063Shenzhen Stock Exchange

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