FilingReader Intelligence
ZTE raises $494m through convertible bonds for R&D
August 5, 2025 at 05:17 PM UTC•By 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
Primary Source Document
SZSE:000063•Shenzhen Stock Exchange
News Alerts
Get instant email alerts when ZTE Corporation publishes news
Free account required • Unsubscribe anytime