Dongxu Optoelectronics plans to issue no more than 1 billion corporate bonds

On October 21, Dongxu Optoelectronics (000413) announced on the evening of October 21 that the company intends to issue no more than 1 billion yuan of corporate bonds after the issuance expenses, which is intended to supplement the company's working capital. The bonds are fixed-rate bonds with a maturity of no more than five years (including five years).

In addition, the company plans to set up a wholly-owned subsidiary, Beijing Xufeng Real Estate Co., Ltd., in Beijing Fengtai Science and Technology Park. Mainly engaged in real estate development; property management; engineering consulting.

According to the company, this investment is to make full use of Beijing's advantages in gathering universities at home and abroad, integrate existing universities, research institutes, and research institutions, and establish scientific research and development, training bases and office buildings in Beijing to further consolidate the company's industry superiority. To foster new profit growth points and promote the company's sustained and rapid development.

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