Langxin Technology intends to issue no more than 800 million yuan of convertible bonds, and one of the raised projects is based on technical capabilities such as blockchain

On February 22, Langxin Technology (300682) disclosed the plan for the public issuance of convertible corporate bonds, and it plans to raise no more than 800 million yuan of funds. One of the raised projects is the construction period of a 3 year R & D project with a total investment of 317 million yuan. This project combines the advantages of the Langxin industry field to create an industry cloud. Based on cloud computing, big data, the Internet of Things, artificial intelligence, blockchain and other technical service capabilities, it promotes data sharing in the industry and helps industry customers convert data into services and improve Business value.