On the evening of the 10th, Haohan Depth (688292) issued an announcement that it intends to issue 35,429,000 yuan of convertible corporate bonds to unspecified objects. The issuance has been approved for registration by the China Securities Regulatory Commission and has attracted much attention from the market.

According to the announcement, the issuance of convertible bonds will be preferentially placed to the original shareholders, and the remaining part will be sold to public investors through the Internet, and the company and the sponsor Guojin Securities Co., Ltd. will hold an online roadshow on March 12.

Judging from the financial data, the company has developed well in recent years. From 2021 to 2023, the company's operating income will be 409.746 million yuan, 449.2822 million yuan, and 520.4997 million yuan respectively, showing a steady growth trend; Net profit also remained at a high level, showing the company's strong profitability. From January to June 2021 to 2024, the proportions of R&D expenses to operating income were 15.89%, 16.36%, 19.26% and 21.08% respectively, continuously improving its technological innovation capabilities.

The proceeds from the offering will be used for a number of key projects. Among them, the "Public Internet Security Monitoring System R&D and Industrialization Project" has a total planned investment of 211.7223 million yuan, and 146.1909 million yuan of raised funds are planned to be used; The total planned investment of the "R&D and Construction Project of Deep Synthesis Counterfeit Detection System" is 305.2949 million yuan, and the raised funds are planned to be 203.8091 million yuan; Another 4.29 million yuan is intended to be used to supplement liquidity.

It is understood that the global cybersecurity market is recovering, and the market size is expected to reach US$373.29 billion by 2028. The fundraising project closely focuses on the company's main business, which is in line with the industrial policy and the company's strategic direction. For example, the R&D project of public Internet security monitoring system will help the company respond to national policies, grasp market opportunities, optimize product performance, and improve network security monitoring and protection capabilities; The R&D project of deep synthesis counterfeit detection system can help companies grasp new opportunities in the development of network technology, enrich product categories, and meet regulatory requirements.

The issuance of convertible bonds is of great significance to the vast depth. On the one hand, it will help the company improve its comprehensive R&D and independent innovation capabilities, enrich product lines, enhance operational efficiency, and enhance market competitiveness. On the other hand, after the raised funds are in place, the company's monetary funds, total assets and total liabilities will increase, the asset-liability ratio will be reduced after the convertible bond is converted into equity, the capital structure will be optimized, and the ability to resist risks will be improved. (Chen Xi).