Heertai announced that the board of directors of the company reviewed and approved a plan for the non-public issuance of scientific and technological innovation exchangeable corporate bonds. The total amount of issuance shall not exceed 2.2 billion yuan, and the period shall not exceed 3 years. The funds raised will be used to repay bank loans after deducting issuance fees. The underlying stock is Chengchang Technology's A-share stock, and the bill still needs to be submitted to the shareholders' meeting for consideration.

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