Jenn Feng Industrial Tools Co., Ltd. announced a private placement to issue 30,000,000 common share and convertible corporate bonds on April 11, 2024. The issuance period of the bonds 7-10 years, the board of directors is authorized to set it based on market conditions. The annual coupon interest rate is tentatively set at 0-2%.

The face value of the bond is TWD 100,000. The transaction has been approved by the shareholders of the company.