On July 31, 2026, Keboda Technology Co., Ltd. (“Keboda”, stock code: 603786.SH) successfully completed its public offering of convertible corporate bonds, raising CNY 1.491 billion. Fangda Partners acted as legal counsel to the issuer in the offering.
Keboda is a systems solutions provider specializing in intelligent and energy-efficient automotive electronic components. Leveraging its global automotive industry platform, Keboda actively competes in high-end global markets, focusing on technological innovation and industrialization of automotive electronics and related products in intelligent fields. Keboda is committed to becoming an innovative and competitive world-class enterprise within the high-end automotive electronics supply chain.
Keboda engages in research, development, production and sale of automotive electronic products, including lighting control systems, motor control systems, energy management systems, on-board electrical and electronic systems, central computing platforms and intelligent driving domain controllers. Its product portfolio includes LED light source controllers, LED ambient lighting controllers, LED taillight controllers, control systems for small- and medium-sized motors, mechatronic products, DC/DC converter modules, chassis domain controllers, body domain controllers, solenoid valve controllers, automotive central computing platforms and intelligent driving domain controllers. Keboda is one of the few Chinese automotive electronics companies to have entered the global supply systems of internationally renowned automotive OEMs and to participate in the concurrent development of automotive electronic components.
The proceeds from the offering will be used to fund the following purposes: the expansion of production capacity for automotive central computing platforms and intelligent driving domain control products at Keboda Intelligent Technology (Anhui) Co., Ltd.; the phase II construction for the production base of Keboda (Anhui) Automotive Electronics Co., Ltd. and the expansion of its automotive electronics production capacity; the expansion of automotive electronics production capacity at Zhejiang Keboda Industrial Co., Ltd.; the technological research and development and information technology infrastructure projects at Keboda’s headquarters; and the replenishment of working capital.
Fangda acted as the legal counsel to the issuer and provided comprehensive legal services throughout the offering. The team was led by partners Aaron CHEN and Jane CHEN. Team members included WU Cheng, Chazz MA and Alex ZENG.
