Group 1 - The Shanghai Intelligent Transportation Index (H50035) rose by 0.66% to 1722.24 points, with a trading volume of 7.249 billion yuan [1] - Over the past month, the index has increased by 0.09%, decreased by 2.10% over the last three months, and has risen by 2.03% year-to-date [1] - The index series reflects the performance of listed companies influenced by changes in economic and consumption structures during the urbanization process, focusing on themes such as intensive, intelligent, and green low-carbon development [1] Group 2 - The top ten holdings of the Shanghai Intelligent Transportation Index include SAIC Motor (10.32%), Huayu Automotive (9.49%), Aerospace Electronics (9.01%), Hongfa Technology (8.87%), and others [1] - The index is composed entirely of stocks listed on the Shanghai Stock Exchange, with industrial (30.40%), consumer discretionary (30.09%), information technology (27.24%), and communication services (12.27%) sectors represented [2] - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2]

Group 1 - Hubei Province's direct financing has maintained a high level of around 800 billion yuan for three consecutive years, with nearly 80% of listed companies achieving profitability [1][2] - As of June 30, 2025, Hubei has 191 listed companies, ranking 10th nationally, with 153 domestic and 38 overseas listings [2][3] - The province has a reserve of 1,355 "gold and silver seed" enterprises to support more quality companies to go public [1][4] Group 2 - In Q1 2025, over 70% of Hubei's listed companies were profitable, with notable companies like Jiuzhoutong, CITIC Special Steel, and Wentai Technology reporting revenues exceeding 10 billion yuan [3] - The top ten companies by revenue in Hubei all exceeded 4 billion yuan, indicating strong performance in the region [3] - Hubei has implemented a comprehensive service system for companies to enter the multi-level capital market, aiming to enhance the quality of enterprises [4] Group 3 - Hubei's capital market reforms have led to 20 new listings and approvals annually from 2021 to 2023, with the province ranking 6th nationally for new listings in 2024 [2] - The province aims to achieve five major goals by 2030, including increasing the total number of listed companies and ensuring coverage across all regions [4]

Summary of Key Points Core Viewpoint - The announcement provides an update on the conversion of convertible bonds into common shares by Hongfa Technology Co., Ltd, highlighting the low conversion rate and the remaining unconverted bonds. Convertible Bond Issuance Overview - The company issued convertible bonds amounting to 2 billion yuan, which began trading on November 23, 2021, with an initial conversion price of 72.28 yuan per share [2]. - The conversion period for the bonds is from May 5, 2022, to October 27, 2027 [3]. Conversion Status - As of June 30, 2025, a total of 521,000 yuan worth of convertible bonds have been converted into 8,345 shares, representing 0.001% of the total shares before conversion [1][3]. - The amount of unconverted convertible bonds stands at 1,999,479,000 yuan, which is 99.9740% of the total issuance [1][3]. Share Capital Changes - The total share capital before the conversion was 1,042,676,326 shares. After the conversion and capital increase, the total share capital is now 1,459,746,940 shares [6]. - The company decided to increase capital by 0.4 shares for each share held, resulting in an increase of 417,070,554 shares [6]. Other Information - The company has provided contact information for investor inquiries, indicating a commitment to transparency [7].

| 股票代码：600885 | 公司简称：宏发股份 | 公告编号：临 2025-030 | | --- | --- | --- | | 转债代码：110082 | 转债简称：宏发转债 | | 宏发科技股份有限公司 可转债转股结果暨股份变动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 累计转股情况：宏发转债自 2022 年 5 月 5 日进入转股期，截至 2025 年 6 月 30 日，累计有 521,000 元宏发转债转换为公司普通股股票，累计转股数 8,345 股，占可转债转 股前公司已发行股份总额的 0.001%。 ● 未转股可转债情况：截至2025年6月30日，尚未转股的可转债金额为1,999,479,000 元，占可转债发行总量的 99.9740%。 ● 2025 年度第二季度转股情况：本季度可转债转股的金额为 2000 元，因转股形成的 股份数量为 60 股。 一、可转债发行上市概况 宏发科技股份有限公司（以下简称"公司"）经中国证券监督管理委员会《关于核准宏发 科技股份有限公司公开发行可 ...

Group 1 - The company, Hongfa Technology Co., Ltd., issued convertible bonds with a total face value of 2 billion RMB, approved by the China Securities Regulatory Commission [4][25][19] - The bonds were issued on November 3, 2021, with a total of 20 million bonds at a price of 100 RMB each, raising a net amount of approximately 1.97 billion RMB after deducting issuance costs [4][25][29] - The bonds have a maturity period of 6 years, with an annual interest rate that increases from 0.3% in the first year to 2.0% in the sixth year [5][29] Group 2 - The initial conversion price for the bonds was set at 72.28 RMB per share, which has been adjusted to 32.32 RMB per share as of November 2024 [30][32] - The company reported a net profit attributable to shareholders of 1.63 billion RMB for the year, representing a year-on-year increase of 17.09% [21][24] - The company’s total revenue for the year reached approximately 14.1 billion RMB, reflecting a growth of 9.07% compared to the previous year [24][21] Group 3 - The company has established a special account for the management of the raised funds, ensuring that the funds are used specifically for the intended projects [26][18] - The company has a credit rating of AA, with a stable outlook, as assessed by a third-party rating agency [19][28] - As of December 31, 2024, the company has fully utilized the raised funds and completed the closure of the special account [27][28]

证券代码：600885 证券简称：宏发股份 债券代码：110082 债券简称：宏发转债 宏发科技股份有限公司 公开发行可转换公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 二〇二五年六月 1 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"）《宏 发科技股份有限公司可转换公司债券受托管理协议》（以下简称"《受托管理协 议》"）《宏发科技股份有限公司公开发行可转换公司债券募集说明书》（以下简称 "《募集说明书》"）《宏发科技股份有限公司 2024 年年度报告》等相关公开信息 披露文件、第三方中介机构出具的专业意见等，由本期债券受托管理人东方证券 股份有限公司（以下简称"东方证券"）编制。东方证券对本报告中所包含的从 上述文件中引述内容和信息未进行独立验证，也不就该等引述内容和信息的真实 性、准确性和完整性做出任何保证或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为东方证券所作的承诺 或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，东方证 券不承担任何责任。 2 第 ...

| 证券代码：600885 | 证券简称：宏发股份 | 公告编号：2025-029 | | --- | --- | --- | | 债券代码：110082 | 债券简称：宏发转债 | | 宏发科技股份有限公司 证券停复牌情况：适用 因实施 2024 年度权益分派"宏发转债"转股价格调整,本公司的相关证券停复牌 情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 110082 | 宏发转债 | 可转债转股复牌 | | | 2025/6/18 | 2025/6/19 | ● 调整前转股价格：32.32 元/股 宏发科技股份有限公司（以下简称"公司"）经中国证券监督管理委员会《关于核准宏发 科技股份有限公司公开发行可转换公司债券的批复》（证监许可【2021】3145 号）核准，于 2021 年 10 月 28 日公开发行了 2,000 万张可转换公司债券，每张面值 100 元，发行总额 200,000 万元。经上海证券交易所自 ...

重要内容提示： 证券代码：600885 证券简称：宏发股份 公告编号：2025-028 债券代码：110082 债券简称：宏发转债 宏发科技股份有限公司2024年年度权益分派实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 新增无限售 条件流通股 | 现金红利发 放日 | | --- | --- | --- | --- | --- | --- | | | | | | 份上市日 | | | Ａ股 | 2025/6/18 | － | 2025/6/19 | 2025/6/19 | 2025/6/19 | 差异化分红送转： 否 一、 通过分配、转增股本方案的股东大会届次和日期 本次利润分配及转增股本方案经公司2025 年 4 月 21 日的2024年年度股东大会审议通过。 二、 分配、转增股本方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： ...

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual profit distribution plan, resulting in a decrease from 32.32 CNY per share to 22.72 CNY per share, effective from June 19, 2025 [1][4]. Summary by Sections Bond Information - The company issued 20 million convertible bonds with a total value of 200 million CNY on October 28, 2021, with an initial conversion price of 72.28 CNY per share [1]. - The latest conversion price before the adjustment was 32.32 CNY per share [1]. Profit Distribution Plan - The company plans to distribute a total cash dividend of 536,978,215.19 CNY (including tax) based on a total share capital of 1,042,676,146 shares as of December 31, 2024 [2]. - Each share will receive a cash dividend of 0.51500 CNY (including tax) and a capital reserve transfer of 0.4 shares [3]. Conversion Price Adjustment - The conversion price adjustment is based on the profit distribution and capital reserve transfer plan approved at the 2024 annual shareholders' meeting [2]. - The adjustment formula for the conversion price is defined in the company's convertible bond prospectus, taking into account cash dividends and capital increases [4]. - The new conversion price of 22.72 CNY per share was calculated using the formula, effective from June 19, 2025 [4]. Trading Suspension - The convertible bonds will be suspended from conversion from June 10, 2025, until June 18, 2025, and will resume conversion on June 19, 2025 [5].

Core Viewpoint - The announcement details the implementation of the profit distribution and capital increase plan for Hongfa Technology Co., Ltd. for the year 2024, which includes a cash dividend and a stock bonus for shareholders [1][2]. Summary by Sections Profit Distribution and Capital Increase Plan - The total share capital before the distribution is 1,042,676,386 shares, with a cash dividend of 0.51500 CNY per share (tax included) and a capital increase of 0.4 shares per share from capital reserves [2][4]. - The plan was approved at the annual general meeting on April 21, 2025 [1]. Important Dates - The record date for the cash dividend is June 18, 2025, with the last trading day and ex-dividend date both on June 19, 2025 [3][4]. Implementation Method - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [4][5]. - Shareholders who have not completed designated transactions will have their dividends held until such transactions are completed [4]. Taxation Information - For individual shareholders, the tax treatment varies based on the holding period, with a maximum tax rate of 20% for shares held for less than one month and a reduced rate of 10% for shares held between one month and one year [5][6]. - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net cash dividend of 0.4635 CNY per share [5][6]. Changes in Share Capital Structure - After the capital increase, the total number of shares will rise to 1,459,746,940 shares, with the number of unrestricted circulating shares increasing significantly [8]. - The diluted earnings per share for the fiscal year 2024 is projected to be 1.12 CNY based on the new total share capital [8]. Adjustment of Convertible Bonds - The conversion price for the company's convertible bonds will be adjusted from 32.32 CNY per share to 22.72 CNY per share, effective from the ex-dividend date [8].