| 证券代码：600888 | 证券简称：新疆众和 | 公告编号：2026-005 | | --- | --- | --- | | 债券代码：110094 | 债券简称：众和转债 | | 新疆众和股份有限公司 关于控股股东因可转债转股持股比例被动稀释 权益变动触及 1%刻度的提示性公告 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： 本次权益变动原因：新疆众和股份有限公司（以下简称"公司"）可转债转 股使得公司总股本增加，导致控股股东特变电工股份有限公司（以下简称"特 变电工"）持股比例由 36.81%被动稀释至 36.00%，触及 1%的整数倍，不涉 及持股数量发生变化。 一、可转债发行上市情况 - 1 - 文同意，公司发行的 1,375 万张可转换公司债券于 2023 年 8 月 14 日起在上交所 挂牌交易，债券简称"众和转债"，债券代码"110094"。 根据有关规定和《新疆众和股份有限公司向不特定对象发行可转换公司债券 募集说明书》的约定，公司本次发行的"众和转债"自 2024 年 1 月 24 日起 ...

Core Viewpoint - Xinjiang Zhonghe (600888) has shown active stock performance in the past week, with a trend of upward fluctuations, closing at 8.91 yuan on February 12, marking a daily increase of 1.25% and a cumulative increase of 4.45% over the past five days [1][2]. Group 1: Stock Performance - As of February 12, the stock price of Xinjiang Zhonghe was reported at 8.91 yuan, with a single-day increase of 1.25% [1]. - The stock has experienced a net inflow of 2.78 million yuan in main funds on February 12, continuing the net inflow trend from the previous day [1]. - A significant block trade of 2.64 million yuan occurred on February 11 [1]. Group 2: Institutional Insights - According to a report by Shenwan Hongyuan, the non-ferrous metal sector remains robust, with Xinjiang Zhonghe expected to see a quarter-on-quarter earnings growth rate of over 50% in Q4 2025, driven by rising aluminum prices and cost optimization [2]. - The report highlights a tightening supply-demand balance in aluminum, suggesting a long-term upward price trend that will support the company's profitability [2]. - The comprehensive target price set by institutions for Xinjiang Zhonghe is 8.91 yuan, which aligns with the current stock price [2]. Group 3: Financial Report Analysis - For the first three quarters of 2025, Xinjiang Zhonghe reported revenue of 5.957 billion yuan, reflecting a year-on-year growth of 8.22%, while the net profit attributable to shareholders was 531 million yuan, down 39.20% year-on-year due to reduced investment income and rising costs [3]. - In Q3 2025, the company recorded revenue of 1.954 billion yuan and a net profit of 139 million yuan, showing a year-on-year decline of 40.94% [3]. - The company's alumina project is anticipated to become a future profit growth driver [3].

Group 1 - The core transaction of Xinjiang Zhonghe involved 300,000 shares traded at a total value of 2.64 million yuan, representing 0.8% of the total trading volume for the day [1][2] - The transaction price was 8.8 yuan, which was consistent with the market closing price of 8.8 yuan [1][2]

Core Viewpoint - The company, Xinjiang Zhonghe Co., Ltd., has triggered the conditional redemption of its convertible bonds, "Zhonghe Convertible Bonds," due to the stock price meeting specific criteria, leading to a decision to redeem all outstanding bonds at face value plus accrued interest [2][7]. Group 1: Convertible Bond Redemption Announcement - The company’s stock has closed at or above 130% of the current conversion price of 6.65 CNY per share for 15 out of 20 trading days from January 13, 2026, to February 9, 2026, triggering the redemption clause [2][7]. - The board of directors convened on February 9, 2026, and approved the early redemption of the "Zhonghe Convertible Bonds," deciding to exercise the redemption rights [2][7]. Group 2: Convertible Bond Issuance and Terms - The company issued 13.75 million convertible bonds on July 18, 2023, with a total amount of 137.5 million CNY and a maturity period of six years [3]. - The bonds have a tiered interest rate structure, starting at 0.2% in the first year and increasing to 2.0% in the sixth year [3]. Group 3: Conversion Price Adjustments - The initial conversion price was set at 8.20 CNY per share, which has been adjusted down to 6.65 CNY per share through several resolutions and dividend distributions [5][6]. - The conversion price adjustments were made following shareholder meetings and dividend announcements, reflecting changes in the company's financial distributions [5][6]. Group 4: Regulatory Compliance - The company’s actions regarding the early redemption of the convertible bonds have been reviewed and deemed compliant with relevant regulations and the terms outlined in the offering prospectus [9][10].

Core Viewpoint - Xinjiang Zhonghe announced the decision to exercise the early redemption of "Zhonghe Convertible Bonds" at the board meeting held on February 9, 2026, which will redeem all registered bonds at face value plus accrued interest [2] Group 1 - The company will hold its first temporary board meeting of the tenth session on February 9, 2026 [2] - The board approved the proposal for the early redemption of "Zhonghe Convertible Bonds" [2] - The redemption will occur at the price of the bond's face value plus the interest accrued up to the redemption registration date [2]

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： | 证券代码：600888 | 证券简称：新疆众和 | 编号：临 | 号 2026-004 | | --- | --- | --- | --- | | 债券代码：110094 | 债券简称：众和转债 | | | 新疆众和股份有限公司关于提前赎回"众和转债"的 公告 一、可转债发行上市概况 （一）可转债发行概况 经中国证券监督管理委员会证监许可〔2023〕1445号文同意注册，公司于2023 年7月18日发行了1,375万张可转换公司债券，每张面值100元，发行总额 - 1 - "众和转债"的初始转股价格为8.20元/股，最新转股价格为6.65元/股，历次 转股价格调整情况如下： 1、公司于2024年2月2日召开了2024年第一次临时股东大会，以特别决议审 议通过了《公司关于向下修正"众和转债"转股价格的议案》；公司于2024年2 月2日召开第九届董事会2024年第三次临时会议，审议《公司关于确定向下修正 "众和转债"转股价格的议案》；根据《募集说明书》的相关条款及 ...

国信证券股份有限公司 关于新疆众和股份有限公司 提前赎回"众和转债"的核查意见 国信证券股份有限公司（以下简称"国信证券"、"保荐人"、"保荐机构"） 作为新疆众和股份有限公司（以下简称"新疆众和"或"公司"）向不特定对象 发行可转换公司债券的保荐人，根据《证券发行上市保荐业务管理办法》《可转 换公司债券管理办法》《上海证券交易所上市公司自律监管指引第 12 号——可转 换公司债券》等相关法律法规及规范性文件的规定，对新疆众和提前赎回"众和 转债"的事项进行了审慎核查，具体核查情况如下： 一、可转债发行上市概况 （一）可转债发行概况 经中国证券监督管理委员会证监许可〔2023〕1445 号文同意注册，公司于 2023 年 7 月 18 日发行了 1,375 万张可转换公司债券，每张面值 100 元，发行总 额 137,500.00 万元。本次发行的可转债期限为自发行之日起 6 年，即自 2023 年 7 月 18 日至 2029 年 7 月 17 日，票面利率为第一年 0.2%、第二年 0.4%、第三年 0.8%、第四年 1.5%、第五年 1.8%、第六年 2.0%。 （二）可转债上市概况 经上海证券交易所（ ...

Group 1 - The industrial metal sector increased by 2.62% on January 29, with Yiqiu Resources leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] - Notable gainers in the industrial metal sector included Yiqiu Resources, which rose by 10.08% to a closing price of 4.37, and Tongling Nonferrous Metals, which increased by 10.06% to 9.19 [1] Group 2 - The industrial metal sector experienced a net outflow of 7.772 billion yuan from institutional investors, while retail investors saw a net inflow of 6.846 billion yuan [2] - The top losers in the industrial metal sector included Yian Technology, which fell by 6.03% to a closing price of 16.82, and Guocheng Mining, which decreased by 5.63% to 29.14 [2] Group 3 - Major stocks with significant net inflows included Ding Sheng New Materials, which had a net inflow of 138 million yuan, and Yiqiu Resources with a net inflow of 128 million yuan [3] - Conversely, stocks like Yunnan Copper experienced a net outflow of 226 million yuan from speculative funds [3]

Core Viewpoint - The company, Xinjiang Zhonghe, has announced that its convertible bonds, "Zhonghe Convertible Bonds," are expected to meet the redemption conditions based on stock price performance [2][8]. Group 1: Convertible Bond Issuance and Listing Overview - The company issued 13.75 million convertible bonds on July 18, 2023, with a total amount of 137.5 million yuan and a maturity period of 6 years [3]. - The bonds were listed on the Shanghai Stock Exchange on August 14, 2023, under the name "Zhonghe Convertible Bonds" and code "110094" [4]. Group 2: Convertible Bond Conversion Price Adjustment - The initial conversion price was set at 8.20 yuan per share, which has been adjusted down to 6.65 yuan per share through several adjustments due to dividend distributions [5]. - The conversion price adjustments occurred on specific dates, reflecting the company's dividend payouts, with the latest adjustment made after the 2024 annual profit distribution [5]. Group 3: Redemption Terms and Expected Trigger Conditions - The company has conditional redemption terms for the convertible bonds, allowing the board to redeem all or part of the bonds if the stock price exceeds 130% of the conversion price for a specified number of trading days [6]. - As of January 13, 2026, the stock price has been above 8.65 yuan for 10 trading days, and if it remains above this threshold for 5 out of the next 18 trading days, the redemption terms will be triggered [8].

Core Viewpoint - Xinjiang Zhonghe announced that from January 13, 2026, to January 28, 2026, if the company's stock closes at or above 130% of the current conversion price of "Zhonghe Convertible Bonds" (8.65 CNY/share) for 10 trading days, it may trigger the conditional redemption clause of the bonds [1] Group 1 - The stock must close at or above 8.65 CNY/share for 5 out of 18 consecutive trading days to trigger the redemption clause [1] - The board of directors has the authority to decide on the redemption of all or part of the unconverted convertible bonds at face value plus accrued interest [1]