Core Viewpoint - The public letter from a former employee of Jingwang Electronics highlights serious workplace issues, including labor contract disputes, workplace bullying, and the protection of female employees' rights, which has drawn significant public attention [3][21][25]. Group 1: Employee's Experience and Allegations - The former employee, Jiang Jingyi, joined Jingwang Electronics in 2022 and claims to have restructured the securities department successfully [4][48]. - Jiang reported excellent performance, receiving an "A" in annual performance and leading her team to win multiple awards [5][48]. - In June 2025, without prior communication, the company allegedly revoked her access to work software and issued a termination notice [7][48]. - After submitting her pregnancy proof, HR still sent her a notice of non-renewal of her labor contract, which violates labor laws protecting pregnant employees [9][10][48]. Group 2: Workplace Environment and Company Culture - Jiang criticized the company for regressing in its treatment of female employees, noting the reduction of employee benefits such as transportation and the neglect of facilities like the nursing room [22][55]. - There has been an increase in complaints regarding overtime and employee treatment within the company [23][55]. - Jiang's public letter calls for a return to a more compassionate corporate culture that respects the rights and needs of female employees [25][55]. Group 3: Impact on Company Reputation and Market Response - The incident has raised concerns about Jingwang Electronics' human resource management and its implications for the company's public image and investor confidence [41][42]. - Despite the controversy, the company's stock price remained relatively stable, closing at 72.64 yuan per share, with a market capitalization of 68.459 billion yuan [33][36]. - Market analysts suggest that if the allegations are proven true, the company may face labor arbitration and regulatory scrutiny [35].

重要内容提示： 截至 2025 年 9 月 19 日收市后，距离 9 月 25 日（"景 23 转债"最后交易日， 含当日）仅剩 4 个交易日，9 月 25 日为"景 23 转债"最后一个交易日。 最后转股日：2025 年 9 月 30 日 截至 2025 年 9 月 19 日收市后，距离 9 月 30 日（"景 23 转债"最后转股日， 含当日）仅剩 7 个交易日，9 月 30 日为"景 23 转债"最后一个转股日。 | 证券代码：603228 | 证券简称：景旺电子 | 公告编号：2025-109 | | --- | --- | --- | | 债券代码：113669 | 债券简称：景 转债 23 | | 深圳市景旺电子股份有限公司 关于实施"景 23 转债"赎回暨摘牌的第二次提示性 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。 本次提前赎回完成后，"景 23 转债"将自 2025 年 10 月 9 日起在上海证 券交易所（以下简称"上交所"）摘牌。 敬请广大投资者详细了解可转债相关规定，注意投资风险。 自 202 ...

Core Viewpoint - Jingwang Electronics announced that investors holding "Jing 23 Convertible Bonds" can either continue trading in the secondary market within the specified time or convert at a price of 23.91 CNY per share. If forced redemption occurs, investors may face significant losses [1] Group 1 - Investors can choose to trade in the secondary market or convert bonds at a price of 23.91 CNY per share [1] - If investors do not take action, they will be forced to redeem the bonds at a face value of 100 CNY plus accrued interest, totaling 100.515 CNY per bond [1] - The announcement highlights the potential for substantial investment losses if forced redemption occurs [1]

| 证券代码：603228 | 证券简称：景旺电子 | | | --- | --- | --- | | 债券代码：113669 | 债券简称：景 转债 23 | | | | | 公告编号：2025-108 | 深圳市景旺电子股份有限公司 关于实施"景 23 转债"赎回暨摘牌的第一次提示性 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： 截至 2025 年 9 月 18 日收市后，距离 9 月 25 日（"景 23 转债"最后交易日， 含当日）仅剩 5 个交易日，9 月 25 日为"景 23 转债"最后一个交易日。 最后转股日：2025 年 9 月 30 日 截至 2025 年 9 月 18 日收市后，距离 9 月 30 日（"景 23 转债"最后转股日， 含当日）仅剩 8 个交易日，9 月 30 日为"景 23 转债"最后一个转股日。 本次提前赎回完成后，"景 23 转债"将自 2025 年 10 月 9 日起在上海证 券交易所（以下简称"上交所"）摘牌。 投资者所持的"景 23 转债"除在规定时限内通过 ...

Group 1 - The stock price of Jingwang Electronics increased by 3.72%, reaching 75.83 yuan per share, marking a new high [1] - The total market capitalization of the company surpassed 714.65 billion yuan [1] - The trading volume amounted to 20.53 billion yuan [1]

Core Viewpoint - Shenzhen Kinwong Electronics Co., Ltd. has announced the early redemption and delisting of its convertible bond "Jing 23 Convertible Bond" due to the triggering of conditional redemption clauses based on stock price performance [1][2][3] Redemption Details - The last trading day for "Jing 23 Convertible Bond" is September 25, 2025, with only 6 trading days remaining as of September 17, 2025 [2][18] - The last conversion date is September 30, 2025, with 9 trading days remaining as of September 17, 2025 [3][18] - The redemption price is set at 100.515 CNY per bond, which includes accrued interest [10][12] - The redemption date is October 9, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [19][16] Conditions for Redemption - The conditional redemption was triggered as the company's stock price was above 130% of the conversion price for 15 trading days within a 30-day period [5][8] - The company has decided to exercise its right to redeem the bonds early to reduce financial costs and optimize its capital structure [6][8] Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [4][21] - The accrued interest calculation for the bonds is based on a 1.0% annual interest rate over 188 days [10][11] Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of 100.412 CNY per bond after tax [13][14]

New Stock Issuance - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 12 trading days remaining until the last trading day during the delisting arrangement period[1] Trading Alerts - *ST Jishi Media (601929) reported severe abnormal fluctuations in stock price[1] - *ST Yushun (002289) and *ST Weier (002058) are under scrutiny due to abnormal trading activities[1] Company Announcements - *ST Gao Hong (000851) and *ST Dongtong (300379) have recent announcements regarding their financial status[1] - Shanghai Construction (600170) and Zhongke Shuguang (603019) have disclosed important updates on their operations[1] Market Trends - The report indicates a trend of increased scrutiny on companies with abnormal trading patterns, reflecting a tightening regulatory environment[2] - The number of companies under cash option declarations and delisting arrangements suggests a potential increase in market volatility[1]

| 证券代码：603228 | 证券简称：景旺电子 | 公告编号：2025-107 | | --- | --- | --- | | 债券代码：113669 | 债券简称：景 转债 23 | | 深圳市景旺电子股份有限公司 关于实施"景 23 转债"赎回暨摘牌的公告 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： 证券停复牌情况：适用 因提前赎回"景 23 转债",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 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 期间 | 止日 | | | 113669 | 景 23 | 转债 | 可转债债券停牌 | 2025/9/26 | | | | 截至 2025 年 9 月 17 日收市后，距离 9 月 25 日（"景 23 转债"最后交易日， 含当日）仅剩 6 个交易日，9 月 25 日为"景 23 转债"最后一个 ...

New Stock Issuance - Jin Hua New Material (920015) issued at a price of 18.15[1] - Jianfa Zhixin (301584) issued at a price of 7.05[1] Market Alerts - Cash option declaration period for *ST Tianmao (000627) from September 15 to September 19, 2025[1] - 13 trading days remaining for the delisting period of Zitian Tui (300280)[1] - Severe abnormal fluctuation reported for Jishi Media (601929)[1] Other Announcements - Multiple companies including Shanghai Construction (600170) and Zhongke Shuguang (603019) have recent announcements linked[1] - Various stocks are under scrutiny for abnormal trading activities, including *ST Yu Shun (002289) and ST Huaneng (000851)[3]

New Stock Issuance - New stock issuance for 联合动力 (code: 301656) at a price of 12.48 on September 15, 2025[1] - *ST天茂 (code: 000627) has a cash option declaration period from September 15 to September 19, 2025[1] - 紫天退 (code: 300280) has 14 trading days remaining until the last trading day during the delisting period[1] Market Alerts - 先导智能 (code: 300450) reported severe abnormal fluctuations[2] - 杭可科技 (code: 688006) and 新华锦 (code: 600735) have recent announcements regarding trading activities[1] - 退市整理期 for multiple stocks including *ST威尔 (code: 002058) and 新炬网络 (code: 605398) has been noted[1] Trading Insights - Significant trading activity observed in stocks like 工业富联 (code: 601138) and 景旺电子 (code: 603228) with recent announcements[1] - The report includes links to detailed announcements for various stocks, indicating ongoing market developments[1]