Core Viewpoint - The company, Tai Rui Machinery Co., Ltd., is issuing convertible bonds to unspecified objects, with a focus on enhancing its financial stability and expanding its production capacity in the injection molding equipment sector [5][6][7]. Company Overview - Tai Rui Machinery specializes in the research, production, and sales of injection molding equipment, holding a significant market share in the domestic mid-to-high-end market [2][17]. - The company has established a strong presence in overseas markets, with sales in countries such as Portugal, South Korea, Brazil, and Mexico, contributing to 44.84% of its total revenue in 2024 [24][25]. Financial Performance - The company reported a revenue of 11.48 billion yuan in 2024, reflecting a year-on-year increase of 14.59% [18]. - The net profit for 2024 was approximately 3.53 billion yuan, indicating stable profitability despite slight fluctuations in profit margins [8][18]. Production Capacity and Projects - The company is developing a large-scale integrated intelligent manufacturing base, which is expected to enhance its production capacity significantly, with an annual output of 5,000 injection molding machines and 29 die-casting machines [6][20]. - As of March 2025, the project has seen an investment of 3.85 billion yuan, with a total investment of 7.98 billion yuan planned [6][7]. Market Environment - The injection molding equipment industry is experiencing robust growth, driven by demand from sectors such as automotive and home appliances, with the automotive sector alone accounting for over 50% of the demand [11][12]. - The global injection molding machine market is projected to reach approximately 15.86 billion USD by 2030, with a compound annual growth rate of 5.63% [12]. Risks and Challenges - The company faces significant competition in the injection molding market, primarily from international firms that dominate the high-end segment [17][16]. - Cost control remains a challenge due to fluctuating raw material prices, which constitute about 87% of the company's operating costs [25][26]. Future Outlook - The company is expected to maintain stable credit quality in the coming months, with ongoing projects and market demand supporting its financial health [2][3]. - The injection molding equipment sector is anticipated to benefit from government policies aimed at promoting high-quality development and technological innovation [14][15].

泰瑞机器股份有限公司 内部编号:2025070202 除因本次评级事项使本评级机构与评级对象构成委托关系外,本评级机构、评级人员与评级对象不存在任何影响 评级行为独立、客观、公正的关联关系。 本评级机构与评级人员履行了调查和诚信义务,所出具的评级报告遵循了真实、客观、公正的原则。 本报告的评级结论是本评级机构依据合理的内部信用评级标准和程序做出的独立判断,未因评级对象和其他任 何组织或个人的不当影响改变评级意见。 本次跟踪评级依据评级对象及其相关方提供或已经正式对外公布的信息，相关信息的真实性、准确性和完整性由 资料提供方或发布方负责。本评级机构合理采信其他专业机构出具的专业意见,但不对专业机构出具的专业意见 承担任何责任。 本报告并非是某种决策的结论、建议。本评级机构不对发行人使用或引用本报告产生的任何后果承担责任，也不 对任何投资者的投资行为和投资损失承担责任。本报告的评级结论及相关分析并非对评级对象的鉴证意见。鉴于 信用评级工作特性及受客观条件影响,本报告在资料信息获取、评级方法与模型、未来事项预测评估等方面存在 局限性。 向不特定对象发行可转换公司债券 定期跟踪评级报告 项目负责人: 翁斯詰 嵇敏珍 ...

Group 1 - The company is currently involved in a lawsuit as the plaintiff, with the case at the first-instance judgment stage [1][2] - The company has leased a property to Hangzhou Aodu Commercial Management Co., Ltd. for a total amount of 168.83 million yuan over a 10-year period [1] - The lessee has defaulted on rental payments, prompting the company to take measures to urge compliance with the contract [2] Group 2 - The first-instance judgment has been received, ordering the lessee to pay overdue rent and related fees totaling 2,050,230 yuan, along with an additional 26,122.80 yuan for unpaid electricity fees [2] - The company is responsible for a portion of the case acceptance fee, amounting to 5,746 yuan, while the lessee is liable for the remaining costs [2] - The judgment is not yet effective, and the parties have the right to appeal within 15 days of receiving the judgment [2][3]

| | | 泰瑞机器股份有限公司 关于公司对外出租部分房产暨涉及诉讼的进展公告 一、合同基本情况及履约进展 泰瑞机器股份有限公司（以下简称"公司"或"泰瑞机器"）将位于杭州钱 塘区下沙街道文泽北路 245 号的房产出租给杭州奥都商业管理有限公司（以下简 称"奥都商业"）用于经营，租赁面积 41,500 平方米，租期 10 年，出租总金额 为 16,883.12 万元（含税）。具体内容详见公司于 2024 年 7 月 27 日在指定信息 披露媒体披露的《关于公司及子公司签署租赁合同暨对外出租部分房产的公告》 （公告编号：2024-063）。 因承租人奥都商业逾期支付租赁费用，公司已多次约谈承租人，协商合同后 续履约事宜，并已采取合同约定的措施催告承租人。具体内容详见公司于 2025 年 4 月 10 日在指定信息披露媒体披露的《关于公司对外出租部分房产的进展暨 风险提示的公告》（公告编号：2025-016）。 二、诉讼一审判决情况 债券代码：113686 债券简称：泰瑞转债 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个别及连带责任。 ...

Group 1 - The announcement indicates a change in the equity stake of a major shareholder, TEDERIC TECHNOLOGY LIMITED, which decreased from 14.24% to 13.96% [1][2] - The reduction in shareholding is planned to occur between April 28, 2025, and July 7, 2025, with a maximum reduction of 0.60% of the total share capital [1][2] - The company confirms that this change does not violate any existing commitments or trigger mandatory tender offer obligations [1][2] Group 2 - TEDERIC TECHNOLOGY LIMITED is the only entity involved in this shareholding change, with no associated parties [1][2] - The company will comply with relevant regulations, including the Securities Law of the People's Republic of China and the Interim Measures for the Management of Shareholders' Reduction of Shares [2]

| 证券代码：603289 | 证券简称：泰瑞机器 | 公告编号：2025-039 | | --- | --- | --- | | 债券代码：113686 | 债券简称：泰瑞转债 | | 泰瑞机器股份有限公司 关于持股 5%以上股东权益变动触及 1%刻度的提示性公告 TEDERIC TECHNOLOGY LIMITED 保证向本公司提供的信息真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息 一致。 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 | | □控股股东/实际控制人及其一致行动人 | | --- | --- | | | 5%以上大股东及其一致行动人 其他 | | 投资者及其一致行动人的身份 | □合并口径第一大股东及其一致行动人（仅适用 | | | 于无控股股东、实际控制人） | | | □其他______________（请注明） | 2.信息披露义务人信息 | | | 重要内容提示： 权益变动方向 比例增加□ 比例减少 权益变动前合计比例 14.24% 权益变动后合计比例 13.96% 本次变动是否违反已作出的承 ...

Summary of Key Points Core Viewpoint - The announcement provides an update on the conversion results of the convertible bonds issued by Tederic Machinery Co., Ltd. for the second quarter of 2025, highlighting the amount converted and the remaining unconverted bonds. Group 1: Convertible Bond Issuance Overview - Tederic Machinery Co., Ltd. received approval from the China Securities Regulatory Commission to issue convertible bonds, with a total amount of 337.8 million yuan, which began trading on July 24, 2024 [2]. - The bonds have a maturity period of six years, starting from the issuance date [3]. Group 2: Conversion Status - As of June 30, 2025, a total of 1,218,000 yuan of "Tederic Convertible Bonds" has been converted into company shares, resulting in 146,753 shares, which represents 0.05% of the total shares outstanding before conversion [1][4]. - During the second quarter of 2025, from April 1 to June 30, 45,000 yuan of the convertible bonds were converted, resulting in 5,441 new shares [4]. Group 3: Remaining Convertible Bonds - As of June 30, 2025, the amount of unconverted "Tederic Convertible Bonds" stands at 336,582,000 yuan, accounting for 99.64% of the total issuance [1][4]. Group 4: Share Capital Changes - The company's share capital structure changed as follows: before conversion, there were 293,362,512 shares, and after conversion, the total increased to 293,367,953 shares due to the issuance of 5,441 new shares [4].

| 证券代码：603289 | 证券简称：泰瑞机器 | 公告编号：2025-038 | | --- | --- | --- | | 债券代码：113686 | 债券简称：泰瑞转债 | | 重要内容提示： 累计转股情况：截至 2025 年 6 月 30 日，已累计 1,218,000 元"泰瑞转 债"转换成泰瑞机器股份有限公司（以下简称"本公司"或"公司"）股份，因 转股形成的股份数量为 146,753 股，占可转债转股前公司已发行股份总额的 0.05%。 未转股可转债情况：截至 2025 年 6 月 30 日，公司尚未转股的"泰瑞转 债"金额为 336,582,000 元，占"泰瑞转债"发行总量的 99.64%。 本季度转股情况：自 2025 年 4 月 1 日至 2025 年 6 月 30 日，共有 45,000 元"泰瑞转债"已转换成公司股份，本期因转股形成的股份数量为 5,441 股。 泰瑞机器股份有限公司 关于 2025 年第二季度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。 一、可转债 ...

Group 1 - The company issued 3,378,000 convertible bonds on July 2, 2024, raising a total of RMB 33,780.00 million, with a net amount of RMB 33,552.93 million after deducting issuance costs [1][2][11] - The bonds have a maturity period of six years, from July 2, 2024, to July 1, 2030, with an annual interest rate that increases from 0.30% in the first year to 2.50% in the sixth year [2][3][4] - The initial conversion price for the bonds is set at RMB 8.29 per share, subject to adjustments based on specific corporate actions [4][6][18] Group 2 - The company reported a revenue of RMB 1,148,111,105.33 in 2024, a 14.59% increase from the previous year, while the net profit attributable to shareholders decreased by 4.23% to RMB 82,208,555.25 [13][14] - As of the end of 2024, total assets amounted to RMB 2,960,122,406.05, with total equity attributable to shareholders at RMB 1,428,961,079.68, reflecting a 2.41% increase [13][14] - The company has committed to using the raised funds primarily for the construction of an integrated intelligent manufacturing base and high-end equipment projects, with a total investment of RMB 89,759.88 million [11][12]

证券简称：泰瑞机器 证券代码：603289 债券简称：泰瑞转债 债券代码：113686 财通证券股份有限公司 关于 泰瑞机器股份有限公司 向不特定对象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 声 明 本报告依据《公司债券发行与交易管理办法》《公司债券受托管理人执业行 为准则》《泰瑞机器股份有限公司与财通证券股份有限公司关于泰瑞机器股份有 限公司 2023 年向不特定对象发行可转换公司债券之受托管理协议》（以下简称 "《债券受托管理协议》"）《泰瑞机器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》（（以下简称"《募集说明书》"）等公开信息披露文件 以及泰瑞机器股份有限公司出具的相关公告、说明文件等，由债券受托管理人财 通证券股份有限公司（以下简称"财通证券"）编制。 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财通证券所作的承诺 或声明。 1 | 声 | 明 1 | | | --- | --- | --- | | 目 | 录 2 | | | 第一节 | 本次债券概况 3 | | ...