Core Viewpoint - The stock of Honghui Fruits and Vegetables has experienced a significant increase of 127.63% year-to-date, but has recently seen a decline of 3.38% over the past five trading days, indicating volatility in its performance [2]. Company Overview - Honghui Fruits and Vegetables Co., Ltd. was established on December 10, 1992, and listed on November 24, 2016. The company is located in Longhu District, Shantou City, Guangdong Province [2]. - The main business involves the management of fruit and vegetable products, including planting, post-harvest acquisition, pre-cooling, frozen storage, sorting, processing, packaging, and cold chain distribution. Key products include various high-quality fruits and vegetables from both domestic and imported sources [2]. - The revenue composition of the company is as follows: fruits 76.18%, frozen meat 16.50%, frozen foods 2.98%, vegetables 2.33%, cooking oil 1.60%, and others 0.41% [2]. Financial Performance - As of June 30, the number of shareholders for Honghui Fruits and Vegetables was 30,600, a decrease of 10.66% from the previous period. The average circulating shares per person increased by 11.93% to 18,647 shares [3]. - For the first half of 2025, the company achieved a revenue of 470 million yuan, representing a year-on-year growth of 7.86%. However, the net profit attributable to shareholders decreased by 44.82% to 6.92 million yuan [3]. Market Activity - On September 22, the stock price of Honghui Fruits and Vegetables fell by 2.02%, trading at 9.72 yuan per share with a total transaction volume of 111 million yuan and a turnover rate of 1.86%. The total market capitalization is 5.917 billion yuan [1]. - In terms of capital flow, there was a net outflow of 4.5122 million yuan from major funds, with large orders accounting for 19.51% of purchases and 22.96% of sales [1]. Dividend Information - Since its A-share listing, Honghui Fruits and Vegetables has distributed a total of 136 million yuan in dividends, with 15.3556 million yuan distributed over the past three years [4].

Core Viewpoint - The company has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for 15 consecutive trading days, leading to the decision to redeem all outstanding convertible bonds [2][3]. Redemption Details - The company decided to exercise its right to redeem the "Honghui Convertible Bonds" at a price of 101.6849 yuan per bond, which includes the principal and accrued interest [5][9]. - The total amount to be redeemed is 419,958.79 yuan, covering 413,000 yuan (4,130 bonds) [6][12]. - The redemption date is set for September 19, 2025, with the bonds ceasing to trade from September 16, 2025 [11][12]. Impact on Company - The redemption will increase the company's total share capital to 608,718,945 shares, which may dilute earnings per share in the short term but is expected to strengthen the company's capital structure and reduce future interest expenses [13]. - The redemption will not significantly impact the company's cash flow [13]. Shareholder Rights Changes - The redemption and conversion of bonds will lead to a passive dilution of shareholding percentages for shareholders holding more than 5%, but it will not change the control of the company [15].

证券代码：603336 证券简称：宏辉果蔬 公告编号：2025-074 宏辉果蔬股份有限公司 关于"宏辉转债"赎回结果暨股份变动的公告 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个别及连带责任。 重要内容提示： ● 赎回数量：413,000元（4,130张） 一、本次可转债赎回的公告情况 （一）有条件赎回条款满足情况 宏辉果蔬股份有限公司（以下简称"宏辉果蔬"或"公司"）的股票自2025 年07月24日至2025年08月27日已有15个交易日的收盘价格不低于"宏辉转债"当 期转股价格的130%（含130%），即不低于7.61元/股。根据《宏辉果蔬股份有限 公司公开发行可转换公司债券募集说明书》中有条件赎回条款的相关约定，已触 发"宏辉转债"的有条件赎回条款。 （二）本次赎回事项公告披露情况 公司于2025年8月27日召开第五届董事会第二十二次会议，审议通过《关于 提前赎回"宏辉转债"的议案》。公司决定行使"宏辉转债"的提前赎回权，按 照债券面值加当期应计利息的价格对赎回登记日登记在册的"宏辉转债"全部赎 回。 公司于2025年8月2 ...

Core Insights - The apple futures sector experienced a 0.46% increase on September 19, with ST Langyuan leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Sector Performance - The following table summarizes the performance of individual stocks within the apple futures sector: | Code | Name | Closing Price | Change (%) | Volume (thousand) | Turnover (million) | |--------|--------------|---------------|------------|-------------------|---------------------| | 300175 | ST Langyuan | 6.29 | 1.78% | 62.6 | 39.15 | | 603336 | Honghui Fruits| 9.92 | 1.12% | 231.2 | 23.00 | | 605198 | Andeli | 45.88 | 1.06% | 14.7 | 66.93 | | 000902 | Xinyangfeng | 13.85 | 0.44% | 125.0 | 173.00 | | 600962 | Guotou Zhonglu| 20.78 | -0.53% | 35.4 | 73.60 | | 600192 | Great Wall Electric| 9.34 | -1.68% | 115.3 | 108.00 | [1] Capital Flow Analysis - On the same day, the apple futures sector saw a net inflow of 13.52 million yuan from main funds, while retail funds experienced a net outflow of 14.18 million yuan [1] - The following table details the capital flow for individual stocks: | Code | Name | Main Net Inflow (yuan) | Main Net Ratio | Speculative Net Inflow (yuan) | Speculative Net Ratio | Retail Net Inflow (yuan) | Retail Net Ratio | |--------|--------------|------------------------|----------------|-------------------------------|-----------------------|--------------------------|-------------------| | 603336 | Honghui Fruits| 31.40 million | 13.67% | 7.30 million | 3.18% | -38.71 million | -16.85% | | 000902 | Xinyangfeng | 12.92 million | 7.46% | -17.85 million | -10.31% | 0.49 million | 2.85% | | 605198 | Andeli | 3.24 million | 4.85% | 3.11 million | 4.64% | -6.35 million | -9.49% | | 300175 | ST Langyuan | 2.33 million | 5.96% | -0.78 million | -2.00% | -1.55 million | -3.96% | | 600962 | Guotou Zhonglu| -10.30 million | -13.99% | -5.66 million | -7.69% | 15.96 million | 21.68% | | 600192 | Great Wall Electric| -26.09 million | -24.08% | -0.29 million | -0.27% | 26.39 million | 24.35% | [2]

Market Overview - The planting industry sector experienced a slight decline of 0.0% on September 19, with Kangnong Seed Industry leading the drop [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Stock Performance - Notable gainers in the planting industry included: - Xuecheng Biological (300511) with a closing price of 6.20, up 5.98% and a trading volume of 579,900 shares [1] - Xinong Development (600359) closed at 7.23, up 2.41% with a trading volume of 285,000 shares [1] - New Sai Co. (600540) closed at 4.89, up 1.88% with a trading volume of 481,300 shares [1] - Conversely, Kangnong Seed Industry (837403) saw a significant decline of 3.77%, closing at 24.78 with a trading volume of 33,900 shares [2] Capital Flow - The planting industry sector saw a net inflow of main funds amounting to 41.1 million yuan, while retail investors experienced a net outflow of 49.3 million yuan [2] - The main funds' net inflow for Xuecheng Biological was 49.99 million yuan, representing 13.84% of the total, while retail investors had a net outflow of 36.69 million yuan [3] - Notable stocks with significant capital flow included: - Nuofushin (002215) with a main fund net inflow of 40.82 million yuan and a retail net outflow of 24.92 million yuan [3] - Xin Sai Co. (600540) with a main fund net inflow of 32.42 million yuan and a retail net outflow of 39.81 million yuan [3]

Core Viewpoint - Honghui Fruits and Vegetables announced that investors holding convertible bonds can either continue trading in the secondary market within the specified time or convert at a price of 5.85 yuan per share. If forced redemption occurs, investors may face significant losses [2] Summary by Relevant Sections - Convertible Bonds Options: Investors can trade in the secondary market or convert at 5.85 yuan per share. If neither option is exercised, forced redemption will occur at a price of 100 yuan per bond plus accrued interest of 1.6849 yuan per bond, totaling 101.6849 yuan per bond [2] - Potential Investment Losses: The announcement highlights the risk of significant investment losses if forced redemption takes place [2]

| 证券代码：603336 | 证券简称：宏辉果蔬 | 公告编号：2025-073 | | --- | --- | --- | | 转债代码：113565 | 转债简称：宏辉转债 | | 宏辉果蔬股份有限公司 关于实施"宏辉转债"赎回暨摘牌的最后一次提示性 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个别及连带责任。 重要内容提示： ● 赎回登记日：2025 年 9 月 18 日 ● 赎回价格：101.6849 元/张 ● 赎回款发放日：2025 年 9 月 19 日 ● 最后交易日：2025 年 9 月 15 日 自 2025 年 9 月 16 日起，"宏辉转债"停止交易。 ● 最后转股日：2025 年 9 月 18 日 截至 2025 年 9 月 17 日收市后，距离 2025 年 9 月 18 日（"宏辉转债"最后 转股日）仅剩 1 个交易日，2025 年 9 月 18 日为"宏辉转债"最后一个转股日。 ● 本次提前赎回完成后，"宏辉转债"将自 2025 年 09 月 19 日起在上海证 券交易所摘牌。 ● 投资者所持可转 ...

Core Points - Honghui Fruit and Vegetable Co., Ltd. announced the redemption and delisting of "Honghui Convertible Bonds" with a redemption registration date set for September 18, 2025 [1] - The redemption price is set at 101.6849 yuan per bond, with the payment date for the redemption amount on September 19, 2025 [1] - The last trading day for "Honghui Convertible Bonds" is September 15, 2025, after which trading will cease on September 16, 2025, and the last conversion date is September 18, 2025 [1] - The bonds were triggered for conditional redemption due to the company's stock closing price being no less than 130% of the current conversion price for 15 trading days between July 24, 2025, and August 27, 2025 [1] - The company advises investors to convert their bonds within the specified period to avoid potential significant investment losses [1]

Core Points - The company announces the redemption and delisting of "Honghui Convertible Bonds" [1][3] - The last trading day for the bonds is September 15, 2025, and the last conversion day is September 18, 2025 [2][5] - The redemption price is set at 101.6849 yuan per bond, which includes accrued interest [9][11] - The bonds will be delisted from the Shanghai Stock Exchange on September 19, 2025 [3][15] Redemption Conditions - The redemption conditions have been met as the stock price has been above 130% of the conversion price for 15 trading days [4][7] - The company has the right to redeem all unconverted bonds at the face value plus accrued interest [4][7] Important Dates - Redemption registration date is September 18, 2025 [8] - Redemption payment date is September 19, 2025 [5][14] - Trading of the bonds will cease on September 16, 2025 [15] Accrued Interest Calculation - The accrued interest is calculated based on the formula: IA = B × i × t / 365, resulting in 1.6849 yuan per bond [10][11] - The total redemption amount per bond is 101.6849 yuan before tax [11][12] Tax Implications - Individual investors will be subject to a 20% tax on the interest income, resulting in a net redemption amount of 101.3479 yuan per bond after tax [11][12]

Core Viewpoint - Honghui Fruits and Vegetables announced that the "Honghui Convertible Bonds" will cease trading on September 16, 2025, with the last conversion date being September 18, 2025, urging bondholders to convert within the specified period [1] Summary by Relevant Sections - Announcement Details - The company has officially stated that trading for "Honghui Convertible Bonds" will stop on September 16, 2025 [1] - The last conversion date for these bonds is set for September 18, 2025, which is only two trading days after the trading cessation [1] - Investor Advisory - The company reminds bondholders to pay attention to the conversion deadline and take necessary actions within the limited timeframe [1]