重庆再升科技股份有限公司 公开发行可转换公司债券 2025 年跟踪评级报告 | | | 评级总监： 二〇二五年六月二十三日 跟踪评级报告 | 1 www.lhratings.com 联合〔2025〕4683 号 联合资信评估股份有限公司通过对重庆再升科技股份有限公 司主体及其相关债券的信用状况进行跟踪分析和评估，确定维持 重庆再升科技股份有限公司主体长期信用等级为 AA-，维持"再 22 转债"信用等级为 AA-，评级展望为稳定。 特此公告 联合资信评估股份有限公司 跟踪评级报告 | 2 声 明 一、本报告是联合资信基于评级方法和评级程序得出的截至发表之日 的独立意见陈述，未受任何机构或个人影响。评级结论及相关分析为联合 资信基于相关信息和资料对评级对象所发表的前瞻性观点，而非对评级对 象的事实陈述或鉴证意见。联合资信有充分理由保证所出具的评级报告遵 循了真实、客观、公正的原则。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。 二、本报告系联合资信接受重庆再升科技股份有限公司（以下简称 "该公司"）委托所出具，除因本次评级事项联合资信与该公司构 ...

| 证券代码：603601 | 证券简称：再升科技 | 公告编号：临 2025-053 | | --- | --- | --- | | 债券代码：113657 | 债券简称：再 22 转债 | | 重庆再升科技股份有限公司 关于使用部分暂时闲置自有资金进行现金管理的 进展公告 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： 现金管理受托方：招商银行股份有限公司（以下简称"招商银行"）、 兴业银行股份有限公司（以下简称"兴业银行"）。 本次现金管理金额：合计人民币 22,000 万元。 现金管理产品名称：招商银行智汇系列看跌两层区间 27 天结构性存款 （产品代码：FCQ00163）、兴业银行企业金融人民币结构性存款产品 （CC34250604000-00000000）、兴业银行企业金融人民币结构性存款产 品（CC34250604001-00000000）。 现金管理期限：招商银行智汇系列看跌两层区间 27 天结构性存款（产 品代码：FCQ00163）产品期限为 27 天、兴业银行企业金融人民币结构 性存款（CC ...

Core Points - The company announced an adjustment to the conversion price of its convertible bonds due to the 2024 annual profit distribution, with the new conversion price set at 4.24 CNY per share, down from 4.25 CNY per share [1][2][3] - The adjustment will take effect on June 11, 2025, and the convertible bonds will be suspended from conversion from June 3 to June 10, 2025 [1][3] Summary by Sections Conversion Price Adjustment Basis - The adjustment is based on the approval of the 2024 annual profit distribution plan, which includes a cash dividend of 0.1 CNY per 10 shares [2] - The adjustment complies with the terms outlined in the bond issuance prospectus, which protects the rights of convertible bondholders [2] Conversion Price Adjustment Formula and Results - The formula for adjusting the conversion price due to cash dividends is P1 = P0 - D, where P0 is the previous conversion price and D is the cash dividend per share [3] - The previous conversion price was 4.25 CNY per share, and with a cash dividend of 0.01 CNY, the new conversion price is calculated to be 4.24 CNY per share [3] - The adjusted conversion price will be effective from June 11, 2025, following the rights issue and dividend distribution [3]

证券代码：603601 证券简称：再升科技 公告编号：临 2025-051 债券代码：113657 债券简称：再 22 转债 重庆再升科技股份有限公司 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： 二、 分配方案 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。 本次利润分配以方案实施前的公司总股本1,021,651,586股为基数，向全体股 东每股派发现金红利0.01元（含税），共计派发现金红利10,216,515.86元。 三、 相关日期 ? 每股分配比例 A 股每股现金红利0.01元 ? 相关日期 | 股份类别 | 股权登记日 | | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/10 | － | 2025/6/11 | 2025/6/11 | | ? 差异化分红送转： 否 一、 通过分配方案的股东 ...

重庆再升科技股份有限公司 关于因2024年度权益分派时"再22转债"停止转股和 转股价格调整的公告 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： 因实施 2024 年度权益分派,本公司的相关证券停复牌情况如下： | 证券代码：603601 | 证券简称：再升科技 | 公告编号：临 2025-052 | | --- | --- | --- | | 债券代码：113657 | 债券简称：再 22 转债 | | 公司于 2025 年 5 月 15 日召开 2024 年年度股东大会并审议通过了《公司 2024 年年度利润分配的议案》，同意以实施权益分派股权登记日的总股本为基数进行利 润分配，向全体股东每 10 股派发现金红利 0.1 元（含税）。本次分配不涉及资本 公积金转增股本。本次权益分派实施情况详见公司同日在上海证券交易所网站 （www.sse.com.cn）及指定信息披露媒体披露的《重庆再升科技股份有限公司 2024 年年度权益分派实施公告》。 根据《募集说明书》，在可转债发行之后，当公司发生派送现金股利的情 ...

| 证券代码:603601 | | --- | | 债券代码:113657 | 证券代码：603601 证券简称：再升科技 公告编号：临 2025-051 债券代码：113657 债券简称：再 22 转债 重庆再升科技股份有限公司 2024年年度权益分派实施公告 二、 分配方案 1. 发放年度：2024年年度 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： 每股分配比例 A 股每股现金红利0.01元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/10 | － | 2025/6/11 | 2025/6/11 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 15 日召开的2024年年度股东大会审议通过。 2. 自行发放对象 2. 分派对象： 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 ...

Investment Rating - Industry rating is maintained at "Outperform the Market" [5] Core Viewpoints - The cement clinker price in the Yangtze River Delta has increased by 30 CNY/ton, indicating a positive shift in market sentiment and a proactive approach from companies to stabilize prices and protect profits [3][14] - The overall cement shipment rate in May was 48%, showing a slight decline year-on-year, but the recent price increase is expected to boost market confidence [3][17] - The report highlights that traditional building materials are nearing a cyclical bottom, while new materials are expected to continue their growth trajectory due to high demand and domestic substitution opportunities [19] Summary by Sections Market Review - The Shanghai Composite Index fell by 1.08%, while the building materials sector rose by 0.59%, with the ceramics sector showing the highest increase of 3.77% [12][17] - Key stocks in the recommended portfolio include Zhongcai Technology (+5.1%), Western Cement (+4.1%), and others [12][19] Price Trends and Market Sentiment - The sales area of commercial housing in 30 major cities decreased by 2.46% year-on-year, but government policies are aimed at stabilizing the real estate market [2][14] - The report anticipates that cement prices will rise following the clinker price increase, supported by a decrease in coal prices [3][14] Key Sub-Industries Tracking - Cement: The national average price fell by 0.8%, but the Yangtze River Delta has initiated price increases, indicating potential stabilization in the market [17] - Glass: The photovoltaic glass market is under pressure, with prices declining, while float glass prices have also seen a slight decrease [18][19] - Fiberglass: The market for alkali-free yarn continues to decline, with prices dropping by 0.62% week-on-week [19] Long-term Value and Growth Potential - Traditional building material leaders are expected to show significant long-term value, while new energy materials are likely to continue their growth [19] - Recommendations include companies like Western Cement, Huaxin Cement, and others that are positioned to benefit from improving infrastructure and real estate demand [19]

Group 1 - The company will suspend the conversion of its convertible bonds "再 22 转债" from June 3, 2025, until the equity distribution registration date [2] - The equity distribution plan involves a cash dividend of 0.1 yuan per 10 shares (tax included) to all shareholders, based on the total share capital as of the equity distribution registration date [2] - After the equity distribution, the conversion of "再 22 转债" will resume on the first trading day following the equity registration date [2] Group 2 - The company emphasizes that any changes in total share capital before the equity distribution registration date will not affect the per-share distribution amount, but will adjust the total distribution accordingly [2] - The company has provided contact information for its legal and securities department for any inquiries related to this announcement [2] - Investors are reminded to refer to official announcements published on the Shanghai Stock Exchange website and other designated media for accurate company information [2]

| 证券代码：603601 | 证券简称：再升科技 | 公告编号：临 2025-049 | | --- | --- | --- | | 债券代码：113657 | 债券简称：再 22 转债 | | 重庆再升科技股份有限公司 关于因 2024 年度权益分派时"再 22 转债" 停止转股和转股价格调整的提示性公告 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： 证券停复牌情况：适用 因实施 2024 年度权益分派,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 | | | | 113657 | 再 转债 | 22 | 可转债转股停 | 2025/6/3 | | | | | | | | 牌 | | | | | 自权益分派公告前一交易日（2025 年 6 月 3 日）至权益分派股权登记日间， 本公司可 ...

Core Points - Chongqing Zaiseng Technology Co., Ltd. has completed the registration of changes in business and obtained a new business license following the approval of amendments to its Articles of Association and changes in registered capital [1][2] - The company will no longer have a supervisory board, with its functions being transferred to the audit committee of the board of directors [1][2] - The updated business scope includes production of disinfectants for infectious disease prevention, non-medical masks, and various technical services [2] Summary by Sections Business Registration Changes - The company has completed the business registration changes and received a new business license from the Yubei District Market Supervision Administration of Chongqing [2] - The updated business activities include production and sales of non-medical masks, air filtration materials, and various technical services [2] Amendments to Articles of Association - The amendments to the Articles of Association were approved during the 22nd meeting of the fifth board of directors and the 2024 annual general meeting [1][2] - The revised Articles of Association have been filed and are available for review on the Shanghai Stock Exchange website [2]