Group 1 - The company issued 3.1 million convertible bonds with a total value of 310 million yuan, which began trading on August 3, 2023 [1] - The initial conversion price was set at 8.55 yuan per share, which has been adjusted to 7.93 yuan per share due to annual profit distribution [2][1] - The bond has a maturity period of six years, from July 10, 2023, to July 9, 2029, with increasing interest rates over the years [1] Group 2 - The bond's conversion price can be adjusted downwards if the company's stock price closes below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][4] - If the conversion price adjustment condition is triggered, the company must hold a board meeting to decide on the adjustment and disclose the decision the next trading day [4][3] - The threshold for triggering the adjustment is set at 6.74 yuan per share, meaning if the stock price closes below this level for five trading days within a 20-day period, the adjustment will be considered [4]

| 证券代码：603878 | 证券简称：武进不锈 | 公告编号：2025-045 | | --- | --- | --- | | 债券代码：113671 | 债券简称：武进转债 | | 江苏武进不锈股份有限公司 关于"武进转债"预计触发转股价格向下修正条件的提示性 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。 一、可转债发行上市概况 经中国证券监督管理委员会《关于同意江苏武进不锈股份有限公司向不特定 对象发行可转换公司债券注册的批复》（证监许可[2023]1353 号）同意注册，江 苏武进不锈股份有限公司（以下简称"公司"）于 2023 年 7 月 10 日向不特定对 象发行 310 万张可转换公司债券，每张面值 100 元，发行总额 31,000 万元。 如 公 司 决 定 向 下 修 正 转 股 价 格 ， 公 司 将 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）和中国证监会指定的上市公司信息披露媒体上刊登相关公告， 公告修正幅度、股权登记日和暂停转股期间（如需）等有关信息。从股权登记 ...

Market Overview - On August 27, the steel sector declined by 2.09%, with Zhongnan Co. leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Notable performers included Youfa Group, which rose by 3.25% to a closing price of 6.35, and Baotou Steel, which increased by 0.72% to 2.79 [1] - Conversely, Zhongnan Co. fell by 4.79% to 2.78, while Liugang Co. dropped by 4.31% to 5.77 [2] Trading Volume and Value - The trading volume and value for key stocks were significant, with Baotou Steel recording a transaction value of 70.99 billion yuan and Youfa Group at 2.62 billion yuan [1] - Zhongnan Co. had a trading volume of 619,600 shares, resulting in a transaction value of 177 million yuan [2] Capital Flow Analysis - The steel sector experienced a net outflow of 924 million yuan from institutional investors, while retail investors saw a net inflow of 486 million yuan [2] - The capital flow for individual stocks showed mixed results, with Hangang Co. experiencing a net inflow of 15.22 million yuan from institutional investors [3] Summary of Key Stocks - Hangang Co. had a closing price of 10.86, down 0.46%, with a trading volume of 3.27 million shares [1] - Anshan Iron and Steel Co. closed at 2.62, down 3.68%, with a trading volume of 720,300 shares [2]

Group 1 - The company Wujin Stainless Steel (SH 603878) held its 10th meeting of the 5th board of directors on August 25, 2025, to discuss organizational structure adjustments [1] - For the year 2024, the revenue composition of Wujin Stainless Steel is as follows: Petrochemical accounts for 28.16%, Power Boilers for 25.59%, Other Industries for 21.96%, Machinery Equipment for 20.57%, and Natural Gas for 3.73% [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related companies [1]

Group 1 - Wujiang Stainless Steel (SH 603878) announced on August 27 that Ms. Huang Wei has applied to resign from her position as the company's securities affairs representative due to work adjustments, but will continue to hold another position within the company [1] - For the fiscal year 2024, Wujiang Stainless Steel's revenue composition is as follows: 28.16% from petrochemicals, 25.59% from power boilers, 21.96% from other industries, 20.57% from machinery, and 3.73% from natural gas [1] Group 2 - The pet industry is experiencing a significant boom, with a market size of 300 billion yuan, leading to a surge in stock prices for related listed companies [1]

证券日报网讯 8月26日晚间，武进不锈发布公告称，公司第五届监事会第七次会议审议通过了《2025年 半年度报告及摘要的议案》等。 （文章来源：证券日报） ...

证券日报网讯 8月26日晚间，武进不锈发布公告称，公司第五届董事会第十次会议审议通过了《2025年 半年度报告及摘要的议案》等多项议案。 （文章来源：证券日报） ...

证券日报网讯 8月26日晚间，武进不锈发布公告称，董事会于近日收到公司证券事务代表黄薇女士的书 面辞职申请。黄薇女士因工作调整原因申请辞去公司证券事务代表职务，辞职后将继续在公司任职。 （编辑 楚丽君） ...

格隆汇8月26日丨武进不锈(603878.SH)发布2025年半年度报告，报告期实现营业收入11.21亿元，同比下 降26.82%；归属上市公司股东的净利润7549.75万元，同比下降46.05%；扣除非经常性损益后的归属于 上市公司股东的净利润6848.06万元，同比下降48.15%；基本每股收益0.13元。 ...

江苏武进不锈股份有限公司 资产处置决策制度 2025 年 8 月 第一章 总 则 第一条 为规范公司资产处置决策程序，增强资产处置的风险意识，在保障 公司财产安全的同时，提高资产运用效率和决策效率，根据公司《公司章程》、 《股东会议事规则》、《董事会议事规则》以及相关法律法规，结合公司实际情 况，特制订本制度。 第二条 本制度适用于公司下列资产处置行为： （一） 收购、出售资产是指公司收购、出售企业股权、实物资产或其他财 产权利的行为； （二） 新建及改扩建项目投资是指企业为扩大生产经营规模而进行的固定 资产投资； （三） 权益性投资是指企业以对其他经济实体实施控制或影响为目的的股 权投资。 （四） 为公司融资进行的资产抵押。 第二章 决策权限 第三条 董事会的决策权限 公司在12个月内连续对同一或相关资产分次对外投资、收购、出售、置换的， 以其累计数计算对外投资、收购、出售、置换的数额。 （二）资产抵押 单次不超过公司最近经审计的总资产值的50%；公司在12个月内分次进行的 资产抵押，以其在此期间的累计额不超过上述规定为限。 经过董事会批准的资产处置行为，由董事长或其授权人代表公司签署有关合 同和协议等法律 ...