| 证券代码：605222 | 证券简称：起帆电缆 | 公告编号：2025-072 | | --- | --- | --- | | 债券代码：111000 | 债券简称：起帆转债 | | 上海起帆电缆股份有限公司 上海起帆电缆股份有限公司（以下简称"公司"）于近日收到国泰海通证券 股份有限公司（以下简称"国泰海通"）出具的《关于更换公司持续督导保荐代 表人的函》。 国泰海通作为公司 2021 年度公开发行可转换公司债券项目的保荐机构，原 指定韦健涵、徐亮庭为公司 2021 年度公开发行可转换公司债券项目保荐代表人， 负责保荐工作及持续督导工作，法定持续督导期间至 2022 年 12 月 31 日。但鉴 于公司本次公开发行可转换公司债券募集资金尚未使用完毕，根据中国证券监督 管理委员会和上海证券交易所相关规定，国泰海通仍需对公司募集资金的管理和 使用继续履行持续督导职责，直至募集资金使用完毕。 现由于韦健涵工作调整将不再负责公司募集资金持续督导工作，为保证持续 督导工作的有序进行，国泰海通委派屠荫奇（简历详见附件）接替韦健涵的工作， 继续履行对公司 2021 年度公开发行可转换公司债券的持续督导责任。本次保荐 ...

起帆电缆（605222.SH）10月20日在投资者互动平台表示，平潭海缆基地项目在持续推进、建设中，具 体投产情况敬请关注后续公司对外披露的相关公告。 （记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：请问贵司的平潭一期项目9月底能投产吗？不能的话， 今年能吗？ ...

Core Viewpoint - The stock of Qifan Cable has shown a significant increase in price and trading activity, indicating positive market sentiment and potential growth opportunities for the company [1][2]. Company Performance - As of October 15, Qifan Cable's stock price rose by 2.07% to 19.75 CNY per share, with a total market capitalization of 8.155 billion CNY [1]. - Year-to-date, the stock has increased by 28.58%, with a 3.40% rise in the last five trading days, 11.96% in the last 20 days, and 30.19% in the last 60 days [1]. - For the first half of 2025, Qifan Cable reported a revenue of 10.166 billion CNY, a year-on-year decrease of 1.19%, and a net profit attributable to shareholders of 164 million CNY, down 12.56% year-on-year [2]. Shareholder Information - As of June 30, the number of shareholders for Qifan Cable reached 17,500, an increase of 5.23% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 4.97% to 23,553 shares [2]. Business Overview - Qifan Cable, established on July 11, 1994, and listed on July 31, 2020, specializes in the production, research, and sales of electric wires and cables [1]. - The company's main revenue sources include power cables (65.62%), electrical equipment cables (32.83%), and other sources (1.55%) [1]. - Qifan Cable operates within the electric equipment industry, specifically in cable components and related sectors, and is associated with concepts such as solar energy, Tesla, photovoltaic glass, offshore wind power, and wind energy [1].

Core Points - The company announced the results of the convertible bond conversion and the changes in share capital as of September 30, 2025 [1][2] Group 1: Convertible Bond Conversion - In the third quarter of 2025, a total of 6,000 yuan of "Qifan Convertible Bonds" were converted into company shares, resulting in 345 shares being issued [2][8] - As of September 30, 2025, a cumulative total of 763,000 yuan of "Qifan Convertible Bonds" have been converted into company shares, resulting in a total of 38,069 shares, which accounts for 0.0091% of the company's total shares before conversion [2][8] Group 2: Unconverted Convertible Bonds - As of September 30, 2025, the amount of unconverted convertible bonds stands at 999,237,000 yuan, representing 99.9237% of the total issuance [2][9] Group 3: Convertible Bond Issuance Overview - The company was approved by the China Securities Regulatory Commission to publicly issue 10 million convertible bonds with a total value of 1 billion yuan, with a maturity of 6 years [3][4] - The initial conversion price for the bonds was set at 20.53 yuan per share, which has been adjusted multiple times due to profit distributions and other corporate actions, with the latest conversion price being 17.35 yuan per share as of September 11, 2025 [5][6][7]

一、可转债发行上市概况 （一）可转债发行情况 | 证券代码：605222 | 证券简称：起帆电缆 | 公告编号：2025-071 | | --- | --- | --- | | 债券代码：111000 | 债券简称：起帆转债 | | 上海起帆电缆股份有限公司 关于可转债转股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法律责任。 重要内容提示： 转股情况：2025 年第三季度共计 6,000 元"起帆转债"转换为公司股票， 转股数量 345 股。截至 2025 年 9 月 30 日，累计有 763,000 元"起帆转债"转换 成公司股票，因转股形成的股份数量累计为 38,069 股，占可转债转股前公司已 发行股份总额的 0.0091%。 未转股可转债情况：截至 2025 年 9 月 30 日，尚未转股的可转债金额为 人民币 999,237,000 元，占本次可转债发行总量的比例为 99.9237%。 经中国证券监督管理委员会《关于核准上海起帆电缆股份有限公司公开发行 可转换公司债券的批复》（证监许可[2021]66 ...

Core Points - Shanghai Qifan Cable Co., Ltd. announced the results of its convertible bond conversion and share changes, with 6,000 yuan of "Qifan Convertible Bonds" converted into 345 shares of the company [1] - As of September 30, a total of 763,000 yuan of "Qifan Convertible Bonds" have been converted, resulting in 38,069 shares, which accounts for 0.0091% of the total shares outstanding before conversion [1] - The remaining amount of unconverted convertible bonds is 999,237,000 yuan, representing 99.9237% of the total issuance [1] - The initial conversion price of "Qifan Convertible Bonds" was 20.53 yuan per share, while the latest conversion price is 17.35 yuan per share [1] - Following this conversion, the company's unrestricted tradable shares and total share capital increased by 345 shares [1]

Market Performance - The grid equipment sector increased by 1.98% on the previous trading day, with Yangdian Technology leading the gains [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Stock Performance - Yangdian Technology (301012) closed at 26.49, up 16.85% with a trading volume of 414,400 shares and a transaction value of 1.03 billion [1] - TBEA (600089) closed at 16.15, up 10.01% with a trading volume of 3.68 million shares and a transaction value of 5.77 billion [1] - Hangzhou Electric (603618) closed at 8.35, up 10.01% with a trading volume of 551,000 shares and a transaction value of 460 million [1] - Other notable stocks include Baoguang Co. (600379) up 9.99%, and Songsheng Co. (301002) up 7.06% [1] Capital Flow - The grid equipment sector saw a net inflow of 846 million from institutional investors, while retail investors contributed a net inflow of 129 million [2] - TBEA experienced a net inflow of 132.7 million from institutional investors but a net outflow of 68.5 million from speculative funds [2] - Yangdian Technology had a net inflow of 108 million from institutional investors, with significant outflows from both speculative and retail investors [2]

股票简称：起帆电缆 股票代码：605222 债券简称：起帆转债 债券代码：111000 （2025 (住所：中国（上海）自由贸易试验区商城路618号) 二〇二五年九月 1 重要声明 本报告依据《可转换公司债券管理办法》《公司债券发行与交易管理办法》 《可转换公司债券受托管理协议》（以下简称"《受托管理协议》"）《上海起 帆电缆股份有限公司公开发行可转换公司债券募集说明书》（以下简称"《募集 说明书》"）等相关公开信息披露文件，由本期债券受托管理人国泰海通证券股 份有限公司（以下简称"国泰海通证券"）编制。国泰海通证券对本报告中所包 含的从上述文件中引述内容和信息未进行独立验证，也不就该等引述内容和信息 的真实性、准确性和完整性做出任何保证或承担任何责任。 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国泰海通证券所作的 承诺或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，国 泰海通证券不承担任何责任。 2 国泰海通证券作为上海起帆电缆股份有限公司公开发行可转换公司债券（债 券简称：起帆转债，债券代码：111000，以下简 ...

国泰海通证券发布上海起帆电缆股份有限公司"起帆转债"重大事项报告。"起帆转债"于2021年5月24日 发行，规模10亿元，期限6年，初始转股价格20.53元/股，当前为17.35元/股。自2025年8月1 - 21日，触 发转股价格向下修正条款。公司经董事会、股东会审议，决定将转股价格由19.55元/股修正为17.35元/ 股，9月11日起生效，9月10日停止转股，11日恢复。该修正符合约定，未影响发行人日常经营及偿债能 力，国泰海通后续将密切关注相关情况。 ...

Core Viewpoint - The company has announced a downward adjustment of the conversion price for its convertible bonds, "起帆转债," from 19.55 yuan per share to 17.35 yuan per share, effective from September 11, 2025 [5][11][15]. Group 1: Convertible Bond Issuance and Adjustment - The company issued 10 million convertible bonds with a total value of 1 billion yuan on May 24, 2021, with a maturity of six years and a tiered interest rate structure [2][3]. - The initial conversion price was set at 20.53 yuan per share, which has undergone several adjustments due to stock incentive plans and profit distributions [4][6]. - The conversion price was adjusted to 19.86 yuan per share after a cash dividend distribution in 2022 and further adjusted to 19.75 yuan per share in 2023 [6][4]. Group 2: Triggering Conditions for Price Adjustment - The downward adjustment of the conversion price was triggered as the company's stock price fell below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [9][10]. - The average stock price for the 20 trading days prior to the shareholder meeting was 16.62 yuan per share, and the price on the last trading day before the meeting was 17.33 yuan per share [11][14]. Group 3: Board and Shareholder Meeting Decisions - The company's board of directors approved the proposal to adjust the conversion price on August 21, 2025, and the proposal was subsequently ratified by the shareholders on September 8, 2025 [10][14]. - The board's decision to lower the conversion price aims to optimize the company's capital structure and enhance its competitive position [14].