Core Viewpoint - Hongbo New Materials (605366.SH) has received a notification from Xinyu Baolong regarding the completion of its share reduction plan, indicating a significant decrease in its shareholding [1] Group 1: Share Reduction Details - As of February 26, 2026, Xinyu Baolong has reduced its holdings by a total of 12.8983 million shares, which accounts for 1.91% of the company's current total shares [1] - The reduction was executed through two methods: 6.3983 million shares were sold via block trading, representing 0.95% of the total share capital, and 6.5000 million shares were sold through centralized bidding, accounting for 0.96% of the total share capital [1]

Key Points - The company has issued a total of 960,000 convertible bonds with a total value of 96,000 million yuan, which will be listed on the Shanghai Stock Exchange starting from May 14, 2024 [2][3] - The initial conversion price for the convertible bonds is set at 7.51 yuan per share, which has been adjusted to 5.46 yuan per share as of the announcement date [4][5] - As of February 13, 2026, a total of 343,671,000 yuan of the convertible bonds has been converted into 62,989,303 shares, representing 10.34% of the total shares before conversion [7] - There remains 616,329,000 yuan of unconverted convertible bonds, accounting for 64.20% of the total issuance [7] - The conversion period for the bonds is from October 23, 2024, to April 16, 2030 [7]

Core Viewpoint - The announcement details the conversion of "Hongbai Convertible Bonds" into shares of Jiangxi Hongbai New Materials Co., Ltd., indicating significant shareholder changes and the status of the convertible bonds as of February 13, 2026 [1][2]. Group 1: Convertible Bond Conversion Status - As of February 13, 2026, a total of 343,671,000 yuan of "Hongbai Convertible Bonds" has been converted into 62,989,303 shares, representing 10.34% of the company's total shares before conversion, which amounts to 608,896,979 shares [2][8]. - The amount of "Hongbai Convertible Bonds" that has not been converted as of the same date is 616,329,000 yuan, accounting for 64.20% of the total issuance [2][8]. Group 2: Convertible Bond Issuance Overview - The company issued 9.6 million convertible bonds on April 17, 2024, with a total value of 96 million yuan, each with a face value of 100 yuan, and a maturity period of six years [3][4]. - The coupon rates for the bonds are structured to increase over the years, starting at 0.20% in the first year and reaching 2.50% in the sixth year [3]. Group 3: Convertible Bond Listing and Pricing - The "Hongbai Convertible Bonds" were listed on the Shanghai Stock Exchange on May 14, 2024, under the code "111019" [4]. - The initial conversion price was set at 7.51 yuan per share, which has been adjusted multiple times, with the latest price being 5.46 yuan per share as of the announcement date [5][7].

| 证券代码：605366 | 证券简称：宏柏新材 | 公告编号：2026-011 | | --- | --- | --- | | 债券代码：111019 | 债券简称：宏柏转债 | | 一、可转债发行上市概况 （一）可转债发行情况 江西宏柏新材料股份有限公司 关于"宏柏转债"转股数量累计达到转股前公司已 发行股份总额 10%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： 可转债累计转股情况：截至2026年2月13日，累计有343,671,000元"宏 柏转债 "转换成江西宏柏新材料股份有限公司（以下简称"公司 "）股票， 因转股形成的股份数量累计为62,989,303 股，占可转债转股前公司已发行股份 总额608,896,979股的10.34%。 未转股可转债情况：截至2026年2月13日，尚未转股的"宏柏转债"金 额为人民币616,329,000元，占"宏柏转债"发行总量的比例为64.20%。 经中国证券监督管理委员会证监许可[2024]108 号文核准，公司于 2024 年 4 月 17 ...

Group 1 - The core viewpoint of the article highlights that Hongbo New Materials (605366) will face significant events in 2026, including shareholder reduction, joint project sample certification, and the completion of the Thailand project [1] Group 2 - Shareholder Xinyu Jinhong plans to reduce its holdings by no more than 910,000 shares, accounting for 0.14% of the company's total share capital, between March 2 and June 1, 2026, through centralized bidding [2] Group 3 - The company has initiated global customer sample delivery and certification for its specialty silane products in partnership with Momentive, with the Thailand project expected to reach production capacity by the end of 2026 [3] Group 4 - The company aims to continue focusing on its core business and deepen its global market presence in 2026, striving for improved operating performance [4]

Summary of Key Points Core Viewpoint - Jiangxi Hongbo New Materials Co., Ltd. has announced the expected fulfillment of redemption conditions for its convertible bonds, indicating potential actions regarding the bonds based on stock performance and market conditions [1]. Group 1: Convertible Bond Issuance and Listing - The company issued 9.6 million convertible bonds with a total value of 960 million yuan, each with a face value of 100 yuan, approved by the China Securities Regulatory Commission [2]. - The bonds have a term of six years, from April 17, 2024, to April 16, 2030, with a tiered interest rate starting at 0.20% in the first year and increasing to 2.50% in the sixth year [2]. - The bonds were listed for trading on the Shanghai Stock Exchange starting May 14, 2024, under the name "Hongbo Convertible Bonds" and code "111019" [3]. Group 2: Conversion Price Adjustments - The initial conversion price for the bonds was set at 7.51 yuan per share, which has been adjusted multiple times due to various corporate actions, with the latest adjustment bringing it to 5.46 yuan per share [4][5][6]. - Adjustments were made due to stock buybacks and rights distributions, as well as a downward correction triggered by stock price performance [5][6]. Group 3: Redemption Terms and Expected Trigger - The company has outlined redemption terms that allow for the redemption of the bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days, or if the remaining balance of unconverted bonds falls below 30 million yuan [7]. - As of January 20, 2026, the stock price has met the criteria for potential redemption, with 10 trading days showing prices above the threshold [9]. Group 4: Cash Management Using Idle Funds - The company plans to use 60 million yuan of idle funds from the convertible bond issuance for cash management, specifically investing in high-security, liquid financial products [15][16]. - The investment is aimed at improving the efficiency and returns of the raised funds while ensuring that it does not affect the company's operational needs [24]. - The cash management investment was approved by the board and is within the authorized limits for such activities [20][21].

| 证券代码：605366 | 证券简称：宏柏新材 | 公告编号：2026-009 | | --- | --- | --- | | 债券代码：111019 | 债券简称：宏柏转债 | | 江西宏柏新材料股份有限公司 关于"宏柏转债"预计满足赎回条件的提示性公告 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 （一）可转债发行情况 经中国证券监督管理委员会证监许可[2024]108 号文核准，江西宏柏新材料 股份有限公司（以下简称"公司"）于 2024 年 4 月 17 日公开发行了 960.00 万 张可转换公司债券，每张面值 100 元，发行总额 96,000.00 万元。本次发行的可 转债期限为发行之日起 6 年，自 2024 年 4 月 17 日至 2030 年 4 月 16 日。票面利 率为第一年 0.20%、第二年 0.40%、第三年 0.80%、第四年 1.5%、第五年 2.00%、 第六年 2.50%。 （二）可转债上市情况 经上海证券交易所自律监管决定书[2024]56 号文同意，公司本 ...

| 证券代码：605366 | 证券简称：宏柏新材 | 公告编号：2026-010 | | --- | --- | --- | | 债券代码：111019 | 债券简称：宏柏转债 | | 江西宏柏新材料股份有限公司 关于使用闲置募集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： 已履行及拟履行的审议程序：江西宏柏新材料股份有限公司（以下简 称"公司"）于 2025 年 4 月 28 日召开第三届董事会第十九次会议和第三届监 事会第十三次会议，审议通过了《关于拟使用部分闲置可转换公司债券募集 资金进行现金管理的议案》，同意公司使用不超过人民币 70,000.00 万元（含 本数）闲置可转换公司债券募集资金进行现金管理，用于投资金融机构发行 的安全性高、流动性好、满足保本要求的投资产品，且该产品不用于质押， 不用于以证券投资为目的的投资行为。使用期限自董事会审议通过之日起 12 个月内，在上述额度及决议有效期内，资金可循环滚动使用。公司监事会就 本议案发表了明确同意的意见、保荐机构出具了 ...

| | 公告名称：《江西宏柏新材料股份有 | | | | | --- | --- | --- | --- | --- | | 本次员工持股计划草案披露时间及公 告名称 | 时间：2022 月 限公司 2022 年员工持股计划（草案）》 | 年 | 4 | 6 日 | 关于 2022 年员工持股计划出售完毕暨终止的公告 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： | 证券代码：605366 | 证券简称：宏柏新材 | 公告编号：2026-008 | | --- | --- | --- | | 债券代码：111019 | 债券简称：宏柏转债 | | 江西宏柏新材料股份有限公司 根据《员工持股计划》，本次员工持股计划的存续期为 48 个月，自公司公告 最后一笔公司股票过户至本次员工持股计划名下之日起计算。本次员工持股计划 所获标的股票分三期解锁，解锁时点分别为自公司公告最后一笔标的股票过户至 本次员工持股计划名下之日起满 12 个月、24 个月、36 个月，每期解锁的标的股 票比例分别为 30%、30%、40%。 ...

Core Viewpoint - Hongbo New Materials (605366.SH) has completed the first phase of its 2022 employee stock ownership plan, with a total of 1.8018 million shares sold through centralized bidding [1] Group 1: Employee Stock Ownership Plan - The employee stock ownership plan has fully sold the unlocked portion of shares amounting to 1.8018 million [1] - As of the announcement date, the assets of the employee stock ownership plan are all in cash [1] - The implementation of the employee stock ownership plan is now complete, and the company will proceed with asset liquidation and profit distribution as per the plan's regulations [1]