Core Insights - 17 companies on the Sci-Tech Innovation Board have released their performance forecasts for the first half of the year, with 16 companies expecting profit increases and 1 company maintaining stable profits [1] - The overall proportion of companies expecting profit increases is 94.12% [1] - Among the companies forecasting profit increases, 8 companies anticipate a net profit growth exceeding 100%, while 4 companies expect growth between 50% and 100% [1] Company Performance - Guangda Special Materials is expected to have the highest net profit growth, with a median increase of 367.51% [2] - Shengnuo Bio and Tailin Microelectronics follow with expected net profit growths of 292.82% and 267.00%, respectively [2] - The industries with significant profit growth include electronics and biomedicine, with 8 and 2 companies, respectively, reporting net profit increases over 50% [1] Stock Performance - Sci-Tech Innovation Board stocks with high growth expectations have seen an average increase of 39.15% this year [1] - Shengnuo Bio has recorded the highest stock increase at 91.94%, followed by Guangda Special Materials and Tailin Microelectronics with increases of 78.69% and 48.32%, respectively [1] Fund Flow - In terms of fund flow, companies with significant profit growth, such as Ruile New Materials, Xindong Link, and Guangda Special Materials, have experienced notable net outflows of 323 million, 169 million, and 145 million yuan, respectively, over the past five days [1]

Market Overview - The Sci-Tech Innovation Board (科创板) index fell by 0.89%, closing at 983.11 points, with a total trading volume of 2.85 billion shares and a turnover of 94.90 billion yuan, resulting in a weighted average turnover rate of 1.59% [1] - Among the tradable stocks on the Sci-Tech Innovation Board, 180 stocks closed higher, with 5 stocks rising over 10%, including Aowei New Materials, Haosen Intelligent, and Qinchuan Internet of Things, which hit the daily limit [1] Trading Activity - The distribution of turnover rates shows that 2 stocks had turnover rates exceeding 20%, 11 stocks had rates between 10% and 20%, and 36 stocks had rates between 5% and 10% [1] - C Yitang, a newly listed stock, had the highest turnover rate at 50.54%, closing down by 9.66% with a trading volume of 2.20 billion yuan and a net outflow of 134 million yuan [1][2] - Other notable stocks with high turnover rates include Jinchengzi, which closed down by 5.60% with a turnover rate of 25.85%, and Xinyuren, Sikan Technology, and Meidixi, with turnover rates of 18.75%, 16.84%, and 16.24% respectively [1][2] Sector Performance - In the high turnover rate stocks, the pharmaceutical and biological sector had the most representation, with 10 stocks listed, followed by the power equipment and machinery sectors, each with 8 stocks [2] - Among the high turnover stocks, 23 stocks saw an increase, with Haosen Intelligent, Qinchuan Internet of Things, and Meidixi leading with gains of 20.02%, 19.98%, and 13.36% respectively [2] Fund Flow - In terms of fund flow, 22 stocks experienced net inflows, with the highest inflows seen in Huyou Pharmaceutical, Jinchengzi, and Jiayuan Technology, with net inflows of 59.84 million yuan, 40.28 million yuan, and 38.97 million yuan respectively [2] - Conversely, C Yitang, Zhengfan Technology, and Weice Technology had the largest net outflows, with outflows of 134 million yuan, 62.06 million yuan, and 61.24 million yuan respectively [2] Leverage Fund Movements - Recent data indicates that 28 stocks have received net purchases from leveraged funds, with C Yitang, Huyou Pharmaceutical, and Rongchang Bio having the largest increases in financing balances of 208 million yuan, 114 million yuan, and 6.05 million yuan respectively [3]

Core Insights - A total of 11 companies listed on the Sci-Tech Innovation Board have released their performance forecasts for the first half of the year, with 10 companies expecting profit increases, resulting in a positive forecast ratio of 90.91% [1][3] Company Performance Forecasts - The company with the highest expected net profit increase is Guangda Special Materials, with a median expected increase of 367.51% [2] - Shengnuo Biological and Tailin Microelectronics follow, with median expected net profit increases of 292.82% and 267.00%, respectively [2] - Other companies with significant expected profit increases include: - Xindong Lianke: 171.92% - Guoli Co., Ltd.: 144.50% - Xinpeng Microelectronics: 104.00% - Lexin Technology: 71.50% - Nuotai Biological: 38.67% - C Yitang: 30.64% - Daotong Technology: 22.88% [2] Industry Overview - The majority of the companies with positive forecasts are in the electronic and medical sectors, indicating strong performance expectations in these industries [1][2]

Summary of Key Points Core Viewpoint - The announcement details the cumulative conversion of "Guangda Convertible Bonds" into company shares, indicating a significant portion of the bonds has been converted, while a majority remains unconverted. Convertible Bond Issuance Overview - The company issued 15,500,000 convertible bonds with a face value of 100 RMB each, totaling 1,550 million RMB, approved by the China Securities Regulatory Commission on October 13, 2022 [1][2] - The bonds began trading on the Shanghai Stock Exchange on November 9, 2022, under the name "Guangda Convertible Bonds" and code "118023" [2] Conversion Status - As of July 3, 2025, a total of 458,823,000 RMB worth of "Guangda Convertible Bonds" has been converted into shares, resulting in 22,004,562 new shares, which is 10.27% of the company's total shares before conversion [3][4] - The remaining unconverted bonds amount to 1,091,177,000 RMB, representing 70.40% of the total issuance [3][4] Share Changes - The total share capital increased from 225,897,750 to 228,244,562 shares due to the conversion of bonds [4]

| 证券代码：688186 | 证券简称：广大特材 | 公告编号：2025-072 | | --- | --- | --- | | 转债代码：118023 | 转债简称：广大转债 | | 张家港广大特材股份有限公司 关于"广大转债"转股数量累计达到转股前公司已发 行股份总额 10%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、准确性和完整性依法承担法律责任。 重要内容提示： 累计转股情况：截至 2025 年 7 月 3 日，"广大转债"累计有人民币 458,823,000 元已转换为公司股票，累计转股数量为 22,004,562 股，占"广大 转债"转股前公司已发行股份总额 214,240,000 股的 10.27%。 未转股可转债情况：截至 2025 年 7 月 3 日，"广大转债"尚未转股的可 转债金额为 1,091,177,000 元，占"广大转债"发行总量的 70.40%。 一、可转债发行上市概况 经中国证券监督管理委员会出具的《关于同意张家港广大特材股份有限公司 向不特定对象发行可转债注册的批复》（证监许可〔2022〕2018 号）同意 ...

证券代码：688186 证券简称：广大特材 转债代码：118023 转债简称：广大转债 张家港广大特材股份有限公司 向不特定对象发行可转换公司债券 第二次临时受托管理事务报告 （2025 年度） 债券受托管理人 （安徽省合肥市梅山路 18 号） 1 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"） 《张家港广大特材股份有限公司向不特定对象发行可转换公司债券之受托管理协议》 （以下简称"《受托管理协议》"）《张家港广大特材股份有限公司向不特定对象发 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、第三方中介机构出具的专业意见等，由本期债券受托管理人国元证券股份有 限公司（以下简称"国元证券"）编制。国元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元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， ...

Group 1 - Multiple listed companies announced share repurchase plans or progress on June 17, coinciding with the one-year anniversary of the "Science and Technology Innovation Board Eight Articles" [1] - Eight companies from the Science and Technology Innovation Board, including Guoda Materials and Huahai Qingke, proposed share repurchases, indicating a commitment to enhancing quality and returns [1] - Guoda Materials' chairman proposed a repurchase of A-shares using 200 million to 400 million yuan in special loans and self-raised funds, aimed at employee stock ownership plans or convertible bonds [1] Group 2 - Midea Group announced its first share repurchase under a new plan, buying back 2.0781 million shares at a total cost of 150 million yuan, with a future plan to repurchase between 5 billion to 10 billion yuan [2] - Tencent Holdings repurchased 980,000 shares for 500 million HKD, with prices ranging from 507 to 514 HKD per share [2] - As of this year, listed companies have repurchased a total of 71.71 billion yuan, with nine companies, including Kweichow Moutai and Ningde Times, repurchasing over 1 billion yuan each [2]

Summary of Key Points Core Viewpoint - Zhangjiagang Wide Special Materials Co., Ltd. is considering the potential redemption of its convertible bonds ("Wide Convertible Bonds") based on specific conditions related to the stock price performance and the bond's terms outlined in the prospectus [1][4]. Convertible Bond Issuance Overview - The company issued 15,500,000 convertible bonds with a face value of 100 yuan each, totaling 1.55 billion yuan, which began trading on November 9, 2022 [1][2]. - The initial conversion price was set at 33.12 yuan per share, which was later adjusted to 20.84 yuan per share due to equity distribution and other factors [2][3]. Redemption Terms and Expected Trigger Conditions - The redemption terms allow the company to redeem all or part of the unconverted bonds if the stock price meets certain conditions, specifically if the closing price is at least 130% of the current conversion price for at least 15 out of 30 consecutive trading days [4][5]. - As of July 1, 2025, the stock price had met the 130% threshold for 10 trading days, indicating a potential trigger for the redemption clause [4][5]. Current Conversion Price - The latest conversion price for the "Wide Convertible Bonds" is 20.80 yuan per share, effective from July 2, 2025 [3].

Group 1 - The company announced a share repurchase plan proposed by the actual controller, chairman, and general manager, Xu Weiming, with a repurchase period from June 18, 2025, to June 17, 2026 [1][2] - The expected repurchase amount is between RMB 200 million and RMB 400 million, with a maximum repurchase price of RMB 39.52 per share [1][2] - The repurchased shares will be used for employee stock ownership plans or equity incentives, and for converting the company's convertible bonds [1][2] Group 2 - As of June 30, 2025, the company has not yet implemented the share repurchase plan and will decide on the timing based on market conditions [2] - The company will comply with relevant regulations and disclose the progress of the repurchase plan in a timely manner [2]

关于第二期以集中竞价交易方式回购股份的进展公告 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： | 回购方案首次披露日 | 2025/6/18，由实际控制人、董事长、总经理徐卫 | | | | | | --- | --- | --- | --- | --- | --- | | | 明先生提议 | | | | | | 回购方案实施期限 | 2025 年 6 6 月 17 日 | 月 | 18 | 日~2026 | 年 | | 预计回购金额 | 20,000万元~40,000万元 | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 √用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 0股 | | | | | | 累计已回购股数占总股本比例 | 0.0000% | | | | | | 累计已回购金额 | 0元 | | | | | | 实际回购价格区间 | 0元/股~0元/股 | | | | | | 证券代码：6881 ...