Core Viewpoint - The company has announced an adjustment to the conversion price of its convertible bonds, reducing it from RMB 11.93 per share to RMB 11.73 per share, effective from June 12, 2025, due to a cash dividend distribution [1][3]. Group 1: Convertible Bond Adjustment - The company issued 24.5 million convertible bonds on April 11, 2023, and the conversion price is subject to adjustment based on specific corporate actions such as cash dividends, stock splits, or new share issuances [1][2]. - The adjustment formula for the conversion price is defined, where the new price (P) is calculated as P = Po - D, with Po being the previous conversion price and D being the cash dividend per share [2][3]. - The cash dividend announced is RMB 0.20 per share, leading to the new conversion price of RMB 11.73 per share [3].

证券代码：002120 证券简称：韵达股份 公告编号：2025-034 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 引第9号——回购股份》等相关规定，韵达控股集团股份有限公司（以下简称"公 司"）通过回购专用证券账户（以下简称"回购专户"）持有的公司股份不享有 参与本次利润分配的权利。 公司2024年年度权益分派方案为：以实施分配方案时股权登记日（2025年6 月11日）的总股本2,899,195,363股剔除公司回购专户中股份7,403,800股后的 不进行公积金转增股本、不送红股。公司本次现金分红的总金额=实际参与分配 的总股本×分配比例，即578,358,312.60元=2,891,791,563股×0.20元/股。 则，实施权益分派前后公司总股本保持不变，现金分红总额分摊到每一股的比例 将减小，本次权益分派实施后计算除权除息价格时，按股权登记日的总股本折算 的每股现金红利=现金分红总额÷股权登记日的总股本 =578,358,312.60元÷ 四舍五入）。 后的除权除息价格按照上述原则及计算方式执行，即：本次权益分派实施后的除 权除息价格 ...

证券代码：002120 证券简称：韵达股份 公告编号：2025-034 特别提示： 1、根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指 引第9号——回购股份》等相关规定，韵达控股集团股份有限公司（以下简称"公 司"）通过回购专用证券账户（以下简称"回购专户"）持有的公司股份不享有 参与本次利润分配的权利。 公司2024年年度权益分派方案为：以实施分配方案时股权登记日（2025年6 月11日）的总股本2,899,195,363股剔除公司回购专户中股份7,403,800股后的 2,891,791,563股为基数，向全体股东每10股派2.00元人民币现金（含税），本次 不进行公积金转增股本、不送红股。公司本次现金分红的总金额=实际参与分配 的总股本×分配比例，即578,358,312.60元=2,891,791,563股×0.20元/股。 2、因公司回购专户上的股份不享有利润分配的权利，根据股票市值不变原 则，实施权益分派前后公司总股本保持不变，现金分红总额分摊到每一股的比例 将减小，本次权益分派实施后计算除权除息价格时，按股权登记日的总股本折算 的每股现金红利=现金分红总额÷股权登记日的总股本=5 ...

| 证券代码：002120 | 证券简称：韵达股份 公告编号：2025-035 | | --- | --- | | 债券代码：127085 | 债券简称：韵达转债 | 韵达控股集团股份有限公司 关于可转换公司债券转股价格调整的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 债券代码：127085 债券简称：韵达转债 调整前"韵达转债"转股价格：人民币11.93元/股 调整后"韵达转债"转股价格：人民币11.73元/股 转股价格调整生效日期：2025年6月12日 当公司可能发生股份回购、合并、分立或任何其他情形使公司股份类别、数 量和/或股东权益发生变化从而可能影响本次发行的可转换公司债券持有人的债 权利益或转股衍生权益时，公司将视具体情况按照公平、公正、公允的原则以及 充分保护本次发行的可转换公司债券持有人权益的原则调整转股价格。有关转股 价格调整内容及操作办法将依据当时国家有关法律法规及证券监管部门的相关 规定来制订。 二、本次可转换公司债券转股价格调整情况 一、关于可转换公司债券转股价格调整的相关规定 韵达控股集团股份有限公司（以下简称" ...

Industry Overview - The low-altitude logistics industry in China consists of a comprehensive supply chain, including upstream raw materials and core components, midstream low-altitude manufacturing, and downstream operational services and applications [1][2] - Upstream materials include metals, special rubber, and polymer materials, while midstream encompasses low-altitude manufacturing, flight operations, and comprehensive services [1][2] - Downstream services cover e-commerce logistics, traditional express delivery, takeaway delivery, and third-party logistics providers, with applications in urban logistics, rural logistics, emergency rescue, and medical supplies delivery [1] Key Players and Their Business Layout - Major companies in the low-altitude logistics sector include Hongdu Aviation, AVIC Helicopter, and DJI, with a focus on various aspects of the supply chain [2][10] - Hongdu Aviation specializes in the design, manufacturing, and maintenance of trainer aircraft, with over 8,000 pieces of equipment [11] - AVIC Helicopter is the largest player in China's helicopter manufacturing industry, with a comprehensive product range [11] - DJI and other drone manufacturers are pivotal in the midstream segment, while logistics companies like SF Express, Meituan, and JD.com are key players in the downstream segment [2][10][12] Regional Development - The low-altitude logistics industry is primarily concentrated in Beijing and Guangdong, where the development of the supply chain is more robust [4][6] - As of April 2025, there are 16 drone industrial parks across China, with notable concentrations in Zhejiang and Jiangsu [8] Recent Developments and Trends - Companies are diversifying their operations, with SF Express, Meituan, and JD.com expanding their business through digital logistics solutions and technological innovations [13][14] - The industry is witnessing advancements in drone technology, including battery life improvements and enhanced obstacle avoidance capabilities [14] - Collaboration among companies is increasing to explore new application scenarios and business models in low-altitude logistics [14] Representative Companies' Latest Developments - SF Express has established a three-segment air transport network and operates a significant number of drone flights daily [12][15] - Meituan has launched multiple drone delivery routes and is expanding its operations internationally, including in the UAE [15] - JD.com is focusing on last-mile delivery in remote areas and has introduced a new generation of logistics drones [15] - China Post is developing a low-altitude logistics network and has signed strategic agreements to enhance its infrastructure [15] - Xunyi Technology is collaborating with China Mobile to promote low-altitude logistics and smart city initiatives [15]

| 证券代码：002120 | 证券简称：韵达股份 公告编号：2025-033 | | --- | --- | | 债券代码：127085 | 债券简称：韵达转债 | 韵达控股集团股份有限公司 关于实施权益分派期间韵达转债暂停转股的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 重要提示： 证券代码：002120，证券简称：韵达股份 债券代码：127085，债券简称：韵达转债 转股价格：人民币 11.93 元/股 转股时间：2023 年 10 月 17 日至 2029 年 4 月 10 日 暂停转股时间：2025 年 5 月 30 日至 2024 年度权益分派股权登记日 恢复转股时间：公司 2024 年度权益分派股权登记日后的第一个交易日 鉴于韵达控股集团股份有限公司（以下简称"公司"）于 2025 年 5 月 27 日 召开的 2024 年年度股东会审议通过了《公司 2024 年度利润分配预案》，公司将 实施 2024 年度权益分派。根据公司《向不特定对象发行可转换公司债券募集说 明书》中"转股价格的调整及计算方式"条款的规定： "本次发行后，若公司发 ...

Core Viewpoint - Yunda Holdings Group Co., Ltd. is expected to trigger a downward adjustment of the conversion price for its convertible bonds due to the stock price being below 85% of the current conversion price for ten consecutive trading days [1][4] Group 1: Convertible Bond Basic Information - The company issued 24.5 million convertible bonds at a price of 100 yuan each, totaling 2.45 billion yuan, which began trading on May 23, 2023 [1] - The initial conversion price was set at 12.15 yuan per share, which was adjusted to 12.10 yuan per share effective June 8, 2023, and will further adjust to 11.93 yuan per share effective June 7, 2024 [2] Group 2: Downward Adjustment Conditions - The conversion price can be adjusted downward if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][3] - The adjusted conversion price must not be lower than the average stock price over the 20 trading days prior to the shareholders' meeting [2] Group 3: Adjustment Procedures - If a downward adjustment is decided, the company will announce the adjustment details, including the adjustment range and the record date for shareholders [3] - The conversion applications will resume on the first trading day after the adjustment date, using the new conversion price [3]

| 证券代码：002120 | 证券简称：韵达股份 | 公告编号：2025-032 | | --- | --- | --- | | 债券代码：127085 | 债券简称：韵达转债 | | 韵达控股集团股份有限公司 （二）转股价格调整情况 根据相关法律法规和《向不特定对象发行可转换公司债券募集说明书》（以 下简称"《可转债募集说明书》"）的有关规定，韵达转债初始转股价格为 12.15 元/股。 关于预计触发转股价格向下修正条件的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 5、本次触发转股价格修正条件的期间从 2025 年 5 月 15 日起算，截至 2025 年 5 月 28 日，韵达控股集团股份有限公司（以下简称"公司"）股票已有十个 交易日收盘价低于"韵达转债"当期转股价的 85%，预计触发转股价格向下修正 条件。根据《深圳证券交易所上市公司自律监管指南第 1 号——业务办理：2.4 向不特定对象发行可转换公司债券》等相关规定，触发转股价格修正条件当日， 公司应当召开董事会审议决定是否修正转股价格，并按照募集说明书的约定及时 履行 ...

Group 1 - The core viewpoint of the news highlights the performance of the CSI 500 Quality Growth Index and its constituent stocks, indicating a slight increase in the index and notable gains in specific stocks like Debang Co., Ltd. and Laofengxiang [1] - As of April 2025, the cumulative year-on-year revenue growth for industrial enterprises was 3.2%, while profit growth was 1.4%, showing a slight decline from previous values [1] - The CSI 500 Quality Growth ETF closely tracks the CSI 500 Quality Growth Index, which selects 100 companies with high profitability, sustainable earnings, and strong cash flow from the CSI 500 Index [2] Group 2 - The top ten weighted stocks in the CSI 500 Quality Growth Index account for 24.07% of the index, with notable companies including Chifeng Jilong Gold Mining and Ninebot [2] - The performance of the CSI 500 Quality Growth ETF is influenced by the underlying index, which reflects the profitability and growth potential of its constituent companies [2] - The analysis indicates that the impact of tariffs on profitability may be delayed, with uncertainties surrounding profit recovery due to low capacity utilization in the mid and downstream sectors [2]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 韵达控股集团股份有限公司（以下简称"公司"）根据 2024 年 10 月 9 日召开 的 2024 年第一次临时股东大会授权，向中国银行间市场交易商协会申请注册发 行规模不超过人民币 30 亿元（含 30 亿元）的中期票据。公司于 2025 年 1 月 14 日披露了《关于中期票据获准注册的公告》，获准注册的中期票据额度为人民币 30 亿元，注册额度自《接受注册通知书》落款之日起 2 年内有效。根据公司资金 计划安排和银行间市场情况，2025 年 5 月 23 日-2025 年 5 月 26 日，公司发行了 2025 年度第二期科技创新债券，发行金额为 6 亿元，募集资金已于 2025 年 5 月 27 日到账。现将发行结果公告如下： | | 发行要素 | | | | --- | --- | --- | --- | | 名称 | 韵达控股集团股份有限公司 | 简称 | 韵达股份 25 | | | 2025 年度第二期科技创新债券 | | MTN002（科创债） | | 代码 | 102582142.IB | 期限 ...