Core Viewpoint - The company has decided not to lower the conversion price of the "Leizhi Convertible Bonds" despite the stock price being below the current conversion price during the specified trading period [2][11]. Group 1: Convertible Bond Issuance and Pricing - The company was approved to issue convertible bonds with a net fundraising amount of RMB 390,460,551.88 after deducting issuance costs [2]. - The convertible bonds were listed on the Shenzhen Stock Exchange on May 20, 2022, with the bond code "127062" [3]. - The conversion period for the bonds is from October 27, 2022, to April 20, 2028 [3]. Group 2: Conversion Price Adjustments - The initial conversion price was set at RMB 7.74 per share, effective from June 8, 2022 [3]. - Subsequent adjustments to the conversion price occurred, with the latest adjustment setting the price at RMB 7.67 per share, effective from May 12, 2023 [6]. - The company has a mechanism for adjusting the conversion price if the stock price falls below 85% of the current conversion price for a specified period [10]. Group 3: Board Decision on Conversion Price - The board of directors decided not to exercise the option to lower the conversion price, considering the company's fundamentals, stock price trends, and market conditions [11]. - The board will reassess the situation after September 5, 2025, if the stock price triggers the conditions for a downward adjustment again [11].

关于不向下修正"垒知转债"转股价格的公告 | 证券代码：002398 | 证券简称：垒知集团 | 公告编号：2025-074 | | --- | --- | --- | | 债券代码：127062 | 债券简称：垒知转债 | | 垒知控股集团股份有限公司（以下简称"公司"）于 2025 年 9 月 4 日召开了 第六届董事会第三十四次会议，审议通过了《关于不向下修正"垒知转债"转股 价格的议案》，具体情况如下： 一、可转换公司债券发行上市情况 垒知控股集团股份有限公司 关于不向下修正"垒知转债"转股价格的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 1、截至 2025 年 9 月 4 日，公司股票在连续 30 个交易日中已有连续 15 个 交易日（2025 年 8 月 15 日至 2025 年 9 月 4 日）的收盘价低于当期转股价格的 85%，已触发转股价格向下修正条件。 2、经公司第六届董事会第三十四次会议审议通过，公司董事会决定本次不 向下修正"垒知转债"转股价格。从 2025 年 9 月 5 日起重新计算，若公司股价 再次触发"垒知转债 ...

关于预计触发转股价格向下修正条件的提示性公告 | 证券代码：002398 | 证券简称：垒知集团 | 公告编号：2025-072 | | --- | --- | --- | | 债券代码：127062 | 债券简称：垒知转债 | | 垒知控股集团股份有限公司 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公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 1、证券代码：002398 证券简称：垒知集团 2、债券代码：127062 债券简称：垒知转债 3、转股价格：7.59 元/股 4、转股期限：2022 年 10 月 27 日至 2028 年 4 月 20 日 5、自 2025 年 8 月 15 日至 2025 年 8 月 28 日，公司股票在连续 30 个交易 日中已有连续 10 个交易日的收盘价低于当期转股价格的 85%，预计触发转股价 格向下修正条件。若触发转股价格修正条件，公司将按照深交所相关规定及募集 说明书的约定及时履行后续审议程序和信息披露义务。 关于预计触发转股价格向下修正条件的提示性公告 经深圳证券交易所同意，公司本次可转换公司债券于 2 ...

Core Viewpoint - The recent financial report of Leizhi Group (002398) indicates a slight increase in total revenue but a significant decline in net profit, highlighting potential concerns regarding the company's financial health and operational efficiency [1][2]. Financial Performance Summary - Total revenue for the first half of 2025 reached 1.195 billion yuan, a year-on-year increase of 1.34% [1]. - Net profit attributable to shareholders was 65.81 million yuan, reflecting a year-on-year decrease of 9.07% [1]. - In Q2 2025, total revenue was 666.5 million yuan, up 1.0% year-on-year, while net profit was 28.79 million yuan, down 5.6% year-on-year [1]. - The gross profit margin decreased to 21.5%, down 8.19% year-on-year, and the net profit margin fell to 5.51%, down 9.29% year-on-year [1]. - Total operating expenses (sales, management, and financial expenses) amounted to 144 million yuan, accounting for 12.07% of revenue, a decrease of 10.61% year-on-year [1]. - Earnings per share were 0.09 yuan, down 10.0% year-on-year, while operating cash flow per share increased significantly to 0.23 yuan, up 319.34% year-on-year [1]. Balance Sheet Highlights - The company reported a significant increase in interest-bearing liabilities, which rose by 28.25% to 604 million yuan [1]. - Accounts receivable decreased by 13.58% to 2.392 billion yuan, but the accounts receivable to net profit ratio reached an alarming 4855% [1][2]. - Cash and cash equivalents dropped by 39.41% to 240 million yuan [1]. Business Model Insights - The company's performance is primarily driven by research and marketing efforts, necessitating a deeper examination of the underlying factors [2]. - Leizhi's new product, LetsRobot, aims to address key industry pain points such as heavy reliance on manual labor, quality control issues, and safety hazards, thereby reducing labor intensity and production costs while enhancing quality [2].

Group 1 - The core viewpoint of the article is that Leizhi Group (002398.SZ) reported its semi-annual results for 2025, highlighting the current institutional and public fund holdings in the company [1] - As of August 25, 2025, five institutional investors disclosed holding a total of 55.3138 million shares of Leizhi Group, accounting for 7.92% of the total share capital [1] - The institutional investors include various funds managed by Guotai Junan Securities and Shanghai Tongyi Investment Management, with the overall institutional holding ratio decreasing by 0.08 percentage points compared to the previous quarter [1] Group 2 - One public fund, Huatai-PB CSI 2000 Index Enhanced A, was disclosed in this period, which was not reported in the previous quarter [1]

Meeting Information - The company will hold its first extraordinary general meeting of shareholders for 2025 on September 16, 2025, at 15:00 [1] - The meeting will comply with relevant laws, regulations, and the company's articles of association [1] Voting Procedures - Shareholders can vote either in person or through a proxy, with proxies not required to be shareholders [2] - Network voting will be available through the Shenzhen Stock Exchange trading system and internet voting system on the same day [2] - Shareholders must choose either in-person or network voting, and duplicate votes will be counted as the first valid vote [2][3] Agenda Items - The meeting will review several proposals, including the election of 5 non-independent directors and 3 independent directors using a cumulative voting method [3][4] - Special resolutions require approval from at least two-thirds of the voting rights held by attending shareholders [4] - The results of the voting will be disclosed separately for minority investors [4] Registration and Attendance - Shareholders must register to attend the meeting, with specific documentation required for both individual and corporate shareholders [5] - Registration can also be done via mail or fax, with original documents required for in-person attendance [5] Network Voting Process - Detailed procedures for network voting will be provided, including how to cast votes for both cumulative and non-cumulative proposals [6][8] - Shareholders must ensure their votes do not exceed their allocated voting rights [7] Additional Information - The meeting is expected to last half a day, and attendees will bear their own travel and accommodation costs [5] - Contact information for meeting inquiries is provided [5]

Meeting Notification and Resolution - The 33rd meeting of the 6th Board of Directors of Leizhi Holdings Group Co., Ltd. was held on August 22, 2025, in Xiamen, with all 9 directors present [1] - The meeting was convened in accordance with the Company Law of the People's Republic of China and the company's articles of association [1] Financial Report - The meeting approved the 2025 semi-annual report and its summary, with a unanimous vote of 9 in favor [2] - The report is stated to accurately reflect the company's actual situation without any false records or misleading statements [2] Board Restructuring - The board approved the proposal for the election of the 7th Board of Directors, with a composition of 9 members: 5 non-independent directors, 3 independent directors, and 1 employee representative [2][3] - Candidates for the 7th Board include Cai Yongtai, Lin Xiangyi, Liu Jingying, Pan Zhifeng, Dai Xinghua, Wang Fengzhou, Yang Chunjiao, and Li Wankai, with independent candidates subject to Shenzhen Stock Exchange approval [2][3] Amendments to Company Regulations - The board approved several amendments to the company's articles of association and various internal rules, including: - Articles of Association [3][4] - Shareholders' Meeting Rules [4][5] - Board Meeting Rules [5] - President's Work Guidelines [5] - Information Disclosure System [6] - External Guarantee Management Measures [6] - Audit Committee Meeting Rules [7] - Nomination Committee Meeting Rules [7] - Compensation and Assessment Committee Meeting Rules [8] - Strategic Committee Meeting Rules [8] - Independent Director Work Guidelines [9] - Independent Director Annual Report Work System [9] - Board Secretary Work Guidelines [10] - Management System for Directors and Senior Executives Holding Company Shares [10] - External Financial Assistance Management Measures [10] - Related Party Transaction Management Measures [11] - Fundraising Management Measures [12] - Investor Relations Management System [12] - Director Departure Management System [12] - Information Disclosure Deferral and Exemption Management System [13] Upcoming Shareholder Meeting - The board decided to hold the 2025 first extraordinary general meeting on September 16, 2025, at 15:00 in Xiamen, combining on-site and online voting [14]

Meeting Notification and Conduct - The sixth session of the Supervisory Board of Leizhi Holdings Group Co., Ltd. was held on August 22, 2025, in Xiamen, chaired by Mr. Ruan Minquan. The meeting was properly notified to all supervisors and the secretary of the board on August 19, 2025, through various means [1][2] - A total of 3 supervisors were supposed to attend, with 2 actually present, meeting the legal and regulatory requirements [1] Meeting Resolutions - The meeting approved the "2025 Semi-Annual Report and its Summary" with a voting result of 2 votes in favor, 0 against, and 0 abstentions [1] - The Supervisory Board confirmed that the procedures for preparing and reviewing the 2025 semi-annual report complied with relevant laws, regulations, and internal control systems, ensuring the report's content is true, accurate, and complete [2] Report Publication - The full text and summary of the 2025 semi-annual report will be published on August 26, 2025, on the Giant Tide Information Network and in the Securities Times [2]

Group 1 - The core point of the article is that Leizhi Group announced the results of its board meeting and provided insights into its revenue composition for the first half of 2025 [1] - The board meeting took place on August 22, 2025, in Xiamen, where the company reviewed the proposal to amend the management system for shares held by directors and senior executives [1] - As of the report, Leizhi Group has a market capitalization of 3.8 billion yuan [1] Group 2 - In the first half of 2025, the revenue composition of Leizhi Group was as follows: new building materials accounted for 80.94%, comprehensive construction technology services for 12.45%, software and hardware sales and services for 5.6%, special construction industry for 0.66%, and others for 0.35% [1]

Group 1 - The company reported a revenue of 1.195 billion yuan for the first half of 2025, representing a year-on-year growth of 1.34% [1] - The net profit attributable to shareholders of the listed company was 65.8127 million yuan, showing a year-on-year decline of 9.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 55.8652 million yuan, down 6.62% year-on-year [1] - The basic earnings per share were 0.09 yuan [1]