Core Points - The company held its 25th meeting of the 8th Board of Directors on June 17, 2025, with all 9 directors present, ensuring compliance with legal regulations [1][2] - The board approved a resolution to lower the conversion price of the "Hangyang Convertible Bonds" to 25.98 yuan per share, effective from June 18, 2025 [1][2] Summary by Sections Meeting Details - The meeting was convened by Chairman Zheng Wei and attended by all 9 directors, with supervisors and senior management present [1] - The notice and materials for the meeting were sent out on June 13, 2025, via fax and email [1] Resolution Passed - The board unanimously approved the proposal to adjust the conversion price of the convertible bonds, with 100% of the votes in favor [2] - The adjustment is in accordance with relevant regulations and the authorization from the company's first extraordinary general meeting of 2025 [1]

Group 1 - The company held its first extraordinary general meeting of shareholders in 2025 on June 17, with a total of 380 shareholders and representatives attending, representing 53.5043% of the total share capital [1][2] - The voting results showed that 577,907,453 shares were in favor of the proposals, accounting for a significant majority of the votes cast [2] - The legal opinion from Zhejiang Tiance Law Firm confirmed that the meeting's procedures and voting were in compliance with legal and regulatory requirements [2] Group 2 - The meeting included both on-site and online voting, with 366 shareholders participating in online voting, representing 9.0834% of the total share capital [1][2] - Among minority investors, 52,717,968 shares voted in favor, which is 58.1844% of the minority investor votes, indicating strong support [2] - The meeting's resolutions and legal opinions will be available for review, ensuring transparency and accountability [2][3]

杭氧股份的主营业务包括主要从事大中型成套空分设备、石化设备及低温相关设备的设计制造，工业气体投资及运营，以及工程设计、总承包业务。其核心 产品主要分为气体销售和空分设备等，从产品收入结构来看，气体销售占比最高，达到59.05%，其次是空分设备，占比32.99%。 杭氧股份上市的2010年，当年实现归母净利润3.55亿元，截至最新完整财年的2024年，公司实现9.22亿元的归母净利润，累计利润增长了159.99%。这15个 年间，杭氧股份有1年出现亏损，归母净利润增长的年份达到9年，占比高达60.0%。从最近年份的杭氧股份财报来看，盈利能力呈现波动态势。 杭氧股份自2010年6月10日上市至今，已迎来15周年。从上市首日收盘价为24.26元、市值97.28亿元，到如今市值达到190.58亿元，杭氧股份的成长不仅仅是 业务规模的扩张，更是从传统设备制造向气体运营服务转型的探索，但从最近几年公司经营表现来看，增长动能有所放缓。 营收角度分析，杭氧股份2020年实现营收100.21亿元，2024年达到137.16亿元。营收保持稳步增长态势，但增速逐年放缓。 2022年10月27日，杭氧股份的市值巅峰达到445.03亿 ...

Group 1 - The core viewpoint of the news is that Kefa Investment has conducted research on Hangyang Co., which is expected to have significant production capacity and strategic developments in the helium market by 2025 [1] - Hangyang Co. plans to produce 500,000 cubic meters of air separation units by 2025, involving multiple projects [1] - The company has made progress in the helium sector, achieving domestic substitution for liquid helium tanks and establishing a joint venture for helium sales [1] Group 2 - In 2024, Hangyang Co. will reduce its dividends to maintain financial stability [1] - The company is focusing on expanding its retail gas terminal rate and increasing the number of bottled gas filling stations [1] - The overseas equipment orders are expected to have a higher gross margin due to price advantages and tax rebate policies [1] Group 3 - The company is actively exploring opportunities in emerging markets such as the Belt and Road Initiative, Southeast Asia, Africa, and India [1] - Retail gas prices were low in the first quarter, but the company maintains stable earnings due to the cost advantages of liquid sales from pipeline gas [1] - The future price recovery of argon gas in 2024 will depend on economic recovery, the development of the photovoltaic industry, and market supply-demand conditions [1]

Group 1: New Projects and Production - In 2025, several new air separation projects are expected to be launched, including Xuzhou Hangyang (50,600 m³), Shandong Hangyang (105,000 m³), Yunfu Hangyang (40,000 m³), and Zezhou Hangyang (80,000 m³) [1] - The company aims to maintain financial stability and may adjust its dividend policy to ensure a stable capital structure and sustainable future development [1] Group 2: Market and Pricing Insights - The first quarter liquid gas prices are at a relative low point, but the company benefits from cost advantages in liquid sales due to pipeline gas configuration, leading to stable earnings [2] - The company has established a helium sales joint venture to enhance market supply and meet electronic gas demand [2] Group 3: Equipment Orders and Overseas Expansion - The company anticipates increased investment in overseas business units and expansion opportunities in equipment exports, particularly in the western coal chemical sector [2] - Key overseas export regions for 2024 include the Belt and Road area, Southeast Asia, and emerging markets like Africa and India [2] Group 4: Retail Gas and Bottled Gas Development - The company expects fluctuations in terminal rates as liquid gas volumes increase, with terminal rate improvement being a long-term process [2] - In 2024, the company sold a total of 320,000 bottled gas units and plans to continue expanding its filling station network [3] Group 5: Profitability and Risk Management - The gross margin for overseas orders is generally higher due to competitive pricing and export tax rebate policies, although actual margins may vary by contract [3] - The company collaborates primarily with leading private enterprises, maintaining controllable risk and stable profitability [3] Group 6: Future Outlook - The company is focused on acquiring existing projects rather than new capital expenditures for air separation capacity, given the limited market growth [2] - Future pricing trends for retail gases, particularly argon, will depend on economic recovery, photovoltaic industry developments, and market supply-demand dynamics [3]

Core Viewpoint - The company proposes to adjust the conversion price of its convertible bonds downward, which requires approval from the shareholders' meeting with more than two-thirds of the voting rights present [1][6]. Group 1: Convertible Bond Basic Information - The company issued 11.37 million convertible bonds at a face value of 100 yuan each, totaling 1.137 billion yuan, approved by the China Securities Regulatory Commission [1][2]. - The initial conversion price was set at 28.69 yuan per share, effective from November 25, 2022, until the bond's maturity on May 18, 2028 [2][3]. Group 2: Conversion Price Adjustment - The conversion price was adjusted from 28.69 yuan to 27.88 yuan due to the issuance of restricted stock options, effective from May 8, 2023 [3][4]. - The company has the right to propose a downward adjustment of the conversion price if the stock price falls below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [5][6]. Group 3: Recent Developments - As of May 29, 2025, the stock price condition for downward adjustment was triggered, leading to the proposal for a new conversion price adjustment [6][7]. - The company seeks authorization from the shareholders' meeting to handle all matters related to the adjustment, including determining the new conversion price and its effective date [7].

Group 1 - The company held its 24th meeting of the 8th Board of Directors on May 29, 2025, where all 9 directors participated, ensuring compliance with legal and regulatory requirements [1] - The Board approved a proposal to lower the conversion price of the "Hangyang Convertible Bond" and agreed to submit this proposal for review at the first extraordinary general meeting of shareholders in 2025 [2] - The company triggered the condition for lowering the conversion price as the stock price was below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2] Group 2 - The Board proposed to authorize itself to handle all matters related to the adjustment of the conversion price, including determining the new conversion price and effective date [2] - The voting results showed unanimous support with 9 votes in favor, 0 against, and 0 abstentions, representing 100% of the total voting rights [2] - The Board also approved the proposal to convene the first extraordinary general meeting of shareholders in 2025 to review the relevant proposals [2]

Meeting Information - The first extraordinary general meeting of shareholders for 2025 will be held on June 17, 2025, with both on-site and online voting options available [1][2] - The meeting is convened by the company's board of directors and complies with relevant laws and regulations [1][2] - The record date for shareholders to attend the meeting is June 12, 2025 [2] Voting Procedures - Shareholders can vote through the Shenzhen Stock Exchange trading system or the internet voting system [4][5] - Only one voting method can be chosen for each share, and duplicate votes will be resolved by the first vote cast [2][4] - Special resolutions require more than two-thirds of the voting rights held by attending shareholders to pass [3] Registration Details - Natural person shareholders must present identification and shareholder account cards for registration [3][4] - Registration is available on June 13 and June 16, 2025, from 8:30 AM to 4:30 PM [4] - The registration location is the company's securities department office in Hangzhou [4] Additional Information - The meeting will last half a day, and participants are responsible for their own accommodation and travel expenses [5] - Contact information for inquiries includes a phone number and fax [5]

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 杭氧集团股份有限公司（以下简称"公司"）于 2025 年 5 月 29 日召开第八 届董事会第二十四次会议，审议通过了《关于董事会提议向下修正"杭氧转债" 转股价格的议案》，本事项尚需提交公司股东大会审议并经出席会议的股东所持 表决权的三分之二以上通过方可实施。现将相关内容公告如下： | 证券简称：杭氧股份 | | --- | | 证券代码：002430 | | 公告编号：2025-052 | 转债代码：127064 转债简称：杭氧转债 杭氧集团股份有限公司 关于董事会提议向下修正"杭氧转债"转股价格的公告 一、可转换公司债券基本情况 （一）发行情况 经中国证券监督管理委员会《关于核准杭州制氧机集团股份有限公司公开发 行可转换公司债券的批复》（证监许可[2022]408号文）核准，并经深圳证券交易 所同意，杭氧股份于2022年5月19日公开发行了1,137万张可转换公司债券，每张 面值100元，按面值发行，发行总额为11.37亿元。发行方式采用向公司原股东优 先配售，原股东优先配售后余额部分（含原股东放弃优先配售 ...

| | | 转债代码：127064 转债简称：杭氧转债 杭氧集团股份有限公司 关于召开2025年第一次临时股东大会的通知公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 一、会议召开的基本情况 （一）股东大会届次：2025年第一次临时股东大会 （二）会议召集人：公司董事会 （三）会议召开的合法、合规性：公司第八届董事会第二十四次会议审议通 过了《关于召开2025年第一次临时股东大会的议案》，本次会议的召集和召开符 合《公司法》及《公司章程》的有关规定，合法有效。 （四）会议召开时间： 1、现场会议时间：2025年6月17日（星期二）下午14：30； 2、网络投票时间：2025年6月17日 其中，通过深交所交易系统进行网络投票的具体时间为：2025年6月17日上午 9:15—9:25，9:30—11:30 和下午13:00—15:00；通过深交所互联网投票系统 （http://wltp.cninfo.com.cn）投票的具体时间为：2025年6月17日上午9：15至下午 15：00期间的任意时间。 （五）会议召开方式：本次股东大会采取现场投票和网络投票相结合 ...