奥佳华智能健康科技集团股份有限公司 公开发行可转换公司债券 定期跟踪评级报告 项目负责人：黄梦姣 hmj@shxsj.com 项目组成员：郝泽 haoze@shxsj.com 评级总监： 张明海 联系电话： (021) 63501349 联系地址：上海市黄浦区汉口路 398 号华盛大厦 14 层 公司网站：www.shxsj.com 上海新世纪资信评估投资服务有限公司 Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. 声明 除因本次评级事项使本评级机构与评级对象构成委托关系外，本评级机构、评级人员与评级对象不存在任何影响 评级行为独立、客观、公正的关联关系。 本评级机构与评级人员履行了调查和诚信义务，所出具的评级报告遵循了真实、客观、公正的原则。 本报告的评级结论是本评级机构依据合理的内部信用评级标准和程序做出的独立判断，未因评级对象和其他任 何组织或个人的不当影响改变评级意见。 本次跟踪评级依据评级对象及其相关方提供或已经正式对外公布的信息，相关信息的真实性、准确性和完整性由 资料提供方或发布方负责。本评级机构合理采信其他专业机构 ...

奥佳华智能健康科技集团股份有限公司（以下简称"公司"）于近日接到公 司控股股东、实际控制人邹剑寒先生的通知，邹剑寒先生将其所持有公司的部分 股份办理了质押及解除质押业务。现将有关情况公告如下： 一、股东股份质押的基本情况 | 股东名称 | 是否为控股股东 或第一大股东及 | 本次解除质 押数量（股） | 占其所持股 份比例 | 占公司总股 本比例 | 起始日 | | 解除日期 | | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 其一致行动人 | | | | | | | | | | 邹剑寒 | 是 | 20,000,000 | 15.67% | 3.21% | 2024 年 月 17 日 | 5 | 2025 年 月 29 日 | 5 | 华夏银行股份 有限公司厦门 分行 | 1、本次股份解除质押基本情况 | 证券代码：002614 | 股票简称：奥佳华 | 公告编号：2025-24 | 号 | | --- | --- | --- | --- | | 债券代码：128097 | 债券简称：奥佳转债 | | | 奥 ...

Group 1: Market Overview and Impact - In 2024, the domestic massage product market is expected to experience a rebound in the fourth quarter due to government consumption subsidy policies, following a weak demand in the first three quarters [2] - The company is actively conducting promotional activities, including a trade-in policy, which has positively impacted product sales [2] Group 2: Competitive Strategy - The company is committed to long-termism and focuses on the health industry, emphasizing innovation and technological advancement in its "AI + massage" product line [3] - The market penetration rate for health massage products is currently low, indicating potential for future growth [3] Group 3: Financial Performance - The company's gross margin is expected to decline in 2024 due to rigid operational costs and product structure adjustments, while continuing to invest in the health massage industry [4] Group 4: International Operations and Tariff Impact - Non-U.S. business dominates the company's global operations, with U.S. sales accounting for less than 25% of total revenue [5] - The company is gradually resuming shipments to the U.S. after a temporary halt due to a 30% tariff adjustment, with overseas ODM business primarily settled on a FOB basis [5] - The establishment of a factory in Vietnam is expected to enhance supply chain capabilities and improve operational resilience [5] Group 5: Convertible Bond Strategy - The company decided not to adjust the conversion price of its convertible bonds during the board meeting on December 13, 2024, and will not propose any downward adjustments for the next six months [6]

Group 1 - The company announced the resumption of the conversion of its convertible bonds, referred to as "Aojia Convertible Bonds" (bond code: 128097), effective from May 29, 2025 [2][5] - The suspension of the conversion was due to the implementation of the company's 2024 annual equity distribution, which began on May 22, 2025 [2][3] - The company assures that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1][4]

| 证券代码：002614 | 股票简称：奥佳华 | 公告编号：2025-23 | 号 | | --- | --- | --- | --- | | 债券代码：128097 | 债券简称：奥佳转债 | | | 奥佳华智能健康科技集团股份有限公司 关于"奥佳转债"恢复转股的公告 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。 特别提示： 敬请公司可转换公司债券持有人注意。 特此公告。 奥佳华智能健康科技集团股份有限公司 董 事 会 2025 年 5 月 27 日 1、债券代码：128097，债券简称：奥佳转债 2、恢复转股时间：自 2025 年 5 月 29 日起恢复转股 奥佳华智能健康科技集团股份有限公司（以下简称"公司"）因实施公司 2024 年年度权益分派，根据《公司公开发行可转换公司债券募集说明书》及相 关规定，自 2025 年 5 月 22 日起公司可转换公司债券（债券简称：奥佳转债；债 券代码：128097）暂停转股。具体内容详见公司于 2025 年 5 月 22 日在指定信息 披露媒体《证券时报》《证券日报》《上海证券报》《中国证券报》及巨潮资讯 网 ...

Trading Information - On May 23, 2025, the stock price of Aojiahua (002614) closed at 6.56 yuan, down 2.09%, with a turnover rate of 1.65% and a trading volume of 72,800 hands, resulting in a transaction amount of 48.4961 million yuan [1] - The fund flow on May 23 showed a net outflow of 241.67 thousand yuan from main funds, a net outflow of 293.09 thousand yuan from speculative funds, and a net inflow of 534.76 thousand yuan from retail investors [1][5] Company Announcements - Aojiahua's 2024 annual profit distribution plan was approved at the shareholders' meeting on May 20, 2025, with a distribution of 1.00 yuan (after tax) per 10 shares, totaling an expected cash dividend of 62,347,675.20 yuan (after tax) [2][3] - The record date for the dividend distribution is set for May 28, 2025, and the ex-dividend date is May 29, 2025 [2] - The convertible bond "Aojia Convertible Bond" (bond code: 128097) will have its conversion price adjusted from 9.45 yuan to 9.35 yuan per share, effective from May 29, 2025 [3]

Group 1 - The company has issued 12 million convertible bonds, known as "Aojia Convertible Bonds" (bond code: 128097), which were listed on March 18, 2020 [1][2] - The adjustment of the conversion price for the convertible bonds will occur based on specific corporate actions such as stock dividends, capital increases, and cash dividends [1][2] - The conversion price before adjustment is 9.45 CNY per share, and the adjusted conversion price will be 9.35 CNY per share, effective from May 29, 2025 [3] Group 2 - The company will distribute a cash dividend of 1.00 CNY (including tax) for every 10 shares based on the total share capital of 623,476,857 shares [2] - The conversion period for the "Aojia Convertible Bonds" is from September 2, 2020, to February 25, 2026 [3]

Core Points - The company has announced its profit distribution plan for the fiscal year 2024, which includes a cash dividend of RMB 1.00 for every 10 shares held, with no bonus shares or capital reserve conversion [1][2] - The total share capital of the company is 623,476,857 shares, and the cash dividend will be distributed based on this figure [2][3] - The record date for the distribution is set for May 28, 2025, and the ex-dividend date is May 29, 2025 [3] Profit Distribution Plan - The profit distribution plan specifies that shareholders will receive RMB 1.00 per 10 shares, with different tax treatments for various types of shareholders [2][3] - For Hong Kong market investors and certain foreign institutions, the cash dividend will be RMB 0.90 per 10 shares due to tax considerations [2] - The company will not withhold individual income tax at the time of distribution; instead, it will be calculated based on the holding period when shares are sold [3] Convertible Bond Adjustments - The company's convertible bonds, known as "Aojia Convertible Bonds," will have their conversion price adjusted from RMB 9.45 to RMB 9.35 per share following the profit distribution [3][4] - This adjustment will take effect on May 29, 2025, after the completion of the profit distribution [3]

| 证券代码：002614 | 股票简称：奥佳华 | 公告编号：2025-22 | 号 | | --- | --- | --- | --- | | 债券代码：128097 | 债券简称：奥佳转债 | | | 一、关于可转换公司债券转股价格调整的相关规定 奥佳华智能健康科技集团股份有限公司（以下简称"公司"或"本公司"） 公开发行了 1,200 万张可转换公司债券（债券简称：奥佳转债，债券代码：128097） 并于 2020 年 3 月 18 日上市。根据《公司公开发行可转换公司债券募集说明书》 及中国证券监督管理委员会（以下简称"中国证监会"）关于可转换公司债券发 行的有关规定，在本次可转换公司债券发行之后，当公司因派送股票股利、转增 股本、增发新股（不包括因本次可转换公司债券转股而增加的股本）、配股使公 司股份发生变化及派送现金股利等情况时，将按下述公式进行转股价格的调整 （保留小数点后两位，最后一位四舍五入）： 派送股票股利或转增股本：P1=P0/（1+n） 增发新股或配股：P1=（P0+A×k）/（1+k） 上述两项同时进行：P1=（P0+A×k）/（1+n+k） 奥佳华智能健康科技集团股份有限公司 关 ...

奥佳华智能健康科技集团股份有限公司 | 证券代码：002614 | 股票简称：奥佳华 | 公告编号：2025-21 | 号 | | --- | --- | --- | --- | | 债券代码：128097 | 债券简称：奥佳转债 | | | 2024 年年度权益分派实施公告 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。 奥佳华智能健康科技集团股份有限公司（以下简称"公司"或"本公司"） 2024 年年度权益分派方案已获 2025 年 5 月 20 日召开的 2024 年年度股东大会审 议通过，现将权益分派事宜公告如下： 一、股东大会审议通过利润分配方案的情况 1、公司 2024 年年度股东大会审议通过了《关于公司 2024 年度利润分配预 案的议案》，公司 2024 年度利润分配方案为：以公司未来实施 2024 年度权益分 配方案时股权登记日的总股本为基数，向全体股东每 10 股派发现金股利人民币 1.00 元（含税），预计派发现金股利人民币 62,347,675.20 元（含税），本年度 不送红股，不进行资本公积转增股本。若在利润分配预案公布后至实施前， ...