证券代码：002921 证券简称：联诚精密 公告编号：2025-075 山东联诚精密制造股份有限公司 关于部分回购股份注销完成暨股份变动的公告 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： 1、山东联诚精密制造股份有限公司（以下简称"公司"）本次注销部分回 购股份 4,263,100 股，占本次注销前公司总股本比例为 3.08%。本次注销完成后， 公司总股本将由 138,556,236 股变更为 134,293,136 股。 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次部分 回购股份注销事宜已于 2025 年 8 月 29 日办理完成。 公司因实施注销部分回购股份导致公司总股本、无限售条件流通股数量发生 变化，根据《中华人民共和国公司法》《上市公司股份回购规则》《深圳证券交 易所上市公司自律监管指引第 9 号——回购股份》等有关法律法规及公司相关股 份回购方案的规定，现将部分回购股份注销完成暨股份变动的具体情况公告如下： 一、本次回购股份方案的实施及变更回购股份用途并注销的审议程序 （二）变更回购股份用途并注销的审议程序 公司分 ...

Core Points - The company issued 2.60 billion RMB of convertible bonds on July 17, 2020, with a face value of 100 RMB per bond [1] - The initial conversion price was set at 24.37 RMB per share, with the conversion period from January 25, 2021, to July 16, 2026 [1] - The conversion price has been adjusted multiple times, currently standing at 11.59 RMB per share as of June 7, 2024 [5] Convertible Bond Issuance - The company received approval from the China Securities Regulatory Commission to issue 2.60 million convertible bonds [1] - The bonds were listed on the Shenzhen Stock Exchange on August 17, 2020 [1] Conversion Price Adjustments - The conversion price was adjusted from 24.37 RMB to 18.44 RMB on May 11, 2021 [2] - Subsequent adjustments brought the price down to 17.38 RMB by May 31, 2023, and then to 17.44 RMB on June 26, 2023 [3][4] - The most recent adjustment set the conversion price to 11.59 RMB on June 7, 2024 [5] Redemption Conditions - The company has conditional redemption clauses that allow for the redemption of bonds if the stock price exceeds 130% of the conversion price for 15 out of 30 consecutive trading days [6] - The redemption process is set to begin on July 28, 2025, with the last conversion day on August 18, 2025 [7] Redemption Results - As of August 15, 2025, there were 3,691 bonds remaining unconverted, which will be redeemed at a price of 100.22 RMB per bond [7] - Following the redemption, the bonds will be delisted from the Shenzhen Stock Exchange on August 26, 2025 [7]

Core Viewpoint - The announcement details the redemption results of the "Liancheng Convertible Bonds," indicating that the company will fully redeem the remaining bonds due to specific conditions being met, which will lead to the delisting of these bonds from the Shenzhen Stock Exchange [1][8]. Summary by Sections Convertible Bond Basic Information - The company issued 2.60 million convertible bonds on July 17, 2020, with a face value of 100 RMB each, totaling 260 million RMB [1]. - The bonds were listed on the Shenzhen Stock Exchange on August 17, 2020, under the name "Liancheng Convertible Bonds" with the code "128120" [1]. - The conversion period for these bonds is from January 25, 2021, to July 16, 2026, with an initial conversion price of 24.37 RMB per share [1]. Conversion Price Adjustments - The conversion price has been adjusted multiple times, with the latest adjustment reducing it from 17.44 RMB to 11.68 RMB per share, effective from March 7, 2024 [4][5]. - The adjustments were triggered by the stock price falling below certain thresholds, as outlined in the bond's terms [4][5]. Redemption Trigger Conditions - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period or if the remaining unconverted bonds are less than 30 million RMB [6][7]. - The redemption process was initiated following the fulfillment of these conditions, with the board approving the early redemption of the bonds [6][7]. Redemption Results - As of August 15, 2025, there were 3,691 bonds remaining unconverted, which will be redeemed at a price of 100.22 RMB per bond, including accrued interest [7]. - The total redemption amount is approximately 369,912.02 RMB, which represents 0.14% of the total issuance [7]. Impact of Redemption - The redemption will not significantly impact the company's financial status, operating results, or cash flow, nor will it affect the normal use of the funds raised from the bond issuance [7]. - Following the redemption, the bonds will cease to be traded, leading to their delisting from the Shenzhen Stock Exchange on August 26, 2025 [8]. Latest Share Capital Structure - As of August 15, 2025, the total number of shares has increased by 22,383,900 shares due to the conversion of the bonds, affecting the company's share capital structure [8].

（一）可转债发行情况 经中国证券监督管理委员会"证监许可[2020]802 号"文核准，山东联诚精 密制造股份有限公司（以下简称"公司"）于 2020 年 7 月 17 日公开发行了 260 万张可转换公司债券，每张面值 100 元，发行总额 2.60 亿元。 （二）可转债上市情况 经深圳证券交易所（以下简称"深交所"）"深证上[2020]716 号"文同意， 公司 2.60 亿元可转换公司债券于 2020 年 8 月 17 日起在深交所挂牌交易，债券 简称"联诚转债"，债券代码"128120"。 | 证券代码：002921 | 证券简称：联诚精密 | 公告编号：2025-074 | | --- | --- | --- | | 债券代码：128120 | 债券简称：联诚转债 | | 山东联诚精密制造股份有限公司 关于"联诚转债"摘牌的公告 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： 一、可转债基本情况 （三）可转债转股期限 根据《深圳证券交易所股票上市规则》等有关规定和《山东联诚精密制造 股份有限公司公开发行可转换公司债券募集说明书》（以下简称 ...

一、可转债基本情况 （一）可转债发行情况 经中国证券监督管理委员会"证监许可[2020]802 号"文核准，山东联诚精 密制造股份有限公司（以下简称"公司"）于 2020 年 7 月 17 日公开发行了 260 万张可转换公司债券，每张面值 100 元，发行总额 2.60 亿元。 （二）可转债上市情况 | 证券代码：002921 | 证券简称：联诚精密 | 公告编号：2025-073 | | --- | --- | --- | | 债券代码：128120 | 债券简称：联诚转债 | | 山东联诚精密制造股份有限公司 关于"联诚转债" 赎回结果的公告 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。 经深圳证券交易所（以下简称"深交所"）"深证上[2020]716 号"文同意， 公司 2.60 亿元可转换公司债券于 2020 年 8 月 17 日起在深交所挂牌交易，债券 简称"联诚转债"，债券代码"128120"。 （三）可转债转股期限 根据《深圳证券交易所股票上市规则》等有关规定和《山东联诚精密制造 股份有限公司公开发行可转换公司债券募集说明书》（以下简称《募集 ...

Core Insights - The company Liancheng Precision (002921) reported a revenue increase and a reduction in losses for the first half of 2025, with total revenue reaching 550 million yuan, a year-on-year increase of 2.6% [1] - The net profit attributable to shareholders was -12.03 million yuan, showing a year-on-year improvement of 36.03% [1] Financial Performance - Total revenue for Q2 2025 was 289 million yuan, up 5.25% year-on-year [1] - Q2 net profit attributable to shareholders was -4.23 million yuan, an increase of 65.47% year-on-year [1] - Gross margin stood at 12.91%, down 11.08% year-on-year, while net margin improved to -2.17%, a 38.52% increase year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 66.83 million yuan, accounting for 12.15% of revenue, a decrease of 14.68% year-on-year [1] Key Ratios and Metrics - Earnings per share (EPS) was -0.1 yuan, reflecting a 36.97% improvement year-on-year [1] - The company's net asset per share was 7.9 yuan, up 2.08% year-on-year [1] - Operating cash flow per share was 0.45 yuan, down 30.95% year-on-year [1] Historical Context - The company's return on invested capital (ROIC) was 0.3% last year, indicating historically low capital returns [3] - The median ROIC since the company went public is 6.93%, suggesting average investment returns [3] - The company has reported a loss in one of the seven annual reports since its IPO, warranting further investigation into potential underlying issues [3] Cash Flow and Debt Analysis - The cash flow situation is concerning, with cash and cash equivalents covering only 47.14% of current liabilities [3] - The average operating cash flow over the past three years is only 19.87% of current liabilities [3] - The interest-bearing debt ratio has reached 35.62%, indicating a significant level of debt [3]

Group 1 - The core viewpoint of the article is that Liancheng Precision (002921.SZ) reported a decrease in institutional investor holdings in its A-shares, with a total of 13.514 million shares held by three institutions, representing 9.75% of the total share capital, down by 1.56 percentage points from the previous quarter [1] Group 2 - As of August 22, 2025, the institutional investors include Cuili Holdings Limited, J.P. Morgan Securities PLC - proprietary funds, and Citigroup Global Markets Limited, with a combined holding ratio of 9.75% [1] - There was an increase in foreign investment from Citigroup Global Markets Limited, while J.P. Morgan Securities PLC - proprietary funds saw a decrease in holdings by 0.66% compared to the previous quarter [1] - Goldman Sachs International - proprietary funds did not disclose holdings in the current period, indicating a potential shift in foreign institutional interest [1]

Core Insights - The company, Liancheng Precision (002921), reported a revenue of 550 million yuan for the first half of 2025, reflecting a year-on-year growth of 2.60% [1] - The net profit for the same period was -12.03 million yuan, which represents a year-on-year increase of 36.03% [1] - The basic earnings per share were -0.0953 yuan, and the weighted average return on equity (ROE) was -1.07% [1] Financial Performance - Revenue: 550 million yuan, up 2.60% year-on-year [1] - Net Profit: -12.03 million yuan, up 36.03% year-on-year [1] - Basic Earnings per Share: -0.0953 yuan [1] - Weighted Average ROE: -1.07% [1]

山东联诚精密制造股份有限公司 2025 年半年度财务报告 2025 年 8 月 山东联诚精密制造股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 山东联诚精密制造股份有限公司 2025 年半年度财务报告 | 一年内到期的非流动负债 | 60,995,618.98 | 53,297,256.27 | | --- | --- | --- | | 其他流动负债 | 2,054,992.15 | 4,335,737.80 | | 流动负债合计 | 772,304,391.90 | 783,272,326.33 | | 非流动负债： | | | | 保险合同准备金 | | | | 长期借款 | 116,692,928.57 | 136,164,571.43 | | 应付债券 | 169,472,902.34 | 248,307,481.61 | | 其中：优先股 | | | | 永续债 | | | | 租赁负债 | 26,436,792.28 | 27,288,920.88 | | 长期应 ...

| 证券代码：002921 | 证券简称：联诚精密 | 公告编号：2025-072 | | --- | --- | --- | | 债券代码：128120 | 债券简称：联诚转债 | | 山东联诚精密制造股份有限公司 2025年半年度募集资金存放与使用情况的专项报告 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。 根据《上市公司募集资金监管规则》《深圳证券交易所上市公司自律监管指 引第 1 号——主板上市公司规范运作》等相关法律法规规定，山东联诚精密制 造股份有限公司（以下简称"公司"或"本公司"）将 2025 年半年度募集资金存 放与实际使用情况专项说明如下： 一、募集资金基本情况 (一) 公开发行可转换公司债券 1．实际募集资金金额和资金到账时间 根据中国证券监督管理委员会证监许可[2020]802 号文核准，公司公开发行 人民币 260,000,000.00 元的可转换公司债券，募集资金总额人民币 260,000,000.00 元，扣除承销及保荐费用含税人民币 7,200,000.00 元（含税承销及保荐费用为人 民币 8,000,000.00 元，公司 ...