Group 1 - The rare earth permanent magnet sector in the A-share market has shown strong performance, with several companies experiencing significant stock price increases [1] - Jinli Permanent Magnet (300748) reached a 20% limit up, while Dadi Bear and Benlang New Materials rose over 11% [1] - Other notable performers include Goldwind Technology, Zhonggang Tianyuan (002057), and Baogang Co. (600010), which all hit the 10% limit up [1] Group 2 - Jinli Permanent Magnet has a total market capitalization of 49.9 billion, with a year-to-date increase of 104.5% [2] - Dadi Bear has a market cap of 4.386 billion and a year-to-date increase of 85.86% [2] - Benlang New Materials has a market cap of 4.32 billion and a year-to-date increase of 203.21% [2] - Goldwind Technology has a market cap of 49.1 billion and a year-to-date increase of 14.05% [2] - Zhonggang Tianyuan has a market cap of 8.632 billion and a year-to-date increase of 59.63% [2] - Baogang Co. has a market cap of 135.4 billion and a year-to-date increase of 60.75% [2] - Other companies like Zhenghai Magnetic Materials and North Rare Earth also showed significant increases in stock prices and market capitalization [1][2]

Group 1 - The rare earth permanent magnet sector in the A-share market has shown strong performance, with several stocks hitting their daily limit up [1] - Notable performers include Jinli Permanent Magnet, which reached a limit up of 20%, and Dadi Bear and Benlang New Materials, which rose over 11% [1][2] - Other companies such as Goldwind Technology, China Steel Tianyuan, and Baogang Co. also saw significant gains, with increases close to 10% [1][2] Group 2 - Jinli Permanent Magnet has a total market capitalization of 49.9 billion, with a year-to-date increase of 104.50% [2] - Dadi Bear and Benlang New Materials have market capitalizations of 4.386 billion and 4.32 billion respectively, with year-to-date increases of 85.86% and 203.21% [2] - Other companies in the sector, such as China Steel Tianyuan and Baogang Co., have market capitalizations of 8.632 billion and 135.4 billion, with year-to-date increases of 59.63% and 60.75% respectively [2]

Core Viewpoint - Yantai Zhenghai Magnetic Materials Co., Ltd. has announced the early redemption of its convertible bonds, "Zhenghai Convertible Bonds," due to the stock price exceeding the conditional redemption threshold, aiming to reduce interest expenses and improve capital efficiency [2][4]. Group 1: Convertible Bond Details - The company issued 14 million convertible bonds at a face value of 100 yuan each, totaling 1.4 billion yuan, with the issuance approved by the China Securities Regulatory Commission [2][3]. - The initial conversion price of the bonds was set at 13.23 yuan per share, which has been adjusted due to annual equity distribution plans [3][4]. - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days within a 30-day period [4][6]. Group 2: Redemption Process - The redemption price is set at 100.50 yuan per bond, which includes accrued interest calculated based on a 0.60% annual interest rate [5][6]. - The redemption will take place on September 29, 2025, with trading of the bonds ceasing on September 17, 2025, and the redemption funds being transferred to bondholders' accounts on the redemption date [5][6]. - Bondholders are advised to convert their bonds into shares before the redemption deadline to avoid potential losses [1][2]. Group 3: Shareholder Transactions - Company executives, including the Vice President and CFO, have engaged in transactions involving the convertible bonds within six months prior to the redemption conditions being met, with specific details on their holdings provided [6][7].

Core Viewpoint - Yantai Zhenghai Magnetic Materials Co., Ltd. has decided to exercise the early redemption of its convertible bonds to reduce interest expenses and improve capital efficiency [1][2]. Group 1: Board Meeting and Decisions - The sixth board of directors held its fourth meeting on August 22, 2025, with all nine directors present, and the meeting complied with the Company Law and the company's articles of association [1]. - The board approved the proposal for the early redemption of Zhenghai Convertible Bonds, as the company's stock met the conditions for redemption during the specified period [1][2]. Group 2: Financial Strategy - The decision to redeem the bonds was made to lower financial costs and enhance the efficiency of fund utilization, reflecting a strategic move to manage financial expenses effectively [2]. - The board's resolution for the early redemption was passed unanimously with nine votes in favor and no votes against or abstentions [2].

Core Viewpoint - Yantai Zhenghai Magnetic Materials Co., Ltd. has triggered the conditional redemption of its convertible bonds, which is in compliance with relevant regulations and has received board approval for the redemption process [6][8]. Group 1: Redemption Conditions - The company has met the redemption conditions as stipulated in the "Management Measures" and "Regulatory Guidelines No. 15" [6][8]. - The initial conversion price of the convertible bonds was set at 13.23 CNY per share, which has been adjusted to 12.63 CNY per share due to annual equity distribution plans [5][6]. - The company’s stock price has maintained a closing price above 130% of the current conversion price for at least 15 trading days, thus triggering the redemption clause [5][6]. Group 2: Approval and Disclosure Procedures - The company has completed the necessary internal approval and authorization processes for the redemption of the convertible bonds [3][6]. - The board of directors has decided to exercise the redemption rights for the convertible bonds, following the required disclosure procedures [7][8]. - The company is required to fulfill additional information disclosure obligations as per the "Regulatory Guidelines No. 15" [8].

Group 1 - The company Zhenghai Magnetic Materials (SZ 300224) announced on August 24 that its sixth board meeting was held on August 22, 2025, to discuss the proposal for early redemption of Zhenghai convertible bonds [1] - For the year 2024, the revenue composition of Zhenghai Magnetic Materials is as follows: 99.18% from neodymium-iron-boron magnetic materials and 0.82% from electric drive systems for new energy vehicles [1] - As of the report date, Zhenghai Magnetic Materials has a market capitalization of 15.1 billion yuan [1]

证券代码：300224 证券简称：正海磁材 公告编号：2025-18-08 债券代码：123169 债券简称：正海转债 特别提示： 1、"正海转债"赎回价格：100.50 元/张（含当期应计利息，当期年利率为 0.60%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司 深圳分公司（以下简称"中国结算"）核准的价格为准。 2、赎回条件满足日：2025 年 8 月 22 日 3、停止交易日：2025 年 9 月 17 日 4、赎回登记日：2025 年 9 月 19 日 5、赎回日：2025 年 9 月 22 日 6、停止转股日：2025 年 9 月 22 日 烟台正海磁性材料股份有限公司 关于提前赎回正海转债的公告 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。 7、赎回资金到账日（到达中国结算账户）：2025 年 9 月 25 日 8、投资者赎回款到账日：2025 年 9 月 29 日 9、赎回类别：全部赎回 10、最后一个交易日可转债简称：Z 海转债 11、根据安排，截至 2025 年 9 月 19 日收市后仍未转股的"正海转债"将 被强制赎 ...

中信建投证券股份有限公司 关于烟台正海磁性材料股份有限公司 提前赎回"正海转债"的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为烟台正海磁性材料股份有限公司（以下简称"正海磁材"或"公司"）向不特 定对象发行可转换公司债券的保荐人，根据《可转换公司债券管理办法》《深圳 证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》《深圳证 券交易所上市公司自律监管指引第 15 号——可转换公司债券》等有关规定，对 公司提前赎回"正海转债"的情况进行了核查，核查情况及核查意见如下： 一、可转换公司债券基本情况 （一）可转债发行上市概况 经中国证券监督管理委员会《关于同意烟台正海磁性材料股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可〔2022〕2654 号），公司 于 2022 年 11 月 23 日向不特定对象发行了 1,400.00 万张可转换公司债券，每张 面值 100 元，发行总额 140,000.00 万元。经深圳证券交易所同意，公司 140,000.00 万元可转换公司债券于 2022 年 12 月 12 日起在深圳证券交易所挂牌交易，债券 简 ...

Somore 山 东 松 茂 律 师 事 务 所 关于烟台正海磁性材料股份有限公司 提前赎回可转换公司债券的法律意见书 致：烟台正海磁性材料股份有限公司 山东松茂律师事务所 根据《中华人民共和国公司法》《中华人民共和国证券法》《可 转换公司债券管理办法》（以下简称"《管理办法》"）《深圳证券 交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指 引第 15 号——可转换公司债券》（以下简称"《监管指引第 15 号》"） 等法律、行政法规和其他规范性文件（以下简称"法律、法规和规范 性文件"）的有关规定，山东松茂律师事务所(以下简称"本所") 接受烟台正海磁性材料股份有限公司(以下简称"公司")委托，指派 本所律师作为公司特聘专项法律顾问，就公司可转换公司债券提前赎 回相关事项（以下简称"本次赎回"）出具本法律意见书。 为出具本法律意见书，本所律师对公司本次赎回所涉及的有关事 项进行了审查，查阅了公司本次赎回的有关文件和材料，并对有关问 题进行了必要的核查和验证。本所律师得到公司如下保证，即其已提 供了本所律师认为出具本法律意见书所必需的材料，所提供的原始文 件、副本、复印件等书面材料、口头证言均符合真 ...

| 证券代码：300224 | 证券简称：正海磁材 | 公告编号：2025-01-06 | | --- | --- | --- | | 债券代码：123169 | 债券简称：正海转债 | | 1 烟台正海磁性材料股份有限公司 六届董事会第四次会议决议公告 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。 烟台正海磁性材料股份有限公司（以下简称"公司"）六届董事会第四次会 议于 2025 年 8 月 22 日在公司会议室以通讯方式召开，会议通知于 2025 年 8 月 22 日以电话、电子通讯及邮件方式发出。经全体董事同意，豁免本次会议通知 时间要求。本次董事会会议应出席董事 9 人，实际出席会议董事 9 人。会议由董 事长王庆凯先生主持，公司全体监事及相关高管人员列席了本次会议。会议的召 开符合《公司法》和公司《章程》的规定。 会议以记名投票方式进行表决，经与会董事表决，审议通过了以下决议： 一、审议通过《关于提前赎回正海转债的议案》 自 2025 年 7 月 25 日至 2025 年 8 月 22 日，公司股票已满足任意连续 30 个 交易日中至少有 15 个 ...