江苏通光电子线缆股份有限公司 2025 年半年度报告全文 江苏通光电子线缆股份有限公司 2025 年半年度报告 2025 年 8 月 1 江苏通光电子线缆股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人张忠、主管会计工作负责人龚利群及会计机构负责人(会计主 管人员)黄秋燕声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质 承诺，投资者及相关人士均应对此保持足够的风险认识，并且应当理解计划、 预测与承诺之间的差异。 公司在经营管理中可能面临的风险与应对措施已在本报告中第三节"管 理层讨论与分析"之"十、公司面临的风险和应对措施"部分予以描述。敬 请广大投资者关注，并注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | | 第一节 重要提示、目录和释义 2 | | --- | | ...

| 证券代码：300265 | 证券简称：通光线缆 编号：2025-053 | | --- | --- | | 债券代码：123034 | 债券简称：通光转债 | 江苏通光电子线缆股份有限公司 关于注销募集资金专项账户的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 本次注销的募集资金专项账户情况如下： | 序号 | 户名 | 开户银行 | 专户账号 | 募集资金用途 | 账户状态 | | --- | --- | --- | --- | --- | --- | | 1 | 江苏通光电 | 招商银行股份 | 51390204151091 | 补充流动资金 | 本次注销 | | | 子线缆股份 | 有限公司南通 | 9 | | | | | 有限公司 | 分行海门支行 | | | | | 2 | 江苏通光海 | 浙商银行南通 | 30600001101201 | 高端海洋装备能源 | 本次注销 | | | 洋光电科技 | 分行海门支行 | 00048636 | 系统项目（一期） | | | | 有限公司 | | | | | 经中国证券监督管理委员会于 2023 年 ...

江苏通光电子线缆股份有限公司 关于江苏通飞科技有限公司完成工商注册登记暨对外投资 事项的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、对外投资概述 | 证券代码：300265 | 证券简称：通光线缆 | 编号：2025-052 | | --- | --- | --- | | 债券代码：123034 | 债券简称：通光转债 | | 名称：江苏通飞科技有限公司 江苏通光电子线缆股份有限公司（以下简称"公司"）于2025年2月24日召开 第六届董事会第九次会议、第六届监事会第九次会议，审议通过了《关于对外投 资暨成立合资公司的议案》，公司拟与长飞光纤光缆股份有限公司（以下简称"长 飞光纤"）共同出资60,000万元成立江苏通飞科技有限公司（暂定名，最终以市 场监督管理部门核定为准，以下简称"合资公司"）。合资公司的注册资本为人 民币60,000万元，公司认缴出资额33,900万元，占注册资本的56.5%；长飞光纤 认缴出资额26,100万元，占注册资本的43.5%。本次交易完成后，合资公司将成 为公司控股子公司，纳入公司合并报表范围。2025年2月24日 ...

Core Viewpoint - Jiangsu Tongguang Electronic Cable Co., Ltd. has decided not to redeem its convertible bonds early, as the stock price has met the conditions for conditional redemption, but the company will not exercise this right until the maturity date of the bonds [1][2]. Summary by Sections Board Meeting - The sixth board meeting of Jiangsu Tongguang was held on July 31, 2025, with all seven directors present, complying with legal and regulatory requirements [1]. - The meeting was chaired by Chairman Zhang Zhong, and the agenda included the discussion and resolution of the early redemption of the convertible bonds [1]. Convertible Bonds - The company confirmed that from July 7, 2025, to July 31, 2025, the stock price has been above 130% of the conversion price of the convertible bonds (7.88 CNY/share), triggering the conditional redemption clause [1]. - The company has opted not to redeem the "Tongguang Convertible Bonds" early and plans to redeem them at maturity, which is set for November 3, 2025 [1].

Core Viewpoint - The company has decided not to exercise the early redemption rights of its convertible bonds, "Tongguang Convertible Bonds," despite triggering the conditional redemption clause due to the stock price exceeding 130% of the conversion price for 15 trading days [1][6][8]. Group 1: Convertible Bond Details - The company issued 2.97 billion yuan worth of convertible bonds on November 4, 2019, with a face value of 100 yuan per bond [1][2]. - The initial conversion price was set at 7.98 yuan per share, which has been adjusted multiple times due to equity distribution plans, with the latest adjustment bringing it to 7.88 yuan per share [2][3][4][5]. - The conversion period for the bonds is from May 8, 2020, to November 3, 2025 [2]. Group 2: Redemption Clause and Conditions - 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 [5][6]. - As of July 31, 2025, the stock price was 10.82 yuan per share, meeting the condition for redemption [6][8]. Group 3: Board Decision and Future Plans - The company's board of directors held a meeting on July 31, 2025, and decided not to exercise the early redemption rights, planning to redeem the bonds at maturity instead [6][8]. - There are no current plans from major shareholders or executives to reduce their holdings in the convertible bonds in the next six months [7]. Group 4: Compliance and Verification - The underwriting institution has verified that the decision not to redeem the bonds early complies with relevant regulations and internal procedures [7].

证券日报网讯 7月31日晚间，通光线缆发布公告称，公司于2025年7月31日召开了第六届董事会第十四 次会议，审议通过了《关于不提前赎回"通光转债"的议案》，董事会决定本次不行使"通光转债"的提前 赎回权利，不提前赎回"通光转债"，且自2025年8月1日起至2025年11月3日（转股到期日）均不行使赎 回权。公司拟在"通光转债"到期时赎回并将其摘牌，请投资者留意后续相关公告并注意"通光转债"的二 级市场交易风险，审慎投资。 （文章来源：证券日报） ...

证券日报网讯 7月31日晚间，通光线缆发布公告称，公司第六届董事会第十四次会议审议通过了《关于 不提前赎回"通光转债"的议案》。 （文章来源：证券日报） ...

Group 1 - The stock price of Tongguang Cable (300265) closed at 10.82 yuan on July 31, 2025, down by 1.55% with a turnover rate of 3.98% and a trading volume of 182,500 hands, amounting to 198 million yuan [1] - The latest financial report for Tongguang Cable shows total operating revenue of 396 million yuan for Q1 2025, a year-on-year decrease of 12.98%, and a net profit attributable to shareholders of 5.58 million yuan, down 49.47% year-on-year [1] - The company has a current ratio of 1.915, a quick ratio of 1.591, and a debt-to-asset ratio of 33.32% [1] Group 2 - Tongguang Cable has made investments in 11 companies and participated in 104 bidding projects [2] - The company holds 45 trademark registrations and 145 patent registrations, along with 8 administrative licenses [2]

Core Viewpoint - A significant number of convertible bonds are facing mandatory redemption, with over 10 bonds identified, prompting investors to pay attention to the last trading days and conversion details to avoid potential losses [1][2][3]. Group 1: Mandatory Redemption Announcements - Multiple companies, including China Shipbuilding Emergency (300527) and Lian De Equipment (300545), have issued announcements regarding the early redemption of their convertible bonds, indicating a trend of mandatory redemptions [2]. - China Shipbuilding Emergency's convertible bond will be redeemed at a price of 100.77 CNY per bond if not converted by August 27, 2025, highlighting a significant price difference from the current market price [2]. - Lian De Equipment's convertible bond will be redeemed at 101.70 CNY per bond if not converted by August 11, 2025, with a recommendation for holders to resolve any pledges or freezes before the conversion deadline [2]. Group 2: Last Trading and Conversion Dates - Over 10 convertible bonds are confirmed for early mandatory redemption, with specific last trading and conversion dates approaching, including North Lu Convertible Bond, which will stop trading on July 30, 2025, and has a last conversion date of August 4, 2025 [3][4]. - The last trading price of North Lu Convertible Bond was 133 CNY per bond, indicating a potential loss of 23.58% if not converted by the deadline [3]. - Many convertible bonds are priced above 110 CNY per bond, with some exceeding 150 CNY, suggesting that investors may incur significant losses if they do not act in time [4]. Group 3: Non-Redemption Decisions - Some companies, such as Microchip Biotech and Tongguang Cable (300265), have opted not to redeem their convertible bonds early, despite meeting the conditions for conditional redemption [5][6]. - Microchip Biotech's board decided not to exercise the early redemption option for its convertible bonds, while Tongguang Cable also announced it would not redeem its bonds early and plans to redeem them at maturity [6].

Group 1 - The company Tongguang Cable (SZ 300265) announced on July 31 that its sixth board meeting was held to discuss the proposal regarding the non-early redemption of "Tongguang Convertible Bonds" [2] - For the year 2024, the company's revenue composition is entirely from the manufacturing of wires, cables, optical cables, and electrical equipment, accounting for 100.0% [2]