1."应急转债"赎回价格：100.77 元/张（含当期应计利息，当期年利率为 2.00%，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 7 月 21 日 | 证券代码：300527 | 证券简称：中船应急 | 公告编号：2025-043 | | --- | --- | --- | | 债券代码：123048 | 债券简称：应急转债 | | 中国船舶重工集团应急预警与救援装备股份有限公司 关于提前赎回"应急转债"的第二次提示性公告 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： 3.停止交易日：2025 年 8 月 25 日 8.投资者赎回款到账日：2025 年 9 月 4 日 9.赎回类别：全部赎回 10.根据安排，截至 2025 年 8 月 27 日收市后仍未转股的"应急转债"将被 强制赎回，本次赎回完成后，"应急转债"将在深圳证券交易所（以下简称"深 交所"）摘牌，特提醒"应急转债"持券人注意在限期内转股。债券持有人持有 的"应急转债"如存 ...

军工装备板块盘初下挫，广联航空（300900）、北方长龙（301357）跌超10%，长城军工（601606）跌 超7%，捷强装备（300875）、中船应急（300527）纷纷下挫。 ...

Core Viewpoint - 中船应急 is actively participating in large-scale hydropower projects, which has led to a significant increase in its stock price and positive financial outlook for 2024 [1][2]. Group 1: Company Developments - 中船应急's stock price surged over 10% following news of its involvement in major hydropower projects, including the potential participation in the Yarlung Tsangpo River downstream hydropower base construction [1]. - The company has established a leadership group for the development of the Yarlung Tsangpo downstream hydropower station and is planning to build mobile storage facilities for explosives in the Tibet region [1]. - 中船应急 has a long-term stable partnership with infrastructure companies like 中铁 and 中交, which is expected to strengthen further [1]. Group 2: Financial Performance - 中船应急's total revenue is projected to increase from 603 million yuan in 2023 to 1.161 billion yuan in 2024, while the net profit is expected to improve from a loss of 217 million yuan to a profit of 8.6413 million yuan [2]. - The company is focusing on its core business and aims to enhance market share by developing better solutions and products for disaster rescue and emergency response [2]. Group 3: Convertible Bonds - 中船应急's board approved the early redemption of its convertible bonds due to the stock price meeting the conditions for redemption, with a redemption price of 100.77 yuan per bond [3]. - The company issued 8.19 billion yuan worth of convertible bonds in April 2020, which are set to mature in 2026 [3].

Core Points - The Shanghai Composite Index closed at 3581.86 points, above the five-day moving average, with an increase of 0.62% [1] - The total trading volume of A-shares reached 1,928.645 billion yuan [1] - A total of 209 A-shares have prices that surpassed the five-day moving average, with notable stocks showing significant deviation rates [1] Stock Performance Summary - The top three stocks with the highest deviation rates from the five-day moving average are: - Fuxin Technology (688662) with a deviation rate of 14.74% and a daily increase of 20.01% [1] - Sifang Optoelectronics (688665) with a deviation rate of 14.64% and a daily increase of 18.92% [1] - China Ship Emergency (300527) with a deviation rate of 7.16% and a daily increase of 10.39% [1] - Other notable stocks with smaller deviation rates include: - Huachang Communication, Shuangxiang Co., and Luolai Life, which have just crossed the five-day moving average [1]

| 证券代码：300527 | 证券简称：中船应急 | 公告编号：2025-042 | | --- | --- | --- | | 债券代码：123048 | 债券简称：应急转债 | | 中国船舶重工集团应急预警与救援装备股份有限公司 关于提前赎回"应急转债"的第一次提示性公告 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."应急转债"赎回价格：100.77 元/张（含当期应计利息，当期年利率为 2.00%，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 7 月 21 日 3.停止交易日：2025 年 8 月 25 日 8.投资者赎回款到账日：2025 年 9 月 4 日 9.赎回类别：全部赎回 10.根据安排，截至 2025 年 8 月 27 日收市后仍未转股的"应急转债"将被 强制赎回，本次赎回完成后，"应急转债"将在深圳证券交易所（以下简称"深 交所"）摘牌，特提醒"应急转债"持券人注意在限期内转股。债券持有人持有 的"应急转债"如存 ...

Core Points - The company, China Shipbuilding Emergency (中船应急), announced the early redemption of its "Emergency Convertible Bonds" due to the stock price meeting the conditions for redemption [1][2] - The redemption price is set at 100.77 yuan per bond, including accrued interest at an annual rate of 2.00% [1] - The redemption process includes specific dates for trading suspension, redemption registration, and fund arrival [1] Summary by Sections - **Redemption Announcement** - The third board meeting of the company approved the early redemption of "Emergency Convertible Bonds" on July 21, 2025, as the stock price met the required conditions [1] - **Redemption Details** - The redemption price is 100.77 yuan per bond, which includes accrued interest [1] - Key dates include: - Redemption condition satisfaction date: July 21, 2025 - Trading suspension date: August 25, 2025 - Redemption registration date: August 27, 2025 - Redemption date: August 28, 2025 - Fund arrival date: September 2, 2025 - Investor fund arrival date: September 4, 2025 [1] - **Mandatory Redemption** - Any "Emergency Convertible Bonds" not converted by the close of trading on August 27, 2025, will be forcibly redeemed [1] - The bonds will be delisted from the Shenzhen Stock Exchange after the redemption [1] - **Investor Considerations** - Investors must open trading permissions for the ChiNext board to convert bonds into stocks [2] - There is a significant price difference between the secondary market price of the bonds and the redemption price, highlighting the importance of timely conversion to avoid potential losses [2]

Group 1 - The National Space Administration of China announced a notification on enhancing quality supervision and management of commercial space projects, aiming to improve quality levels and promote standardized management in the commercial space sector [1] - The commercial aerospace sector is entering a phase of infrastructure construction and application demand exploration, with significant changes occurring in policy, funding, and industry dimensions [1] - The CN5082 Aerospace Industry Index component stocks showed mixed performance, with Changcheng Military Industry leading with a 10.01% increase, while Inner Mongolia First Machinery Group led the decline [1] Group 2 - The Aerospace ETF (159227) tracks the CN5082 Aerospace Index and has a high concentration in defense and military sectors, with a 98.2% weight in the industry [2] - The top ten weighted stocks in the CN5082 Aerospace Industry Index account for 49.42% of the index, with companies like Guangqi Technology and AVIC Shenyang Aircraft leading the list [2] - The ETF focuses on aerospace capabilities, with a significant weight of 66.5% in the "Aerospace + Aerospace Equipment" category within the secondary industry [2]

Group 1 - The aerospace and defense industry is experiencing a significant increase in military spending due to escalating geopolitical conflicts, with China's military enterprises showcasing technological advantages in drones, fighter jets, and missiles, positioning them as key beneficiaries in the arms trade [1] - The Aerospace ETF (159227) has seen a slight increase of 0.35% with a trading volume reaching 202 million yuan, marking a new high since its listing, and its total size is now 614 million yuan, leading in both size and trading volume among its peers [1] - The index tracked by the Aerospace ETF has a high concentration in the military industry, with a 98.2% allocation to the first-level military industry, and the weight of aerospace equipment in its constituent stocks is 66.5%, significantly surpassing other military indices [2] Group 2 - According to Zheshang Securities, the ongoing geopolitical conflicts are expected to lead to a revaluation of China's defense and military enterprises, particularly as military export equipment is tested in overseas conflicts by 2025 [1]

Meeting Details - The company held its 21st meeting of the 3rd Board of Directors on July 21, 2025, through written, telephone, and email notifications, combining on-site and remote voting methods [1] - The meeting was deemed urgent, and all directors agreed to waive the advance notice requirement, with all directors being informed of the necessary information regarding the agenda [1] - The meeting was chaired by the company's chairman, Wang Xiaofeng, with all 6 directors present, and the procedures followed legal regulations and the company's articles of association [1] Resolution Summary - From July 1 to July 21, 2025, the company's stock price met the condition of closing at least 130% of the current conversion price for at least 15 out of 30 consecutive trading days [1] - The Board of Directors decided to exercise the early redemption rights of the "Emergency Convertible Bonds" and authorized the management team to handle the related matters [1][2] - The voting results showed unanimous support with 6 votes in favor, 0 against, and 0 abstentions [2]

Core Viewpoint - The company, China Shipbuilding Industry Group Emergency Warning and Rescue Equipment Co., Ltd. (referred to as "China Emergency"), is proceeding with the early redemption of its convertible bonds, known as "Emergency Convertible Bonds," following the necessary approvals and compliance with relevant regulations [1][6][7]. Summary by Sections Convertible Bond Basic Information - The company issued 8,189,312 convertible bonds on April 10, 2020, with a total amount of 818.93 million yuan and a maturity of six years [1][2]. - The bonds were listed on the Shenzhen Stock Exchange on May 11, 2020, under the name "Emergency Convertible Bonds" with the code "123048" [2]. Convertible Bond Conversion Period - The conversion period for the bonds started from the issuance date and will last until April 9, 2026 [2]. Conversion Price Adjustment - The conversion price was adjusted from 8.90 yuan to 8.88 yuan on July 21, 2021, and further adjusted to 8.86 yuan on July 19, 2022, due to cash dividends distributed to shareholders [2]. - The conversion price was subsequently adjusted to 7.06 yuan, effective from May 16, 2024, based on the average trading prices prior to the annual shareholders' meeting [3]. Conditional Redemption Clause - The company has the right to redeem the bonds if the stock price meets certain conditions, specifically if the closing price is at least 130% of the conversion price for at least 15 trading days within a 30-day period [4][5]. Redemption Implementation Arrangements - The redemption price is set at 100.77 yuan per bond, which includes accrued interest calculated based on a 2.00% annual interest rate [4][5]. - The redemption will be executed for all bondholders registered by the close of trading on August 27, 2025, with funds transferred to their accounts by September 4, 2025 [5]. Early Redemption Review - The board of directors has approved the early redemption of the convertible bonds, and the management is authorized to handle all related matters [5][6]. Underwriter's Review Opinion - The underwriter, CITIC Securities, has confirmed that the early redemption process complies with relevant laws and regulations, and there are no objections to the company's decision [6][7].