Core Viewpoint - Mingyang Circuit announced that the "Mingdian Convertible Bonds" will be forcibly redeemed if not converted by the close of trading on September 5, 2025, leading to their delisting from the Shenzhen Stock Exchange [2] Group 1 - The company has set a deadline for bondholders to convert their "Mingdian Convertible Bonds" before the forced redemption [2] - Bondholders are advised to lift any pledges or freezes on their "Mingdian Convertible Bonds" before the conversion deadline to avoid being redeemed without conversion [2]

本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 | 证券代码：300739 | 证券简称：明阳电路 | 公告编号：2025-089 | | --- | --- | --- | | 债券代码：123087 | 债券简称：明电转债 | | | 债券代码：123203 | 债券简称：明电转 02 | | 深圳明阳电路科技股份有限公司 关于提前赎回"明电转债"的第十四次提示性公告 特别提示： 1．"明电转债"赎回价格：101.83 元/张（含当期应计利息，当期年利率 为 2.5%，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。 10．根据安排，截至 2025 年 9 月 5 日收市后仍未转股的"明电转债"将被 强制赎回，本次赎回完成后，"明电转债"将在深圳证券交易所（以下简称"深 交所"）摘牌，特提醒"明电转债"持券人注意在限期内转股。债券持有人持有 的"明电转债"如存在被质押或被冻结的，建议在停止转股日前解除质押或冻结， 以免出现因无法转股而被赎回的情形。 11．债券持有人若转股，需开通创业板交易 ...

Core Insights - Mingyang Circuit (300739) closed at 18.57 yuan on August 19, 2025, with an increase of 8.85% and a turnover rate of 16.08% [1] - The company reported a total revenue of 420 million yuan for Q1 2025, representing a year-on-year growth of 11.82%, and a net profit attributable to shareholders of 12.02 million yuan, up 36.73% year-on-year [1] Financial Performance - Total revenue for Q1 2025: 420 million yuan, up 11.82% year-on-year [1] - Net profit attributable to shareholders: 12.02 million yuan, up 36.73% year-on-year [1] - Non-recurring net profit: 13.14 million yuan, up 36.43% year-on-year [1] - Current ratio: 2.332, Quick ratio: 1.976, Debt-to-asset ratio: 30.63% [1] Market Activity - Main capital inflow: 69.22 million yuan, accounting for 6.95% of the transaction amount [1] - Large single net inflow: 27.08 million yuan, accounting for 2.72% of the transaction amount [1] - Large order net inflow: 42.14 million yuan, accounting for 4.23% of the transaction amount [1] - Medium order net outflow: 22.13 million yuan, accounting for 2.22% of the transaction amount [1] - Small order net outflow: 47.09 million yuan, accounting for 4.73% of the transaction amount [1] Company Overview - Mingyang Circuit Technology Co., Ltd. was established in 2001 and is located in Shenzhen, primarily engaged in other manufacturing industries [2] - The company has a registered capital of 279.31 million yuan and a paid-in capital of 190.94 million yuan [2] - The legal representative of the company is Zhang Peike [2] Investment and Intellectual Property - The company has invested in 8 enterprises and participated in 16 bidding projects [2] - Intellectual property includes 2 trademarks and 182 patents, along with 28 administrative licenses [2]

| 证券代码：300739 | 证券简称：明阳电路 | | --- | --- | | 债券代码：123087 | 债券简称：明电转债 | | 债券代码：123203 | 债券简称：明电转 02 | | | 公告编号：2025-088 | 深圳明阳电路科技股份有限公司 关于提前赎回"明电转债"的第十三次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1．"明电转债"赎回价格：101.83 元/张（含当期应计利息，当期年利率 为 2.5%，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。 10．根据安排，截至 2025 年 9 月 5 日收市后仍未转股的"明电转债"将被 强制赎回，本次赎回完成后，"明电转债"将在深圳证券交易所（以下简称"深 交所"）摘牌，特提醒"明电转债"持券人注意在限期内转股。债券持有人持有 的"明电转债"如存在被质押或被冻结的，建议在停止转股日前解除质押或冻结， 以免出现因无法转股而被赎回的情形。 11．债券持有人若转股，需开通创业板交易权限。投资者 ...

Group 1 - The latest stock price of Mingyang Circuit is 16.87 yuan, an increase of 1.07 yuan, representing a rise of 6.77% compared to the previous trading day [1] - The trading volume for the day was 371,916 hands, with a transaction amount of 618 million yuan [1] - Mingyang Circuit's main business includes the research, development, production, and sales of printed circuit boards, which are widely used in communication equipment, computers, and consumer electronics [1] Group 2 - The company operates in the electronic components manufacturing industry and is also involved in optical communication modules and MiniLED concepts [1] - A recent announcement indicates that the "Mingdian Convertible Bonds" will stop conversion after the market closes on September 5, 2025, and unconverted bonds will be forcibly redeemed [1] - Bondholders are advised to complete the conversion process within the specified period, and any pledged or frozen bonds must have related restrictions lifted in advance [1]

Core Viewpoint - Mingyang Circuit announced that the "Mingdian Convertible Bonds" will be forcibly redeemed if not converted by the close of trading on September 5, 2025, leading to their delisting from the Shenzhen Stock Exchange [2] Group 1 - The company has issued a reminder to bondholders to convert their bonds within the specified period to avoid forced redemption [2] - Bondholders with pledged or frozen "Mingdian Convertible Bonds" are advised to解除质押 or freeze before the conversion deadline to prevent issues with redemption [2]

Core Viewpoint - Shenzhen Mingyang Circuit Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to the decision to redeem the bonds early [2][10]. Group 1: Convertible Bond Redemption - The company has decided to exercise its right to redeem the "Mingdian Convertible Bonds" at a price of 101.83 CNY per bond, following the approval from the board of directors [2][10]. - The redemption price includes the principal and accrued interest, calculated based on a 2.50% annual interest rate [10][11]. - The redemption will take place on September 8, 2025, with the bonds being delisted from the Shenzhen Stock Exchange after the redemption [11][12]. Group 2: Conditions for Redemption - The redemption clause was triggered as the company's stock price was above 130% of the bond's conversion price for at least 15 trading days within a 30-day period [2][10]. - The bond's conversion price has been adjusted multiple times, with the latest adjustment setting it at 11.89 CNY per share [7][9]. Group 3: Bond Issuance and Market Information - The "Mingdian Convertible Bonds" were issued in 2020, with a total issuance amount of 673 million CNY, and were listed on the Shenzhen Stock Exchange in January 2021 [2][3]. - The bonds have a conversion period from June 21, 2021, to December 14, 2026, allowing bondholders to convert their bonds into shares at specified prices [3][4].

| 证券代码：300739 | 证券简称：明阳电路 | 公告编号：2025-087 | | --- | --- | --- | | 债券代码：123087 | 债券简称：明电转债 | | | 债券代码：123203 | 债券简称：明电转 02 | | 深圳明阳电路科技股份有限公司 关于提前赎回"明电转债"的第十二次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1．"明电转债"赎回价格：101.83 元/张（含当期应计利息，当期年利率为 2.5%，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。 10．根据安排，截至 2025 年 9 月 5 日收市后仍未转股的"明电转债"将被 强制赎回，本次赎回完成后，"明电转债"将在深圳证券交易所（以下简称"深 交所"）摘牌，特提醒"明电转债"持券人注意在限期内转股。债券持有人持有 的"明电转债"如存在被质押或被冻结的，建议在停止转股日前解除质押或冻结， 以免出现因无法转股而被赎回的情形。 11．债券持有人若转股，需开通创业板交易权 ...

金融界消息 截至2025年8月15日收盘，明阳电路（300739）报收于16.87元，上涨6.77%，换手率 10.8%，成交量37.19万手，成交金额6.18亿元。 资金流向方面，今日主力资金净流入3546.90万元，占比成交额5.74%。其中，超大单净流入1546.86万 元、占成交额2.5%，大单净流入2000.04万元、占成交额3.23%，中单净流出流入1186.62万元、占成交 额1.92%，小单净流出4733.52万元、占成交额7.66%。 明阳电路最新一期业绩显示，截至2025一季报，公司营业总收入4.20亿元、同比增长11.82%，归属净利 润1202.01万元，同比增长36.73%，扣非净利润1314.00万元，同比增长36.43%，流动比率2.332、速动比 率1.976、资产负债率30.63%。 通过天眼查大数据分析，深圳明阳电路科技股份有限公司共对外投资了8家企业，参与招投标项目16 次，知识产权方面有商标信息2条，专利信息180条，此外企业还拥有行政许可28个。 来源：金融界 天眼查商业履历信息显示，深圳明阳电路科技股份有限公司，成立于2001年，位于深圳市，是一家以从 事其他制造业 ...

（文章来源：每日经济新闻） 每经AI快讯，8月15日，PCB概念早盘再度走强，中富电路、诺德股份、平安电工涨停，国际复材涨超 15%，逸豪新材、铜冠铜箔、明阳电路等涨幅靠前。 ...