Core Viewpoint - Zhejiang Mining Co., Ltd. announced that its fifth board of directors held a meeting on September 9, where it approved the proposal not to adjust the conversion price of the "Zhejiang Mining Convertible Bonds" [2] Summary by Category - **Company Announcement** - The company held its third meeting of the fifth board of directors [2] - The board approved the proposal regarding the conversion price of the convertible bonds [2]

Core Viewpoint - Zhejiang Mining Co., Ltd. announced that it will not exercise the downward adjustment of the conversion price for its "Zhejiang Mining Convertible Bonds" during the specified period, indicating a strategic decision to maintain the current terms of the bonds [1] Summary by Sections - **Company Decision**: The company's board of directors decided not to exercise the right to adjust the conversion price of the "Zhejiang Mining Convertible Bonds" downward during the period from September 10, 2025, to March 9, 2026 [1] - **Future Considerations**: After March 9, 2026, if the conditions for downward adjustment are triggered again, the board will reconvene to decide on the matter [1]

Group 1 - The core point of the article is that Zhejiang Mining Co., Ltd. announced the results of its third board meeting, which included a proposal not to adjust the conversion price of its convertible bonds [1] - For the first half of 2025, the company's revenue composition shows that manufacturing accounts for 99.11%, while other businesses account for only 0.89% [1] - As of the report, Zhejiang Mining's market capitalization is 2.6 billion yuan [1]

| 证券代码：300837 | 证券简称：浙矿股份 | 公告编号：2025-055 | | --- | --- | --- | | 债券代码：123180 | 债券简称：浙矿转债 | | 浙矿重工股份有限公司 2025 年 8 月 20 日至 2025 年 9 月 9 日，公司股票已出现在任意连续三十个交易 日中至少有十五个交易日的收盘价低于当期转股价格的 85%（即 40.71 元/股）的情 形，触发"浙矿转债"转股价格的向下修正条款。 第五届董事会第三次会议决议公告 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。 一、董事会会议召开情况 浙矿重工股份有限公司（以下简称"公司"）第五届董事会第三次会议通知已于 2025 年 9 月 4 日通过专人送达和邮件的方式送达各位董事。本次董事会于 2025 年 9 月 9 日（星期二）以现场结合通讯方式召开，现场会议地址为浙江省长兴县和平镇 工业园区公司会议室。 本次会议应出席董事 7 人，实际出席董事 7 人（其中：通讯方式出席董事 3 人）， 无董事缺席或委托其他董事代为出席本次会议。会议由董事长陈利华主持，公司 ...

| 证券代码：300837 | 证券简称：浙矿股份 | 公告编号：2025-056 | | --- | --- | --- | | 债券代码：123180 | 债券简称：浙矿转债 | | 浙矿重工股份有限公司 关于不向下修正浙矿转债转股价格的公告 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.自 2025 年 8 月 20 日至 2025 年 9 月 9 日，浙矿重工股份有限公司（以下简称 "公司"）股票已出现在任意连续三十个交易日中至少有十五个交易日的收盘价低 于当期转股价格的 85%（即 40.71 元/股）的情形，触发"浙矿转债"转股价格的向 下修正条款。 2.2025 年 9 月 9 日，经公司第五届董事会第三次会议审议通过，董事会决定本 次不行使"浙矿转债"的转股价格向下修正的权利，同时自本次董事会审议通过次 一交易日起六个月内（2025 年 9 月 10 日至 2026 年 3 月 9 日），如再次触发"浙矿 转债"转股价格向下修正条件，亦不提出向下修正方案。在此期间之后（2026 年 3 月 9 日后首个交易日起重新计算），若再 ...

Core Viewpoint - The company, Zhejiang Mining Heavy Industry Co., Ltd., has announced the potential for a downward adjustment of the conversion price for its convertible bonds, "Zhejiang Mining Convertible Bonds," if certain conditions are met regarding the stock price [1][4]. Summary by Sections Convertible Bond Basic Information - The company issued 3,200,000 convertible bonds with a total value of 320 million yuan, netting approximately 311.48 million yuan after expenses [1][2]. - The bonds were listed on the Shenzhen Stock Exchange on March 28, 2023, under the code "123180" [2]. Conversion Period and Price Adjustment - The conversion period for the bonds is from September 15, 2023, to March 8, 2029 [2]. - The conversion price has been adjusted multiple times, currently set at 48.49 yuan per share, with further adjustments scheduled for June 6, 2024, and May 28, 2025 [2][3]. Downward Adjustment Clause - The company can propose a downward adjustment of the conversion price if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][4]. - The adjustment must be approved by at least two-thirds of the voting rights at a shareholders' meeting, excluding those holding the convertible bonds [2][3]. Specific Conditions for Adjustment - The current threshold for triggering a downward adjustment is if the stock price falls below 40.71 yuan per share [4][5]. - The company has decided not to exercise the right to adjust the conversion price for a six-month period following the board's decision, which will be re-evaluated after August 19, 2025 [4][5]. Other Matters - Investors are encouraged to refer to the full prospectus published on March 7, 2023, for additional details regarding the convertible bonds [5].

| 证券代码：300837 | 证券简称：浙矿股份 | 公告编号：2025-054 | | --- | --- | --- | | 债券代码：123180 | 债券简称：浙矿转债 | | 浙矿重工股份有限公司 关于预计触发可转债转股价格向下修正条件的提示性公告 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. 证券代码：300837，证券简称：浙矿股份 5. 根据《浙矿重工股份有限公司向不特定对象发行可转换公司债券募集说明 书》（以下简称"《募集说明书》"）相关规定："在本次发行的可转换公司债券 （以下简称"可转债"）存续期间，当公司股票在任意连续三十个交易日中至少有 十五个交易日的收盘价格低于当期转股价格的 85%时，公司董事会有权提出转股价 格向下修正方案并提交公司股东大会表决"。 2025 年 8 月 20 日至 2025 年 9 月 2 日，公司股票已有 10 个交易日的收盘价格 低于当期转股价格的 85%，预计可能触发"浙矿转债"转股价格向下修正条件。若 触发转股价格修正条件，公司将按照《深圳证券交易所上市公司自律监管指引第 15 号 ...

Financial Performance - The company reported total revenue of 331 million yuan for the first half of 2025, a decrease of 20.75% year-on-year [1] - The net profit attributable to shareholders was 34.34 million yuan, down 57.78% compared to the previous year [1] - In Q2 2025, total revenue was 160 million yuan, reflecting a year-on-year increase of 15.27%, while net profit for the same period was 18.12 million yuan, a decline of 8.33% [1] - The gross margin was 30.71%, down 13.32% year-on-year, and the net margin was 11.9%, a decrease of 39.04% [1] Financial Ratios - The company's return on invested capital (ROIC) was 4.4% last year, indicating weak capital returns [3] - The historical median ROIC since the company went public is 15.7%, suggesting better investment returns in the past [3] - The company's cash flow situation is concerning, with operating cash flow per share at -0.26 yuan, a decrease of 166.06% year-on-year [1] Accounts Receivable and Debt - Accounts receivable amounted to 350 million yuan, representing 437.76% of the net profit, indicating a significant collection issue [1][3] - The company’s interest-bearing debt increased by 7.19% to 319 million yuan [1] Cost Structure - Total selling, administrative, and financial expenses reached 32.44 million yuan, accounting for 9.8% of revenue, which is a 62.53% increase year-on-year [1]

Core Viewpoint - Zhejiang Mining Co., Ltd. announced the approval of its 2025 semi-annual report and its summary by the second meeting of the fifth board of directors [2] Group 1 - The company held its second meeting of the fifth board of directors on August 28 [2] - The meeting reviewed and approved the proposal regarding the full text and summary of the 2025 semi-annual report [2]

| 证券代码：300837 | 证券简称：浙矿股份 | 公告编号：2025-052 | | --- | --- | --- | | 债券代码：123180 | 债券简称：浙矿转债 | | 浙矿重工股份有限公司 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《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》及相关格式指引的要求，现将本公司 2025 年半年度募集资金存放与使用情 况专项说明如下： 一、募集资金基本情况 (一) 实际募集资金金额、资金到账时间 经中国证券监督管理委员会证监许可〔2023〕251 号文核准，并经贵所同意， 本公司由主承销商海通证券股份有限公司采用向原股东配售和网上向社会公众投 资者发售相结合的方式发行可转换为公司 A 股股票的可转换公司债券 3,200,000 张， 每张面值为人民币 100 元，共计募集资金 32,000.00 万元，扣除承销和保荐费用 660.38 万元（不含增值税）后的募集资金为 31,339.62 万元，已由主承销商海通证 券股 ...