Group 1 - The company, Haitai Technology, announced that the "Haitai Convertible Bonds" will be forcibly redeemed at a price of 100.260 CNY per bond after the market closes on September 29, 2025, if not converted by that date [2] - There is a significant discrepancy between the secondary market price of the "Haitai Convertible Bonds" and the redemption price, which is highlighted as a concern for bondholders [2] - Investors are reminded to convert their bonds within the specified period to avoid potential losses, emphasizing the importance of being aware of investment risks [2]

| 证券代码：301022 | 证券简称：海泰科 | 公告编号：2025-153 | | --- | --- | --- | | 债券代码：123200 | 债券简称：海泰转债 | | 青岛海泰科模塑科技股份有限公司 关于提前赎回海泰转债的第十八次提示性公告 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、"海泰转债"赎回价格：100.260 元/张（债券面值加当期应计利息，当期年 利率为 1.00%，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。 8、发行人资金到账日（到达中国结算账户）：2025 年 10 月 13 日 9、投资者赎回款到账日：2025 年 10 月 15 日 10、赎回类别：全部赎回 11、本次赎回完成后，"海泰转债"将在深圳证券交易所（以下简称"深交所"） 摘牌。债券持有人持有的"海泰转债"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。 12、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 ...

9月16日，海泰科涨5.65%，截至发稿，报42.05元/股，成交9132.56万元，换手率3.52%，总市值40.38亿 元。 资料显示，青岛海泰科模塑科技股份有限公司位于山东省青岛市城阳区棘洪滩街道锦盛二路66号，成立 日期2003年11月19日，上市日期2021年7月2日，公司主营业务涉及注塑模具及塑料零部件的研发、设 计、制造和销售。主营业务收入构成为：注塑模具84.05%，塑料零部件11.57%，改性塑料3.22%，其他 (补充)1.16%。 从基金十大重仓股角度 招商中证2000增强策略ETF（159552）基金经理为邓童。 截至发稿，邓童累计任职时间3年299天，现任基金资产总规模109.02亿元，任职期间最佳基金回报 67.71%， 任职期间最差基金回报0.97%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 数据显示，招商基金旗下1只基金重仓海泰科。招商中证2000增强策略ETF（159552）二季度持有股数 2.84万股，占基金净值比例为1.13% ...

Core Points - Haitai Technology announced that unconverted "Haitai Convertible Bonds" will be forcibly redeemed at a price of 100.260 CNY per bond after the market closes on September 29, 2025 [2] - The current market price of "Haitai Convertible Bonds" significantly differs from the redemption price, prompting a reminder for bondholders to convert their bonds within the specified period to avoid potential losses [2] Summary by Category - **Company Announcement** - Haitai Technology has issued a notice regarding the forced redemption of its convertible bonds, emphasizing the importance of timely conversion by bondholders [2] - **Market Implications** - The significant disparity between the market price and the redemption price of "Haitai Convertible Bonds" raises concerns for investors, highlighting the need for awareness of investment risks [2]

Core Viewpoint - The recent volatility in the market for convertible bonds, particularly the sharp decline in the price of Haitai Convertible Bond, serves as a cautionary lesson for investors regarding the risks associated with speculative trading in this asset class [1][2][4]. Group 1: Haitai Convertible Bond Performance - Haitai Convertible Bond experienced a significant price increase of over 19% on September 12, followed by a sharp decline, closing at a 20% limit down on September 15, despite the underlying stock showing minimal movement [1][2]. - On September 15, the underlying stock of Haitai Technology (301022) fell by 1.61%, while the convertible bond initially surged to 223.225 yuan per share before plummeting [2]. - The bond's price drop was attributed to unusual trading patterns and the impending forced redemption, which may have prompted some investors to sell off their holdings [2][3]. Group 2: Market Behavior of Convertible Bonds - The phenomenon of "flash crashes" in convertible bonds, referred to as "demon bonds," has been observed frequently this year, with several instances of significant price fluctuations occurring without corresponding movements in the underlying stocks [4]. - Other convertible bonds, such as Haibo Convertible Bond and Tianchuang Convertible Bond, have also exhibited similar volatile behavior, leading to substantial losses for investors who bought at high prices [4]. - The market for convertible bonds can be heavily influenced by speculative trading, particularly in smaller or newly issued bonds, which can lead to abnormal price movements and deviations in conversion premium rates [4][5]. Group 3: Investor Caution - Analysts warn that the speculative trading of these "demon bonds" resembles a "pump and dump" scheme, where prices are artificially inflated before a sudden sell-off occurs [5]. - Investors are advised to remain vigilant regarding convertible bonds with high conversion premiums to protect their investments in a volatile market [5].

Core Viewpoint - The recent sharp decline in Haitai Convertible Bond highlights the risks associated with speculative trading in the convertible bond market, particularly in the context of unusual price movements and impending forced redemption [1][3][4]. Group 1: Haitai Convertible Bond Performance - Haitai Convertible Bond experienced a significant price surge of over 19% on September 12, despite the underlying stock showing minimal volatility [1][3]. - On September 15, the bond reached a peak price of 223.225 CNY per share before closing with a 20% limit down, resulting in a loss exceeding 22% for investors who bought at the peak [3][4]. - The bond's price drop occurred even as the underlying stock, Haitai Technology, fell only 1.61% on the same day, indicating a disconnect between the bond and stock performance [3]. Group 2: Redemption and Market Dynamics - Haitai Technology announced that the bond would be subject to conditional redemption due to the stock price exceeding 130% of the conversion price for 15 trading days [4]. - The company plans to redeem the bonds at 100.260 CNY per share if they remain unconverted by September 29, 2025, urging investors to convert their bonds to avoid potential losses [4]. - The bond's conversion premium remains at 12.72%, suggesting that the bond's market price is still above its conversion value, which may attract speculative trading [3]. Group 3: Speculative Trading in Convertible Bonds - The phenomenon of "flash crashes" in convertible bonds, referred to as "demon bonds," has been observed frequently this year, with similar patterns seen in other convertible bonds like Haibo and Tianchuang [6][7]. - These bonds often experience extreme price volatility due to low liquidity and speculative trading, leading to significant losses for investors who buy at inflated prices [7][8]. - Analysts warn that such speculative behavior resembles a "kill pig" scheme, where prices are artificially inflated before a sudden sell-off, disrupting market order and harming investor interests [8].

| 证券代码：301022 | 证券简称：海泰科 | 公告编号：2025-152 | | --- | --- | --- | | 债券代码：123200 | 债券简称：海泰转债 | | 青岛海泰科模塑科技股份有限公司 关于提前赎回海泰转债的第十七次提示性公告 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、"海泰转债"赎回价格：100.260 元/张（债券面值加当期应计利息，当期年 利率为 1.00%，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。 8、发行人资金到账日（到达中国结算账户）：2025 年 10 月 13 日 9、投资者赎回款到账日：2025 年 10 月 15 日 10、赎回类别：全部赎回 11、本次赎回完成后，"海泰转债"将在深圳证券交易所（以下简称"深交所"） 摘牌。债券持有人持有的"海泰转债"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。 12、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 ...

（编辑 楚丽君） 证券日报网讯 9月12日晚间，海泰科发布公告称，根据安排，截至2025年9月29日收市后仍未转股的"海 泰转债"，将按照100.260元/张的价格强制赎回，因目前"海泰转债"二级市场价格与赎回价格存在较大差 异，特别提醒"海泰转债"持有人注意在限期内转股，如果投资者未及时转股，可能面临损失，敬请投资 者注意投资风险。 ...

| 证券代码：301022 | 证券简称：海泰科 | 公告编号：2025-151 | | --- | --- | --- | | 债券代码：123200 | 债券简称：海泰转债 | | 青岛海泰科模塑科技股份有限公司 关于提前赎回海泰转债的第十六次提示性公告 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、"海泰转债"赎回价格：100.260 元/张（债券面值加当期应计利息，当期年 利率为 1.00%，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。 8、发行人资金到账日（到达中国结算账户）：2025 年 10 月 13 日 9、投资者赎回款到账日：2025 年 10 月 15 日 10、赎回类别：全部赎回 11、本次赎回完成后，"海泰转债"将在深圳证券交易所（以下简称"深交所"） 摘牌。债券持有人持有的"海泰转债"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。 12、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 ...

| 证券代码：301022 | 证券简称：海泰科 | 公告编号：2025-150 | | --- | --- | --- | | 债券代码：123200 | 债券简称：海泰转债 | | 序 号 购买主 体 签约银行 产品 名称 产品 类型 产品说明 起息 日 到期 日 预期 年化 收益 1 海泰科 模塑 中信银行青岛 城阳支行公司 辽宁路支行 协定 存款 活期 存款 基准利率 1.15%，减 70 个基点，活期账户 内超过 10 万元执行 2025. 09.10 2026. 09.09 0.45 % 一、本次使用暂时闲置募集资金进行现金管理的进展情况 | | 海泰科 | 招商银行股份 有限公司青岛 | 协定 | 活期 70 | 基准利率 1.15%，减 个基点，活期账户 | 2025. | 2026. | 0.45 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2 | （安徽） | | 存款 | 存款 | | 09.10 | 09.09 | % | | | | 城阳支行 | | | 内超过 万元执行 10 | | | | 青岛海泰科模塑 ...