Recodeal(SH:688800) Shang Hai Zheng Quan Bao·2025-04-29 07:37Core Viewpoint - The company, Suzhou Ruikeda Connection Systems Co., Ltd., is planning to issue convertible bonds to unspecified investors, with a total fundraising amount not exceeding RMB 1 billion, to support its investment projects and enhance its financial position [12][53]. Financial Data - The financial report for the first quarter of 2025 is unaudited, and the company has not reported any significant non-recurring gains or losses [3][4]. - The company has confirmed that the financial information in the quarterly report is true, accurate, and complete [2]. Shareholder Information - The total number of shareholders and the shareholding structure, including the top ten shareholders, have been disclosed, with a specific mention of a repurchase account holding 905,000 shares, accounting for 0.57% of the total share capital [5]. Board Meeting - The fourth board meeting of the company was held on April 28, 2025, with all seven directors present, and the meeting complied with relevant laws and regulations [7][8]. - The board approved the proposal for issuing convertible bonds, confirming that the company meets the conditions for such issuance [8][9]. Convertible Bond Issuance Details - The convertible bonds will be issued at a face value of RMB 100 each, with a term of six years [14][16]. - The total amount to be raised through this issuance is capped at RMB 1 billion, with the specific issuance scale to be determined by the board [12][53]. - The bonds will have an annual interest payment structure, with interest calculated based on the face value and the applicable interest rate [20][21]. Use of Proceeds - The proceeds from the bond issuance will be used for investment projects, with the company planning to initially use its own funds for these projects until the bond proceeds are available [53]. Rights and Obligations of Bondholders - Bondholders will have rights to participate in meetings, receive interest payments, and convert their bonds into shares under specified conditions [47][49]. - The company will not provide guarantees for the bonds issued [54]. Future Plans - The company has outlined a three-year dividend return plan for shareholders, ensuring the protection of minority investors' rights [80]. - The company will also conduct a feasibility analysis for the use of funds raised through the bond issuance, ensuring alignment with national policies and industry trends [70][83].