Key Points - Nanjing Julong Technology Co., Ltd. issued 2,185,000 convertible bonds with a total fundraising amount of RMB 218.5 million, net proceeds amounting to RMB 211.75 million after deducting issuance costs [1][12][13] - The bonds have a maturity period of six years, from July 26, 2023, to July 25, 2029, with an annual interest rate that increases progressively from 0.3% in the first year to 3.0% in the sixth year [1][2][3] - The initial conversion price for the bonds is set at RMB 18.27 per share, with adjustments possible based on corporate actions such as stock dividends or capital increases [3][4][5] - The company plans to use the raised funds primarily for the construction of production lines for special engineering plastics and carbon fiber composite materials, with a total investment of RMB 24.17 million [12][13][16] - The company reported a revenue of RMB 2.39 billion for the fiscal year 2024, a 30.53% increase year-on-year, and a net profit of RMB 84.34 million, reflecting a 16.25% growth [13][14] - The company maintains a credit rating of "A+" for both its corporate entity and the convertible bonds, indicating a stable outlook [13][17]
南京聚隆: 南京聚隆科技股份有限公司受托管理事务报告(2024年度)