Entive(SZ:300911) Jin Rong Jie·2025-05-27 01:49Company Overview - Zhejiang Yitian Intelligent Kitchen Appliances Co., Ltd. was founded in 2003 and is located in Shengzhou, Zhejiang, known as the kitchenware capital of China [2] - The company specializes in high-end kitchen appliances and integrated kitchen solutions, aiming to create a healthy, open, and intelligent kitchen for millions of families [2] - Yitian is recognized as the first publicly listed company in the integrated stove industry on the Shenzhen Stock Exchange (stock code: 300911) and has received the Zhejiang Provincial Government Quality Award [2] Financial Performance - For the first quarter of 2025 (January to March), Yitian reported operating revenue of 57.58 million yuan, a year-on-year decline of 54.59% [2] - The net profit attributable to shareholders was -42.6 million yuan, representing a year-on-year decrease of 1042.01% [2] - The non-recurring net profit was -45.8 million yuan, showing a significant year-on-year drop of 4533.1% [2] Convertible Bond Information - On May 27, Yitian's convertible bond fell by 2.44% to 168.818 yuan per bond, with a trading volume of 24.2154 million yuan and a conversion premium of 1.0% [1] - The bond has a credit rating of "AA-" and a maturity of 6 years, with interest rates increasing from 0.30% in the first year to 2.50% in the sixth year [1] - The conversion price for the bond is set at 28.61 yuan, with the conversion period starting on June 27, 2024 [1]