BOSHI(SZ:002698) Zheng Quan Zhi Xing·2025-06-20 09:31Key Points - The company, Harbin Boshi Automation Co., Ltd., has issued convertible bonds totaling 4,500,000 units with a face value of RMB 100 each, raising a total of RMB 450 million, netting RMB 443.42 million after deducting issuance costs [2][4][14] - The bonds have a maturity period of six years, from September 22, 2022, to September 21, 2028, with an annual interest rate that increases from 0.30% in the first year to 2.00% in the sixth year [3][4][5] - The initial conversion price for the bonds is set at RMB 15.81 per share, subject to adjustments based on various corporate actions such as stock dividends and capital increases [5][6][7] - The company has established a special account for the management of the raised funds, ensuring that the funds are used for designated projects, including the development of robotic systems and smart factories [15][18][21] - The company reported a total asset increase of 4.61% year-on-year, with total liabilities decreasing by 1.52%, and owner’s equity increasing by 9.81% [17] - The company’s revenue for the fiscal year 2024 was RMB 286.27 million, reflecting an 11.59% increase from the previous year, while net profit decreased by 1.58% to RMB 54.42 million [17] - The company has a credit rating of AA for both the issuer and the bonds, indicating a stable financial outlook [16]