Haibo(SZ:300517) Zheng Quan Zhi Xing·2025-06-20 09:41Group 1 - The company, Haibo Heavy Engineering Science and Technology Co., Ltd, issued convertible bonds totaling RMB 245 million, with each bond having a face value of RMB 100 [4][13]. - The bonds were approved by the company's board and shareholders in 2018 and 2019, with the final issuance occurring on December 2, 2020 [2][3]. - The bonds have a maturity period of six years, from December 2, 2020, to December 1, 2026, with an annual interest rate that increases from 0.5% in the first year to 1.8% in the fifth year [5][10]. Group 2 - The initial conversion price for the bonds is set at RMB 20.91 per share, which is based on the average stock price over the twenty trading days prior to the announcement [6][7]. - The conversion period for the bonds starts six months after issuance, from June 8, 2021, to December 1, 2026 [6][10]. - The company has provisions for adjusting the conversion price in case of stock dividends, capital increases, or other corporate actions [7][8]. Group 3 - The funds raised from the bond issuance are intended for a large bridge steel structure engineering project, with a total investment of RMB 464.11 million [13]. - The company has a credit rating of A+ for both the issuer and the bonds, as assessed by Zhongceng Pengyuan Credit Rating Co., Ltd [13][14]. - The company reported a net profit attributable to shareholders of RMB 604.76 million for 2024, reflecting a significant increase of 280.37% compared to the previous year [15][16].