Zheng Quan Zhi Xing·2025-06-23 04:17Core Viewpoint - The company, Guangdong Hongqiang New Materials Co., Ltd., has successfully issued convertible bonds to unspecified investors, raising a total of RMB 316 million, with a net amount of RMB 310.86 million after deducting various fees [2][4][8]. Group 1: Bond Issuance Details - The convertible bonds have a face value of RMB 100 each and were issued at the same price [2][4]. - The total issuance amount of the convertible bonds is RMB 316 million, equivalent to 3.16 million bonds [4]. - The bonds will be listed on the Shenzhen Stock Exchange starting from November 8, 2023, under the name "Hongqiang Convertible Bonds" and code "127094" [3][4]. Group 2: Financial and Operational Aspects - The bonds have a maturity period from October 18, 2023, to October 17, 2029 [4]. - The initial conversion price of the bonds is set at RMB 10.89 per share, which will be adjusted based on the company's profit distribution plans [8]. - The company has provided a guarantee for the bonds from its actual controller and spouse, ensuring the repayment of principal and interest [5][6]. Group 3: Profit Distribution and Impact - The company plans to distribute cash dividends of RMB 3.00 per 10 shares, totaling RMB 63.07 million, without issuing bonus shares or increasing capital [6][7]. - The adjustment of the conversion price is in accordance with the company's profit distribution plan and will not adversely affect the company's operational capabilities or debt repayment ability [8][9].