SD HEAD(SZ:002810) Zheng Quan Zhi Xing·2025-06-24 18:01Core Points - Shandong Heda Group Co., Ltd. has issued convertible bonds totaling 600,000 units with a face value of RMB 100 each, raising a total of RMB 60 million [3][14] - The bonds will be traded on the Shenzhen Stock Exchange under the name "Heda Convertible Bonds" starting from July 19, 2023 [3][4] - The initial conversion price for the bonds is set at RMB 17.40 per share, with specific conditions for adjustments based on stock performance [6][8] Section 1: Bond Overview - The bond issuance was approved by the company's board and shareholders in April and May 2022 [2] - The total amount raised after deducting issuance costs is RMB 59.275 million [3][14] - The bonds have a six-year term, with interest rates increasing from 0.20% in the first year to 3.00% in the sixth year [4][5] Section 2: Financial Performance - For the fiscal year ending December 31, 2024, the company reported total assets of RMB 4.146 billion, a 5.49% increase from the previous year [15] - The company's revenue for 2024 was RMB 1.956 billion, reflecting a 25.72% year-over-year growth [15] - The net profit attributable to shareholders decreased by 10.90% to RMB 193.495 million [15] Section 3: Fund Utilization - The funds raised will be used for the "Hershey Annual Production of 15 Billion Plant Capsules and Smart Warehouse Upgrade Project," with a total investment of RMB 1.227 billion [14] - The company has established a dedicated account for managing the raised funds, ensuring compliance with regulatory requirements [14][15] - As of December 31, 2024, the company had utilized RMB 454.304 million of the raised funds [15]