Leshan Giantstar Farming&Husbandry (SH:603477) Zheng Quan Zhi Xing·2025-06-26 16:06Group 1 - The company, Leshan Giantstar Farming & Husbandry Corporation Limited, issued convertible bonds totaling 1 billion RMB, with each bond having a face value of 100 RMB, approved by the China Securities Regulatory Commission [1][14][16] - The bonds have a maturity period of 6 years, from April 25, 2022, to April 24, 2028, with an annual interest rate that increases from 0.40% in the first year to 3.00% in the sixth year [1][8][19] - The initial conversion price for the bonds is set at 25.24 RMB per share, subject to adjustments based on various corporate actions [4][5][6] Group 2 - The company reported a significant increase in revenue, achieving 607,824.71 million RMB in 2024, a 180.36% increase compared to the previous year [16] - The net profit attributable to shareholders reached 51,854.80 million RMB, marking a substantial recovery from a loss of 64,529.41 million RMB in the prior year [16] - The net cash flow from operating activities surged to 126,509.18 million RMB, reflecting a 1,304.23% increase year-on-year [16] Group 3 - The company has established a dedicated account for managing the funds raised from the bond issuance, ensuring compliance with regulatory requirements [17] - The total amount of funds utilized from the bond issuance as of the end of 2024 was 98,259.36 million RMB, with a remaining balance of 12,571,813.07 RMB in the dedicated account [18] - The company has committed to using the raised funds primarily for its integrated pig breeding project and working capital [18]