FREEWON(SH:688678) Zheng Quan Zhi Xing·2025-06-27 16:31Group 1 - The company, Freewon China Co., Ltd, has issued convertible bonds totaling 700,000 units with a face value of RMB 100 each, raising approximately RMB 690 million [2][19] - The bonds are convertible into the company's A-shares and have a maturity period of six years, with an annual interest rate starting at 0.30% in the first year [3][19] - The initial conversion price is set at RMB 21.28 per share, which is subject to adjustments based on various corporate actions [5][6] Group 2 - The company reported a net profit of RMB 54.53 million for the period, a decrease of 38.38% year-on-year, attributed to various operational challenges [23] - The revenue from the 3C precision metal components business increased by 40.26% year-on-year, driven by strong demand in the consumer electronics sector [24][25] - The automotive precision metal components segment generated revenue of RMB 22.33 million, benefiting from the growth in the automotive industry, particularly in new energy vehicles [26] Group 3 - The company is focusing on vertical integration in the photovoltaic industry, developing high-strength busbars and exploring new materials for production [27][29] - The electric tools precision metal components business saw a revenue increase of 68.71%, reflecting a recovery in the market after two years of decline [28][29] - The company is actively collaborating with research institutions to explore the application potential of new materials, aiming for sustainable development amid market challenges [29]