zhenhua chemical(SH:603067) Zheng Quan Zhi Xing·2025-06-29 16:06Group 1 - The company, Hubei Zhenhua Chemical Co., Ltd., has issued convertible bonds totaling RMB 406.21 million, with a maturity of 6 years and a face value of RMB 100 per bond [3][4][19] - The bonds were approved by the Shanghai Stock Exchange and the China Securities Regulatory Commission, with the first issuance date on August 2, 2024 [3][4] - The company reported a revenue of RMB 406,671.94 million for 2024, representing a year-on-year increase of 9.95%, and a net profit of RMB 47,287.64 million, up 27.53% from the previous year [19][20] Group 2 - The bonds have a tiered interest rate structure, starting at 0.20% in the first year and increasing to 2.00% in the sixth year [4][5] - The initial conversion price for the bonds is set at RMB 11.64 per share, with provisions for adjustments based on corporate actions such as stock dividends and capital increases [6][8] - The company has established a dedicated fund management system for the raised capital, ensuring compliance with regulatory requirements and protecting investor interests [20][21] Group 3 - The company’s total assets increased by 18.98% year-on-year, reaching RMB 505,580.73 million by the end of 2024 [20] - The company’s net assets attributable to shareholders rose by 12.59% to RMB 315,899.40 million [20] - The company is engaged in the production and sale of chromium chemicals and related products, including sodium dichromate and potassium dichromate [19]