欧晶科技: 内蒙古欧晶科技股份有限公司向不特定对象发行可转换公司债券受托管理事务报告（2024年度）

Core Viewpoint - Inner Mongolia OJing Science & Technology Co., Ltd. has issued convertible bonds to raise funds, facing significant operational challenges due to a sharp decline in demand for its quartz crucibles, leading to substantial financial losses in 2024 [2][13][14]. Group 1: Bond Issuance Details - The company issued 4,700,000 convertible bonds with a total net fundraising amount of approximately RMB 462.74 million, with each bond having a face value of RMB 100 [2][3][14]. - The bonds are set to be traded on the Shenzhen Stock Exchange starting December 15, 2023, under the name "OJing Convertible Bonds" with the code "127098" [3][14]. - The bonds have a maturity period of 6 years, with interest rates starting at 0.20% in the first year and increasing to 2.00% in the sixth year [3][4][14]. Group 2: Financial Performance - The company's revenue for 2024 was RMB 94.65 million, a decrease of 69.75% compared to 2023 [14]. - The net profit attributable to shareholders was a loss of RMB 53.60 million, representing a year-on-year decline of 181.96% [14]. - The company reported a significant drop in sales volume of quartz crucibles by 74.21%, leading to increased asset impairment provisions [13][14]. Group 3: Financial Health and Ratios - As of December 31, 2024, the company's total assets were RMB 220.93 million, down 37.58% from the previous year [14]. - The company’s equity attributable to shareholders decreased by 41.33% to RMB 106.22 million [14]. - The liquidity ratios indicate a healthy position, with a current ratio of 2.35 and a quick ratio of 2.18 [20]. Group 4: Use of Proceeds - The company has established a special account for the management of the raised funds, with a total of RMB 1.86 million remaining in the account as of December 31, 2024 [15][16]. - A total of RMB 17.76 million has been invested from the raised funds, with plans to adjust investment progress based on market conditions [15][16]. Group 5: Credit Rating - The convertible bonds have been rated AA- by China Chengxin International Credit Rating Co., Ltd., indicating a stable outlook for the issuer [13][19].