Zhe Kuang Heavy Industry (SZ:300837) Zheng Quan Zhi Xing·2025-06-30 16:12Group 1 - The company, Zhe Kuang Heavy Industry Co., Ltd., issued convertible bonds totaling 320 million RMB, with a net amount of approximately 311.48 million RMB after deducting fees [3][4][12] - The bonds have a maturity period of 6 years, from March 9, 2023, to March 8, 2029, with an initial conversion price set at 48.79 RMB per share [4][5][8] - The company reported a revenue of approximately 653.11 million RMB for the year 2024, representing a 19.19% increase compared to 2023 [14] Group 2 - The company achieved a net profit of approximately 80.13 million RMB in 2024, while the net profit attributable to shareholders decreased by 29.47% compared to the previous year [14] - The total assets of the company increased by 8.56% year-on-year, reaching approximately 2.36 billion RMB by the end of 2024 [14] - The company has not experienced any delays in the payment of interest or principal on its various bonds and debt financing tools [14][15] Group 3 - The company has established a special account for the management of the funds raised from the bond issuance, ensuring proper oversight and usage of the funds [15] - As of December 31, 2024, the company had invested approximately 28.59 million RMB of the raised funds into its projects [15] - The company has not made any changes to the intended use of the raised funds, and the funds are being utilized as per the original commitments [15][16]