Lushan New Materials(SH:603051) Zheng Quan Zhi Xing·2025-06-30 16:28Group 1 - The company Guangzhou Lushan New Materials Co., Ltd. has publicly issued convertible bonds totaling RMB 524 million, with a face value of RMB 100 per bond, and a maturity period of 6 years [2][3][17] - The net proceeds from the bond issuance, after deducting issuance costs of RMB 10,911,509.43, amount to RMB 513,088,490.57, which has been fully received as of March 31, 2023 [2][17] - The bonds are convertible into the company's A-shares at an initial conversion price of RMB 59.08 per share, with the conversion period starting from September 30, 2023, to March 26, 2029 [3][4][8] Group 2 - The company plans to use the raised funds primarily for the expansion of solar cell packaging film production and to supplement working capital, with total project investments amounting to RMB 61,484.55 million [17][19] - As of December 31, 2024, the company has utilized RMB 21,749.41 million of the raised funds, with specific allocations for the solar cell packaging film expansion project and working capital [19] - The company has established a special account for managing the raised funds, ensuring proper oversight and allocation according to the intended projects [17][19] Group 3 - The company reported a significant decrease in revenue for 2024, with total revenue of RMB 206,654.33 million, down 29.96% from RMB 295,057.15 million in 2023 [18] - The net profit attributable to shareholders for 2024 was RMB 1,693.56 million, a recovery from a loss of RMB 8,630.99 million in the previous year [18] - The company's total assets decreased by 7.87% to RMB 252,459.51 million, while net assets increased by 18.57% to RMB 155,980.52 million [18]