Libert(SH:605167) Zheng Quan Zhi Xing·2025-07-02 16:15Core Viewpoint - Jiangsu Libat Co., Ltd. is issuing 750 million yuan of convertible bonds to unspecified investors, having received approval from the China Securities Regulatory Commission [1][19]. Group 1: Issuance Details - The total amount of the convertible bonds to be issued is 750 million yuan [13]. - The bonds will be issued at a price of 100 yuan per bond [14]. - The issuance will prioritize existing shareholders, who can subscribe to the bonds based on their shareholding as of July 2, 2025 [9][10]. Group 2: Subscription Process - The subscription date for existing shareholders is set for July 3, 2025, during normal trading hours [11]. - The subscription ratio for existing shareholders is 0.001689 bonds per share [5][10]. - Investors must ensure they have sufficient funds in their accounts to cover their subscription amounts [12]. Group 3: Underwriting and Risk Management - The lead underwriter, Guotai Junan Securities Co., Ltd., will underwrite any shortfall in subscriptions, with a maximum underwriting limit of 30% of the total issuance [8][19]. - If the total subscriptions do not reach 70% of the issuance amount, the issuer and underwriter may consider suspending the issuance [17][19]. Group 4: Investor Eligibility - Eligible investors include individuals, legal entities, and other investors holding accounts with the China Securities Depository and Clearing Corporation [12][14]. - Investors must comply with the relevant regulations regarding the suitability of investments in convertible bonds [12][14].