TTC(SH:600326) Zheng Quan Zhi Xing·2025-07-22 16:16Summary of Key Points Core Viewpoint - The announcement addresses the abnormal trading fluctuations of the convertible bond "Tianlu Convertible Bond" issued by Tibet Tianlu Co., Ltd, highlighting significant price changes and the company's operational status. Group 1: Convertible Bond Issuance and Trading - The company issued 10,869,880 convertible bonds on October 28, 2019, with a total amount of RMB 108,698.80 million and a maturity of 6 years [1] - The initial conversion price was set at RMB 7.24 per share, which has been adjusted to RMB 4.17 per share due to various corporate actions [1] - The "Tianlu Convertible Bond" experienced a cumulative price increase of over 30% on July 21 and July 22, 2025, indicating abnormal trading activity [2] Group 2: Company Operational Status - The company confirmed that its production and operational conditions are normal, with no significant changes in the internal or external business environment [2] - There are no undisclosed major events or information that could impact the company's stock or bond prices, as verified by the company and its controlling shareholder [3] Group 3: Financial Performance - The company anticipates a net loss of between RMB 11,500 million and RMB 7,700 million for the first half of 2025, indicating a decline compared to the previous year [4] - The company has committed to adhering to legal and regulatory requirements for information disclosure [4] Group 4: Board Confirmation - The board of directors confirmed that there are no undisclosed matters that should be reported according to the Shanghai Stock Exchange regulations [4]