Dongxing Securities Co.,Ltd.(SH:601198) Zheng Quan Zhi Xing·2025-08-08 11:14Core Points - The report discusses the temporary trustee management affairs report regarding Donghua Energy Co., Ltd.'s bond issuance for pandemic prevention [1][2] - The bond is classified as a public offering for professional investors, with specific terms regarding interest rates and repayment options [2][3] - The company has recently announced the revocation of its supervisory board, which was approved by shareholders [4][6] Company Bond Information - The bond, referred to as "21 Donghua 01," has a credit rating of AA+ with a stable outlook [3][4] - Investors have the option to sell back their bonds at face value at the end of the third interest period [3][4] - The bond's interest payment dates are set for November 2 each year, with adjustments possible based on company announcements [3][4] Major Events - The company held a shareholder meeting where the proposal to amend the articles of association and revoke the supervisory board was passed with 98.65% approval [4][6] - The supervisory board's term will automatically expire following the implementation of the new articles of association, and the company will not establish a new supervisory board [6][7] - The changes are considered a normal adjustment to the company's organizational structure and are not expected to negatively impact its management or financial stability [6][7] Trustee Management Responsibilities - Dongxing Securities, as the trustee for the bond, is committed to protecting the interests of bond investors and will monitor significant matters affecting bond repayment [7] - The trustee will adhere to the relevant regulations and agreements in managing the bond [7]