Shang Hai Zheng Quan Bao·2025-08-11 19:50Core Viewpoint - Yunnan Bowen Technology Co., Ltd. has announced the sale of its convertible bonds held in Xinjiang Zhonghe Co., Ltd., indicating a strategic move based on operational needs and expected positive financial impact from the transaction [1][4][10] Transaction Overview - The company held 500,000 convertible bonds of Xinjiang Zhonghe, accounting for 3.636% of the total issuance [4] - The bonds were sold through a centralized bidding process on the Shanghai Stock Exchange from July 17, 2025, to August 8, 2025, with a total transaction amount of 64.9187 million yuan [4][10] - After deducting initial investment costs and transaction fees, the expected investment gain is approximately 14.0612 million yuan, representing 19.49% of the company's audited net profit for 2024 [4][10] Approval Process - The board of directors approved the proposal to authorize management to dispose of securities investment products on April 18, 2025, with unanimous support [6] - The annual general meeting on May 15, 2025, ratified the management's authority to handle the sale of the convertible bonds, valid for 12 months from the approval date [2][6] Bond Ownership and Transaction Details - The convertible bonds are free from any encumbrances, legal disputes, or restrictions on transfer [7] - The company acquired the bonds on July 18, 2023, using 50 million yuan of its own funds, which was classified as a financial asset measured at fair value [8]