Shenergy(SH:600642) Zheng Quan Zhi Xing·2025-08-15 11:28Core Viewpoint - The company plans to issue convertible bonds to raise funds for expanding its operations and enhancing its competitiveness, in compliance with relevant laws and regulations [1][3][21] Section 1: Necessity of Issuing Securities - The company aims to meet its funding needs and enhance its core competitiveness through the issuance of convertible bonds [1][2] - The funds raised will be used for specific projects that align with the company's strategic goals [1] Section 2: Appropriateness of the Issuance Target - The issuance will target a wide range of investors, including individuals and institutions, ensuring compliance with legal standards [1][2] - Existing shareholders will have priority in the allocation of the bonds, with specific ratios to be determined based on market conditions [1][2] Section 3: Reasonableness of Pricing Principles - The pricing of the bonds will be determined based on market conditions and company performance, ensuring it aligns with regulatory requirements [1][2] - The initial conversion price will be set at a level that reflects the average trading price of the company's shares over a specified period [1][2] Section 4: Feasibility of the Issuance Method - The company has established a sound organizational structure and has demonstrated sufficient profitability to cover the interest on the bonds [3][5] - The funds raised will be allocated to projects that comply with national policies and regulations, ensuring responsible use of capital [3][21] Section 5: Fairness and Reasonableness of the Issuance Plan - The issuance plan has been carefully reviewed and approved by the board, aiming to enhance the company's business scale and profitability [21]