Core Viewpoint - The report outlines the management of the convertible bond issuance by Dazhong Mining Co., Ltd, detailing the approval, issuance, and recent board changes [1][2][3]. Group 1: Bond Issuance Details - Dazhong Mining Co., Ltd was approved by the China Securities Regulatory Commission to issue 15.20 billion yuan worth of convertible bonds, consisting of 15.20 million bonds at a face value of 100 yuan each [3]. - The bonds were issued on August 17, 2022, with a public offering process that prioritized existing shareholders, and any unsold bonds were underwritten by the lead underwriter [3]. - The bonds began trading on the Shenzhen Stock Exchange on October 11, 2022 [3]. Group 2: Board Changes - The company recently received a resignation from board member Liang Baodong, who will continue to serve as vice chairman of a wholly-owned subsidiary [4]. - On August 11, 2025, the company held a staff representative meeting to elect Wang Ximing as a representative director and subsequently as vice chairman of the board [4]. - Wang Ximing has a background in mining engineering and has held various positions within the company since 2006, currently overseeing the construction of the Sichuan Jiada Lithium Mine [4]. Group 3: Compliance and Management - The report is prepared in accordance with relevant regulations and agreements, including the management of the bond issuance and the responsibilities of the bond trustee [2][5]. - The trustee, Guodu Securities, will monitor the issuer's repayment of principal and interest, ensuring compliance with the established management protocols [5].
大中矿业: 国都证券股份有限公司关于大中矿业股份有限公司公开发行可转换公司债券第二次临时受托管理事务报告（2025年度）