Shenergy(SH:600642) Zheng Quan Zhi Xing·2025-08-21 10:22Core Points - The company is planning to issue convertible bonds to unspecified investors, with a total fundraising target of up to RMB 2 billion [2][17][22] - The bond issuance is aimed at financing specific projects, including a wind power project in Xinjiang, with a total investment of approximately RMB 986.88 million [5][17] - The company has confirmed that it meets all regulatory requirements for issuing convertible bonds, including having a sound organizational structure and sufficient profit to cover interest payments [2][4][6] Group 1: Meeting Agenda - The shareholder meeting will take place on September 4, 2025, at 13:30, with a combination of on-site and online voting [1][2] - Key agenda items include the approval of the convertible bond issuance plan, feasibility analysis of fund usage, and the company's dividend return plan for the next three years [1][2][4] Group 2: Bond Issuance Details - The convertible bonds will have a face value of RMB 100 each and will be issued at par [8][22] - The bonds will have a maturity of six years, with interest paid annually [8][23] - The initial conversion price will be determined based on the average stock price over the 20 trading days prior to the announcement [10][22] Group 3: Fund Utilization - The net proceeds from the bond issuance will be allocated to specific projects, primarily the Xinjiang wind power project [5][17] - If the actual funds raised are less than the planned amount, the company will adjust the funding allocation based on project urgency [17][22] Group 4: Regulatory Compliance - The company has conducted a self-assessment and confirmed compliance with relevant laws and regulations for issuing convertible bonds [2][4] - The issuance plan is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [22]