Group 1 - The core point of the news is the performance of Titan Convertible Bonds, which saw a decline of 5.05% to 148.974 yuan per bond, with a trading volume of 119 million yuan and a conversion premium rate of 18.26% [1] - Titan Convertible Bonds have a credit rating of "A" and a maturity period of 6 years, with a coupon rate that increases over the years, starting from 0.50% in the first year to 3.00% in the sixth year [1] - The conversion price for the bonds is set at 13.27 yuan, with the conversion period starting on May 6, 2024 [1] Group 2 - Zhejiang Titan Co., Ltd. is recognized as a national high-tech enterprise and has received multiple honors, including being a vice president unit of the China Textile Machinery and Equipment Industry Association [2] - The company has been listed among the top 500 competitive enterprises in the Chinese textile and apparel industry for nine consecutive years [2] - For the first half of 2025, Titan Co. reported a revenue of 682.2 million yuan, a year-on-year decline of 17.1%, and a net profit attributable to shareholders of 36.24 million yuan, down 42.08% year-on-year [2] - The concentration of shareholding is very high, with the top ten shareholders holding a combined 75.87% of the shares [2]
泰坦转债盘中下跌5.05%报148.974元/张,成交额1.19亿元,转股溢价率18.26%