Group 1 - The core viewpoint of the news is the performance and characteristics of the convertible bond issued by Yanpai Co., which is currently trading at 149.535 yuan with a conversion premium of 2.11% [1] - Yanpai Co. has a credit rating of "A+" and the bond has a maturity of 6 years with varying interest rates from 0.20% in the first year to 2.50% in the sixth year [1] - The convertible bond can be converted into common stock at a price of 7.27 yuan starting from January 16, 2025, allowing bondholders to either convert or hold until maturity [1] Group 2 - Yanpai Co., established in 2014, is a leading multinational enterprise in the filter material industry, focusing on research, development, and production of filter products [2] - The company serves global markets with applications in solid-liquid and solid-gas separation, and has established itself as a leader in the industrial fabric sector in China [2] - For the first half of 2025, Yanpai Co. reported a revenue of 429.5 million yuan, a year-on-year increase of 19.77%, while net profit decreased by 25.95% to 21.52 million yuan [2] - As of August 2025, the company has a concentrated shareholder structure with 9,501 shareholders and an average holding of 22,720 shares per person [2]
严牌转债盘中下跌2.07%报149.535元/张，成交额5796.40万元，转股溢价率2.11%