Elite Color(SZ:002998) Zheng Quan Zhi Xing·2025-08-29 17:57Core Points - The company, Youcai Environmental Resources Technology Co., Ltd., has publicly issued convertible bonds approved by the shareholders and the board of directors [2][3] - The total issuance amount of the convertible bonds is RMB 600 million, with a total of 6 million bonds issued [2][3] - The bonds have a maturity period of six years, from December 14, 2022, to December 13, 2028 [3] - The coupon rates for the bonds increase progressively from 0.4% in the first year to 3.0% in the sixth year [3][4] - The initial conversion price is set at RMB 7.35 per share, with the latest conversion price at RMB 6.60 per share [5] Bond Terms - The bonds will pay interest annually, with the first interest payment starting from the issuance date [4] - The bonds are rated A+ by Dongfang Jincheng International Credit Rating Co., Ltd., with a stable outlook [5] - The bonds are unsecured and do not provide any guarantees [4] Major Events - The company plans to distribute cash dividends of RMB 1.2 per 10 shares to all shareholders, totaling approximately RMB 39.17 million based on the total share capital as of June 30, 2025 [6][7] - The dividend distribution plan is subject to approval at the company's second extraordinary general meeting in 2025 [6][7] - The company’s governance and operational capabilities are not expected to be adversely affected by the dividend distribution plan [7]