SINYUAN ZM(SZ:301398) Sou Hu Cai Jing·2025-09-09 18:34Core Viewpoint - Ningbo Xingyuan Zhuomei Technology Co., Ltd. is in the process of issuing convertible bonds to raise funds for a project aimed at producing 3 million sets of high-strength magnesium alloy precision forming parts for automobiles, with a total fundraising amount not exceeding 450 million yuan [3][4][5]. Group 1: Company Announcements - The application for issuing convertible bonds has been approved by the Shenzhen Stock Exchange, and the company is awaiting registration from the China Securities Regulatory Commission [3][5]. - The company reported continuous growth in main business revenue, with a stable cash flow and good collection situation, despite some fluctuations in gross profit margin due to raw material price changes [3][4][6]. - The proposed investment project has received environmental and energy assessments, and the investment scale is deemed reasonable with cautious profit forecasts [6]. Group 2: Financial Information - The company’s main credit rating is A, with a stable outlook, and the bond credit rating is A+ [4][5]. - The company has distributed a total of 83.2 million yuan in cash dividends over the past three years, which accounts for 115.21% of the average annual net profit [5]. - On September 9, the stock closed at 47.39 yuan, down 2.49%, with a trading volume of 36,800 shares and a turnover of 175 million yuan [1].