Rocoi(SH:603829) Shang Hai Zheng Quan Bao·2025-10-09 19:05Core Points - The company, Jiangsu Luokai Electromechanical Co., Ltd., has issued convertible bonds known as "Luokai Convertible Bonds" which began conversion on April 23, 2025, with a total amount of 403.431 million bonds issued [3][4][9]. Summary by Sections Convertible Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission to issue convertible bonds, raising a total of 403.431 million yuan with a face value of 100 yuan per bond, and a term of 6 years [3][9][11]. - The coupon rates are structured to increase over the years, starting at 0.20% in the first year and reaching 2.50% in the sixth year [10][12]. Conversion Status - As of September 30, 2025, the total amount converted from the Luokai Convertible Bonds is 810,000 yuan, resulting in 52,741 shares, which is 0.0330% of the company's total shares before conversion [2][5]. - The amount of unconverted bonds as of the same date is 402,621,000 yuan, accounting for 99.7992% of the total issuance [2][5]. Recent Conversion Activity - From July 1, 2025, to September 30, 2025, the conversion amount was 682,000 yuan, leading to the issuance of 44,472 shares [2][5]. Interest Payment Announcement - The first interest payment for the Luokai Convertible Bonds will occur on October 17, 2025, covering the period from October 17, 2024, to October 16, 2025 [7][17]. - The interest payment amount is set at 0.20 yuan per bond, which is subject to a 20% personal income tax, resulting in a net payment of 0.16 yuan per bond [21][22]. Important Dates - The bondholders' registration date for interest payment is October 16, 2025, with the interest payment and ex-dividend date both on October 17, 2025 [8][19].