Novoray(SH:688300) Sou Hu Cai Jing·2025-10-22 20:52Summary of Key Points Core Viewpoint - Jiangsu Lianrui New Materials Co., Ltd. has received approval from the Shanghai Stock Exchange Listing Review Committee for its application to issue convertible bonds to unspecified objects, pending final approval from the China Securities Regulatory Commission [1][3]. Trading Information - As of October 22, 2025, Lianrui New Materials closed at 55.74 yuan, down 0.89%, with a turnover rate of 0.96% and a trading volume of 23,300 shares, amounting to a total transaction value of 130 million yuan [1]. - On the same day, the net inflow of funds from major investors was 944,900 yuan, accounting for 0.73% of the total transaction value, while retail investors experienced a net outflow of 3.2888 million yuan, representing 2.53% of the total transaction value [1][3]. Company Announcements - The company announced that its application for issuing convertible bonds has been reviewed and approved by the Shanghai Stock Exchange Listing Review Committee, confirming that the application meets the necessary issuance and listing conditions [1][3]. - The implementation of this bond issuance is contingent upon receiving registration approval from the China Securities Regulatory Commission, which introduces uncertainty regarding the timing and final approval [1].