江苏洛凯机电股份有限公司

Core Points - The announcement discusses the equity change of Jiangsu Luokai Electromechanical Co., Ltd. due to the conversion of convertible bonds, resulting in a dilution of the first major shareholder's stake from 49.99% to 48.95% [2][3][5] - The equity change does not trigger a mandatory takeover and will not lead to a change in the company's major shareholder or actual controller [3][7] Group 1: Convertible Bond Details - The company issued 4,034,310 convertible bonds with a total fundraising amount of RMB 403.431 million, with a maturity of 6 years [4] - The initial conversion price was set at RMB 15.45 per share, which has been adjusted to RMB 15.33 per share [4] - As of November 10, 2025, a total of 18,975,454 shares have been converted from the bonds, increasing the total shares to 178,975,454 [5] Group 2: Redemption Information - The company plans to redeem the convertible bonds on November 21, 2025, at a price of RMB 100.0384 per bond, including accrued interest [10][14] - The last trading day for the bonds is November 17, 2025, and the last conversion day is November 20, 2025 [21][22] - Investors must convert or sell their bonds before the redemption date to avoid forced redemption [10][23]