Core Viewpoint - The company Jianbang Technology (920242.BJ) plans to issue convertible bonds to specific investors, with a total amount not exceeding 200 million yuan, aimed at funding industrial upgrades and R&D projects in the automotive and robotics sectors [1][2]. Group 1: Convertible Bond Issuance - The convertible bonds will have a face value of 100 yuan each, with a total issuance amount not exceeding 200 million yuan, and a maximum of 2 million bonds to be issued [2]. - The interest rate for the bonds will be determined through a bidding process, with the final rate to be set based on market conditions and company specifics [2]. - The funds raised will be allocated entirely to projects for upgrading non-durable automotive parts and household garden products, as well as R&D for auxiliary intelligent robots and automotive products [2][3]. Group 2: Company Ownership and Control - The issuance of convertible bonds will not change the controlling shareholder or actual controller of the company, maintaining compliance with listing conditions [3]. - As of the date of the prospectus, the controlling shareholder and actual controller is Zhong Yongduo, who holds 50.13% of the shares directly and controls an additional 5.84% indirectly, totaling 55.96% [3]. Group 3: Financial Performance - For the third quarter of 2025, the company reported revenue of 211 million yuan, a decrease of 7.10% year-on-year, and a net profit attributable to shareholders of 22.87 million yuan, down 37.86% [7][8]. - Year-to-date revenue reached 586 million yuan, an increase of 8.99% compared to the same period last year, while net profit attributable to shareholders decreased by 4.46% to 72.28 million yuan [9].