HAOMEI(SZ:002988) Shang Hai Zheng Quan Bao·2026-01-05 18:19Core Viewpoint - The announcement provides details regarding the conversion of the company's convertible bonds in the fourth quarter of 2025, including issuance, trading, conversion price adjustments, and share capital changes. Group 1: Convertible Bond Issuance and Trading - The company issued 8.24 million convertible bonds at a face value of 100 yuan each, raising a total of 824 million yuan, with a net amount of 813.17 million yuan after expenses [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on March 4, 2022, under the name "豪美转债" and code "127053" [3]. Group 2: Conversion Period and Price Adjustments - The conversion period for the bonds started on July 28, 2022, and will end on January 23, 2028 [4]. - The initial conversion price was set at 21.51 yuan per share, which was adjusted to 21.29 yuan after a cash dividend distribution [5]. - Further adjustments were made, reducing the conversion price to 17.97 yuan on May 15, 2023, and subsequently to 17.73 yuan on September 24, 2024, and 17.57 yuan on May 26, 2025 [6][7]. Group 3: Share Buyback and Capital Changes - The company completed a share buyback of 9,516,399 shares by June 30, 2023, which accounted for 4.09% of the total share capital, and these shares were used for bond conversions [9]. - As of September 24, 2025, the conversion price was further adjusted to 17.23 yuan following the cancellation of 5,158,824 shares, which represented 2.02% of the total share capital [8]. Group 4: Bond Redemption and Fund Usage - The company held meetings in 2023 and 2025 to approve changes in the use of raised funds, reallocating them to new projects instead of the originally planned ones [10][11]. - In the fourth quarter of 2025, the company reported a reduction of 3,409 bonds due to conversions and 10 bonds due to redemptions, leaving a remaining balance of 258,070,300 yuan [12].