山西华翔集团股份有限公司关于持股5%以上股东拟非公开发行可交换公司债券办理持有股份担保及信托登记的公告

Core Viewpoint - Shanxi Huaxiang Group Co., Ltd. (hereinafter referred to as "the company" or "Huaxiang Co., Ltd.") announced that its major shareholder, Shanxi Provincial Transportation Development Investment Group Co., Ltd. (hereinafter referred to as "Shanxi Jiao Tou"), plans to issue a non-public offering of exchangeable corporate bonds, with a total amount not exceeding 200 million yuan, backed by its shares in the company [1][2]. Group 1 - Shanxi Jiao Tou has received approval from the Shanghai Stock Exchange for the issuance of exchangeable corporate bonds, which will be issued to professional investors [1][2]. - The bonds will be secured by a portion of the A-shares held by Shanxi Jiao Tou, and a trust arrangement will be established to ensure the timely payment of principal and interest to bondholders [2]. - The issuance will involve a total of 16,722,409 shares of Huaxiang Co., Ltd., representing approximately 3.10% of the company's total issued share capital, which will be placed in a trust account [2][3]. Group 2 - After the completion of the trust registration, Shanxi Jiao Tou will directly hold 28,652,591 shares, representing 5.30% of the company, while the shares in the trust account will remain at 3.10% [3]. - The trust registration will not result in a change of control for the company, nor will it constitute a tender offer [3].