Zheng Quan Ri Bao·2026-02-10 23:31Group 1 - The core point of the article is the issuance of convertible bonds by Shanghai Yaoji Technology Co., Ltd., which aims to raise funds for various projects while providing bondholders with the option to convert their bonds into A-shares of the company [2][27]. - The total amount raised from the issuance of the convertible bonds is RMB 583.1273 million, with a net amount of RMB 574.6545 million after deducting issuance costs [2][3]. - The bonds will have a maturity period of six years, from January 25, 2024, to January 24, 2030, with an annual interest rate that increases progressively from 0.30% in the first year to 3.00% in the sixth year [6][7][8]. Group 2 - The initial conversion price for the bonds is set at RMB 21.53 per share, which is based on the average trading price of the company's A-shares prior to the bond issuance [12][14]. - The bonds will be listed on the Shenzhen Stock Exchange, and the bondholders will receive annual interest payments, with the first payment occurring one year after the issuance [3][10]. - The company has established conditions for early redemption of the bonds, which can be triggered if the stock price exceeds 130% of the conversion price for a specified period [20][21][28]. Group 3 - The company has decided not to exercise its right to redeem the bonds early, as approved by the board of directors, to protect the interests of investors [28][29]. - The company will continue to monitor the market conditions and the performance of the bonds, ensuring compliance with relevant regulations and protecting bondholder rights [30].