永吉股份不提前赎回可转债，股价与转债价格双双异动

Group 1 - The core point of the article is that Yongji Co., Ltd. decided not to redeem its convertible bonds early, which led to a significant price increase of 12% in a single day [1] - The company approved a credit guarantee of 95 million yuan for its wholly-owned subsidiary, which represents 38.11% of the latest audited net assets, pending shareholder approval [1] - The convertible bonds experienced a cumulative price increase of over 30% in three days, with the company confirming no undisclosed major issues and normal operations [1] Group 2 - Over the past week (February 6 to February 11), Yongji Co., Ltd.'s stock price fluctuated significantly, with a total increase of 15.69% and a volatility of 26.99% [2] - On February 10, the stock price hit the daily limit, closing at 13.53 yuan, with a net inflow of 47.6863 million yuan from main funds; however, it fell to 13.20 yuan on February 11, a decrease of 2.44% [2] - The convertible bond market was also active, with the price reaching 216.022 yuan per bond and a conversion premium of 28.53% as of February 10 [2] Group 3 - Market opinions on February 12 indicated that institutions set a comprehensive target price of 11.47 yuan for Yongji Co., Ltd., suggesting a potential downside from the current stock price, with a TTM P/E ratio of approximately 43.78 times, indicating high valuation [3] - There is a notable divergence in institutional views: bullish analysts highlight stable cash flow from the cigarette label business and better-than-expected growth in the overseas medical cannabis sector, while cautious analysts point out a 22.94% year-on-year decline in net profit for the first three quarters of 2025 and a 44.84% drop in net profit excluding non-recurring items, indicating pressure on core profitability [3]