私募EB每周跟踪（20250721-20250725）：可交换私募债跟踪-20250727

Report Summary 1. Report Industry Investment Rating - There is no information regarding the report's industry investment rating provided in the content. 2. Core Viewpoint of the Report - The report regularly summarizes the latest information on private exchangeable bond (Private EB) projects obtained from public channels and conducts basic element tracking on private exchangeable bond projects. It should be noted that the private issuance terms and the issuance process may be subject to change, and the final prospectus should be referred to. For the issuance progress, consultation with the relevant lead underwriters is recommended. This week, there is no new project information [1][2]. 3. Summary by Relevant Catalog 3.1 Private EB Project Tracking - No New Projects This Week: There is no new project information this week (some projects are not listed due to compliance reasons) [2]. - List of Existing Projects: The report lists multiple private EB projects, including details such as bond names, lead underwriters, scales, underlying stocks, project statuses, and update dates. Projects are in two statuses: "Passed" and "Feedback Received". For example, the "Beijing He Xie Heng Yuan Technology Co., Ltd. 2025 Private Placement Exchangeable Corporate Bonds for Professional Investors" with a scale of 6 and underlying stock of Sichuan Shuangma has passed, updated on July 18, 2025; the "Fuda Holding Group Co., Ltd. 2025 Private Placement Exchangeable Corporate Bonds for Professional Investors" with a scale of 12 and underlying stock of Fuda Co., Ltd. has received feedback, updated on July 11, 2025 [3].