格隆汇7月30日丨胜蓝股份(300843.SZ)在互动平台表示，公司暂未涉及光模块产品业务。 ...

1. Report Industry Investment Rating No information provided in the report. 2. Core Viewpoints of the Report - The high price and high valuation of convertible bonds have certain logical support from aspects such as bond floor and institutional behavior [3][7]. - The thick bond floor of convertible bonds currently may lead to an upward breakthrough in the average price as the stock market rises, and the existence of call - risk may cause the valuation and price of non - called convertible bonds to become more expensive [3][7]. - The option value of debt - like convertible bonds has increased, and their high - price and high - valuation state may be maintained, with the YTM possibly dropping to a very low level [3][7]. - As the equity market continues to strengthen and funds flow into equity - related assets, convertible bonds have become a tool for fixed - income plus funds to capture the beta of the equity market. If secondary bond funds replace primary bond funds as the marginal incremental form of fixed - income plus funds flowing into the market, the capital inflow into the convertible bond market may continue to increase [3][7]. - The average remaining term of the convertible bond market is gradually shortening, indicating an increase in both call and downward - revision probabilities. The high price of short - term debt - like convertible bonds currently contains a strong downward - revision expectation [3][7]. 3. Summary by Relevant Catalogs 3.1 Weekly Viewpoint and Outlook - The high price and high valuation of convertible bonds are supported by four clues, including the thick bond floor, the increase in the option value of debt - like convertible bonds, the strengthening of the equity market and the inflow of funds, and the shortening of the average remaining term of the convertible bond market [3][7]. 3.2 Convertible Bond Valuation - This week, the sentiment of convertible bonds and underlying stocks remained positive, with both rising significantly. The 100 - yuan valuation continued to rise unilaterally, and convertible bonds had a strong ability to follow the rise of underlying stocks [6][8]. - The overall market convertible bond 100 - yuan premium rate was 33%, rising by 1.14% in a single week, and the latest quantile level was at the 89.90% percentile since 2017. There was an obvious differentiation in the valuation of high - and low - rated convertible bonds, with the valuation of low - rated convertible bonds rising more [6][8]. - This week, convertible bonds continued to rise significantly following the underlying stocks, and the yield to maturity reached a new low since 2017, reporting - 5.09%. As of the latest, the conversion premium rate index, pure - bond premium rate index, and yield to maturity were 41.94%, 37.06%, and - 5.09% respectively, changing by - 1.31%, + 3.02%, and - 0.70% compared with last week, and their current quantile levels were at the 61.90, 62.70, and 0.00 percentiles since 2017 [6][10]. 3.3 Clause Tracking 3.3.1 Redemption - This week, convertible bonds such as Yingji, Chujiang, and Liancheng issued early redemption announcements. Currently, there are 22 convertible bonds that have issued call or maturity redemption announcements but have not yet delisted, and the potential conversion or maturity balance of call and maturity convertible bonds among those not delisted is 5 billion yuan [6][14]. - There are currently 52 convertible bonds in the redemption process, 14 of which are expected to meet the redemption conditions next week. Also, 4 convertible bonds issued non - redemption announcements this week [14][17][19]. 3.3.2 Downward Revision - This week, Zhongzhuangzhuan 2 and Jinneng convertible bonds proposed downward revisions, and Jingao convertible bond announced a downward revision to the bottom. As of the latest, 145 convertible bonds are in the non - downward - revision interval, 24 are restricted by net assets and cannot be downward - revised, 1 has triggered the condition but the stock price is still below the downward - revision trigger price without an announcement, 37 are accumulating downward - revision days, and 3 have issued downward - revision board proposals but have not yet held a general meeting of shareholders [6][20][21]. 3.3.3 Put Option - This week, Guowei and Changqi convertible bonds issued put - option announcements. As of the latest, 2 convertible bonds have issued put - option announcements, and 4 are accumulating put - option trigger days, among which 3 are in the non - downward - revision interval and 1 is accumulating downward - revision days [23]. 3.4 Primary Issuance - There were no convertible bond issuance announcements this week. According to the latest announcement, Bo 25 convertible bond is to be listed next week (July 28, 2025). As of the latest, there are 6 convertible bonds in the approval - registration progress with an expected issuance scale of 6.9 billion yuan, and 3 in the listing - committee approval progress with an expected issuance scale of 4 billion yuan [25].

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保情况概述 胜蓝科技股份有限公司（以下简称"公司"）分别于2025年7月3日召开第三届 董事会第二十四次会议和第三届监事会第十七次会议、2025年7月21日召开2025 年第二次临时股东大会，审议通过了《关于为控股子公司提供担保的议案》，同 意公司为控股子公司东莞市特普伦实业有限公司（以下简称"特普伦"）根据实际 需要提供担保，担保额度不超过人民币1,000.00万元（含本数），担保方式为连带 责任保证担保。 证券代码：300843 证券简称：胜蓝股份 公告编号：2025-045 二、担保进展情况 近日，特普伦向广发银行股份有限公司东莞分行（以下简称"广发银行东莞 分行"）申请综合授信额度人民币1,000.00万元，公司及特普伦的其他股东郭磊先 生、刘尧先生均为上述授信业务与广发银行东莞分行签订《最高额保证合同》， 提供最高额保证担保。 本次担保属于已审议通过的担保事项，且担保金额在公司为控股子公司提供 担保额度范围内，无需再次提交公司董事会或股东会审议。 胜蓝科技股份有限公司 关于为控股子公司提供担保的进 ...

同日，公司召开第四届董事会第一次会议，审议选举董事长、董事会各专门 委员会委员及聘任高级管理人员、证券事务代表相关议案。公司第四届董事会 换届选举工作已完成，现将有关情况公告如下： 证券代码：300843 证券简称：胜蓝股份 公告编号：2025-044 胜蓝科技股份有限公司 关于董事会完成换届选举及聘任高级管理人员、证 券事务代表的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 胜蓝科技股份有限公司（以下简称"公司"）于2025年7月21日召开2025年第 二次临时股东大会，选举产生3名非独立董事与3名独立董事，与公司职工代表 大会选举产生的1名职工代表董事共同组成公司第四届董事会，任期自股东大会 通过之日起三年。 一、第四届董事会组成情况 1、非独立董事：黄雪林先生（董事长）、潘浩先生、王俊胜先生 2、独立董事：赵连军先生、苏文荣先生、谭小平女士 3、职工代表董事：郭正桃先生 公司第四届董事会任期为自2025年第二次临时股东大会选举通过之日起三 年。董事会中兼任公司高级管理人员的董事人数以及由职工代表担任的董事人 数未超过公司董事总数的二分之一，独立董 ...

证券代码：300843 证券简称：胜蓝股份 公告编号：2025-043 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 胜蓝科技股份有限公司（以下简称"公司"）于2025年7月21日召开2025年第 二次临时股东大会选举产生第四届董事会成员后，经全体董事一致同意豁免会 议通知时限要求，以口头及通讯方式发出会议通知，于同日在广东省东莞市东 坑镇横东路225号公司会议室召开第四届董事会第一次会议。本次会议以现场与 通讯相结合的方式召开，由半数以上董事推选董事黄雪林先生主持，应出席董 事7人，实际出席董事7人（其中：谭小平女士、赵连军先生、苏文荣先生以通讯 表决方式出席会议），公司高级管理人员列席本次会议。本次会议的召开和表 决程序符合《中华人民共和国公司法》等法律、法规、规范性文件和《公司章 程》的有关规定，会议合法、有效。 二、董事会会议审议情况 1、审议通过《关于选举公司第四届董事会董事长的议案》 经全体董事一致同意，选举董事黄雪林先生为公司第四届董事会董事长， 任期三年，自本次董事会审议通过之日起至第四届董事会届满之日止。 表决结果： ...

胜蓝科技股份有限公司 2025 年第二次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 证券代码：300843 证券简称：胜蓝股份 公告编号：2025-042 1、本次股东大会未出现否决议案的情况； 2、本次股东大会不涉及变更以往股东大会已通过的决议的情形。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开的日期、时间： （1）现场会议召开时间：2025 年 7 月 21 日（星期一）下午 14:30； （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 7 月 21 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳证券 交易所互联网投票系统投票的具体时间为 2025 年 7 月 21 日 9:15 至 15:00 的任 意时间。 2、会议召开方式：本次会议采取现场投票和网络投票相结合的方式。 3、现场会议召开地点：广东省东莞市东坑镇横东路 225 号，胜蓝科技股份 有限公司（以下简称"公司"）会议室。 4、会议召集人：公司董事会 5、会议主持人：董 ...

北京市嘉源律师事务所 关于胜蓝科技股份有限公司 2025 年第二次临时股东大会的 法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 致：胜蓝科技股份有限公司 北京市嘉源律师事务所 关于胜蓝科技股份有限公司 2025 年第二次临时股东大会的 法律意见书 嘉源(2025)-04-541 北京市嘉源律师事务所（以下简称"本所"）接受胜蓝科技股份有限公司（以 下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简称"《公司 法》"）《上市公司股东会规则》（以下简称"《股东会规则》"）等现行有效 的法律、行政法规、部门规章、规范性文件（以下简称"法律法规"）以及《胜 蓝科技股份有限公司章程》（以下简称"《公司章程》"）的有关规定，指派本 所律师对公司2025年第二次临时股东大会（以下简称"本次股东大会"）进行见 证，并依法出具本法律意见书。 为出具本法律意见书，本所指派律师现场见证了本次股东大会，查阅了公司 提供的与本次股东大会有关的文件和资料，并进行了 ...

Report Industry Investment Rating No information provided regarding the industry investment rating. Core View of the Report - The equity and convertible bond markets continued to rise this week, with the underlying stocks outperforming the convertible bonds. The convertible bond valuation entered a digestion phase after a significant increase. The overall market convertible bond premium rate per 100 yuan was 31%, with a slight weekly decline of 0.13%, and the latest quantile was at the 83.40% percentile since 2017. The valuation differentiation between high - and low - rated convertible bonds was not significant, both showing an oscillatory trend [4][6]. - The convertible bond market has entered a stage where the underlying stock elasticity is released and the convertible bond valuation is digested. It is recommended that investors maintain a dumbbell - shaped allocation. On one hand, with the expiration of base - position convertible bonds such as Pufa Convertible Bonds, the demand for base - position convertible bonds will further overflow, and the supply - demand relationship of large - cap blue - chip convertible bonds will become more imbalanced. It is recommended to continue to focus on high - grade convertible bonds with stable long - term fundamentals and short - term operational safety, and strategically increase the allocation of bank - related convertible bonds at low prices. On the other hand, small - cap growth convertible bonds will continue to benefit from loose liquidity and the AI + industry trend. Investors are advised to pay attention to opportunities in industries such as humanoid robots, AI +, and new consumption. In addition, as the average remaining term of the entire market approaches 2 years, investors are advised to pay attention to the downward - revision opportunities of low - priced, high - premium convertible bonds [1][5]. Summary by Directory 1. Weekly View and Outlook - In the past week, the Wind Convertible Bond Information Technology Index, Convertible Bond AA + Index, Convertible Bond Low - Price Index, and Convertible Bond Large - Cap Index led the gains. The underlying stocks rose significantly more than the convertible bonds, indicating that in the context of the equity market drive, the convertible bond market has entered a stage of releasing underlying stock elasticity and digesting convertible bond valuations. - Investment strategy: Maintain a dumbbell - shaped allocation. Focus on high - grade, fundamentally stable large - cap blue - chip convertible bonds and strategically increase the allocation of low - priced bank - related convertible bonds. Pay attention to opportunities in small - cap growth convertible bonds in industries such as humanoid robots, AI +, and new consumption. Also, focus on the downward - revision opportunities of low - priced, high - premium convertible bonds as the average remaining term approaches 2 years [1][5]. 2. Convertible Bond Valuation - The equity and convertible bond markets continued to rise this week, with the underlying stocks outperforming the convertible bonds. The convertible bond valuation entered a digestion phase after a significant increase. The overall market convertible bond premium rate per 100 yuan was 31%, with a slight weekly decline of 0.13%, and the latest quantile was at the 83.40% percentile since 2017. The valuation differentiation between high - and low - rated convertible bonds was not significant, both showing an oscillatory trend [4][6]. 3. Clause Tracking 3.1 Redemption - This week, Huitong Convertible Bond, Jingduan Convertible Bond, and Qilu Convertible Bond issued early redemption announcements. Currently, there are 13 convertible bonds that have issued forced redemption or maturity redemption announcements but have not yet delisted, and the potential maturity or conversion balance of forced - redemption and maturity convertible bonds among the non - delisted ones is 8 billion and 600 million yuan. There are currently 36 convertible bonds in the redemption process, and 12 are expected to meet the redemption conditions next week. Three convertible bonds issued non - redemption announcements this week [4][14][18]. 3.2 Downward Revision - This week, Jingao Convertible Bond proposed a downward revision, and Qibin Convertible Bond, Caitong Convertible Bond, and Ruida Convertible Bond announced downward revisions. Among them, Caitong Convertible Bond did not revise to the bottom, while Qibin Convertible Bond and Ruida Convertible Bond revised to the bottom. As of now, 159 convertible bonds are in the non - downward - revision interval, 27 are restricted by net assets and cannot be revised downward, 2 have triggered the condition but the stock price is still below the downward - revision trigger price without an announcement, 43 are accumulating downward - revision days, and 4 have issued board proposals for downward revision but have not yet gone to the general meeting of shareholders [4][22]. 3.3 Put Option - No convertible bonds issued put - option announcements this week. As of now, 8 convertible bonds are accumulating put - option trigger days, among which 7 are in the non - downward - revision interval and 1 proposed a downward revision [25]. 4. Primary Issuance - Two convertible bonds issued issuance announcements this week. According to the latest announcements, there are no convertible bonds to be listed next week. As of now, there are 4 convertible bonds in the approved - registration progress, with a to - be - issued scale of 9 billion yuan; and 3 convertible bonds in the listing - committee - approved progress, with a to - be - issued scale of 2.6 billion yuan [27].

Core Viewpoint - Copper cable high-speed connection concept stocks are experiencing a surge, with notable increases in share prices for several companies [1] Group 1: Company Performance - Woer (002130) reached the daily limit increase [1] - Shenyu Co., Ltd. (300563) rose over 8% [1] - Zhaolong Interconnect (300913), Dingtong Technology, and Shenglan Co., Ltd. (300843) also saw price increases [1] Group 2: Market Activity - Dark pool funds are flowing into these stocks, indicating increased investor interest [1]

胜蓝科技股份有限公司 期货套期保值业务管理制度 第一章 总则 第一条 为充分发挥期货套期保值功能，规范胜蓝科技股份有限公司（以下 简称"公司"）的期货套期保值业务，有效控制和防范期货套期保值风险，根据 《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司信息披露 管理办法》、《深圳证券交易所创业板股票上市规则》及《公司章程》等有关规 定，结合公司实际情况，特制定本制度。 第二条 公司进行期货套期保值业务以规避生产经营使用的主要原材料价格波 动所产生的风险为目的。公司根据销售和生产采购计划，进行期货套期保值交易 （以下简称"期货交易"），以抵消现货市场交易中存在的价格波动风险，稳定采 购成本，保障公司业务稳步发展。公司期货套期保值业务仅限于与公司现有生产 经营相关的期货品种。 第三条 本制度同时适用于公司全资子公司及控股子公司（以下统称"子公 司"）。子公司进行期货套期保值业务，视同公司进行期货套期保值业务，适用 本制度。子公司的期货套期保值业务由公司进行统一管理。 第四条 公司从事期货套期保值业务， 应遵循以下原则： 1、公司从事期货套期保值业务，目的是规避主要原材料价格波动风险，不 得进行投机和套 ...