证券代码：688026 证券简称：洁特生物 公告编号：2025-037 转债代码：118010 转债简称：洁特转债 关于实施 2024 年年度权益分派时 调整"洁特转债"转股价格的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 证券停复牌情况：适用 因实施 2024 年年度权益分派,本公司的相关证券停复牌情况如下：权益分派公 告前一交易日（2025 年 6 月 24 日）至权益分派股权登记日（2025 年 7 月 1 日） 期间，"洁特转债"将停止转股，于 2025 年 7 月 2 日起恢复转股。 证券代码 证券简称 停复牌类型 停牌起始日 停牌期间 停牌终止日 复牌日 ? 调整前转股价：48.02 元/股 广州洁特生物过滤股份有限公司 ? 调整后转股价：47.95 元/股 ? 转股价格调整起始日期：2025 年 7 月 2 日 一、转股价格调整依据 广州洁特生物过滤股份有限公司（以下简称"公司"）已于 2025 年 5 月 7 日召 开了 2024 年年度股东大会，审议通过《关于 2024 年度利润 ...

债券代码：127071 债券简称：天箭转债 陕西中天火箭技术股份有限公司 关于不向下修正天箭转债转股价格的公告 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。 证券代码：003009 证券简称：中天火箭 公告编号：2025-039 （一）修正权限与修正幅度 在本次可转债存续期间，当公司股票在任意连续三十个交易日中至少有十五 个交易日的收盘价低于当期转股价格的 85%时，公司董事会有权提出转股价格向 下修正方案并提交公司股东大会审议表决。若在前述三十个交易日内发生过转股 价格调整的情形，则在转股价格调整日前的交易日按调整前的转股价格和收盘价 计算，在转股价格调整日及之后的交易日按调整后的转股价格和收盘价计算。 重要内容提示： 一、截至 2025 年 6 月 24 日，陕西中天火箭技术股份有限公司（"以下简称 公司"）股票在连续三十个交易日中已经有十五个交易日的收盘价格低于当期转 股价格 85%，即 45.00 元/股的情形，触发"天箭转债"转股价格向下修正条款。 二、经公司第四届董事会第二十一次会议审议通过，公司董事会同意本次不 向下修正"天箭转债"转股价格，同 ...

Core Viewpoint - The announcement details the issuance and terms of the convertible bond "NanYao Convertible Bond" by Nanjing Pharmaceutical Co., Ltd, including its conversion price, issuance scale, and relevant procedures for bondholders [1][2][3]. Group 1: Issuance Overview - The convertible bond code is 110098 and the bond name is "NanYao Convertible Bond" [1]. - The total issuance amount is 1,081.49 million RMB, with each bond having a face value of 100 RMB [2]. - The bond has a term of 6 years, from December 25, 2024, to December 24, 2030 [2]. Group 2: Conversion Terms - The conversion price is set at 5.12 RMB per share [2][4]. - The conversion period starts from July 1, 2025, and ends on December 24, 2030 [2][3]. - The bond has a tiered interest rate structure, starting at 0.20% in the first year and increasing to 2.00% in the sixth year [2]. Group 3: Conversion Procedures - Bondholders can apply for conversion during the specified conversion period on trading days [3]. - The conversion process includes a mechanism for handling fractional shares and the calculation of the actual convertible bond quantity [3][4]. - Newly converted shares will have the same rights as existing shares [4]. Group 4: Adjustment of Conversion Price - The initial conversion price was set at 5.29 RMB per share, which has been adjusted to 5.12 RMB due to a cash dividend distribution [5][6]. - The conversion price can be adjusted based on various corporate actions, including stock dividends and cash dividends [6][8]. - The company has the right to propose downward adjustments to the conversion price if the stock price falls below certain thresholds [8][9]. Group 5: Redemption and Sale Rights - The company may redeem the unconverted bonds at 108% of the face value within five trading days after maturity [10]. - Bondholders have the right to sell back their bonds to the company if the stock price falls below 70% of the conversion price during the last two interest years [10][12]. - Additional sale rights are available if there are significant changes in the use of raised funds [12].

Group 1 - The core viewpoint of the article is the verification opinion of GF Securities regarding the repurchase of convertible bonds issued by Zhejiang Rongsheng Environmental Paper Co., Ltd. [1][5] - The company issued 5.76 million convertible bonds on August 18, 2023, with a total issuance amount of 576 million yuan, after deducting issuance costs, the net fundraising amount was approximately 570 million yuan [1][2] - The additional repurchase clause allows bondholders to sell their bonds back to the company at face value plus accrued interest if there are significant changes in the investment projects funded by the bonds [2][3] Group 2 - The repurchase price for the bonds is set at 100.35 yuan per bond, which includes accrued interest calculated based on a coupon rate of 0.4% for the second year [3][4] - The repurchase period is from July 2, 2025, to July 8, 2025, during which bondholders can choose to sell back their bonds [4] - The company will continue to trade the bonds during the repurchase period, but conversion to stock will be suspended [4]

债券代码：110098 债券简称：南药转债 证券代码：600713 证券简称：南京医药 编号：ls2025-091 南京医药股份有限公司 关于因实施权益分派调整可转债转股价格的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 调整前转股价格：5.29 元/股 ? 调整后转股价格：5.12 元/股 ? "南药转债"本次转股价格调整实施日期：2025 年 6 月 30 日 限公司向不特定对象发行可转换公司债券注册的批复》（证监许可【2024】1736 号）， 核准南京医药股份有限公司（以下简称"公司"）本次可转换公司债券（以下简称"可 转债"）发行。公司向不特定对象发行可转债 10,814,910 张，每张面值为人民币 100 元，并于 2025 年 1 月 20 日在上海证券交易所上市交易（债券简称：南药转债，债券 代码：110098），初始转股价格为 5.29 元/股。 一、转股价格调整依据 公司股份回购专用证券账户持有股数）为基数分配利润，向全体股东每 10 股派发现金 红利 1.70 元（含税）。在 ...

Core Viewpoint - The strong performance of bank stocks is accelerating the "exit" of bank convertible bonds from the market, with several banks triggering redemption mechanisms due to rising stock prices [2][3]. Group 1: Bank Convertible Bonds - Qilu Bank announced that its convertible bond, Qilu Convertible Bond, is expected to meet redemption conditions due to a significant increase in its stock price [2]. - Qilu Bank issued 80 billion yuan worth of convertible bonds on November 29, 2022, with a term of 6 years and conditional redemption clauses [2]. - The stock price of Qilu Bank has been above 130% of the conversion price for 10 out of the last 15 trading days, which could trigger the redemption mechanism if the trend continues [2][3]. Group 2: Market Trends - The overall bank sector has seen a rise of over 16% year-to-date, contributing to the triggering of redemption mechanisms for multiple bank convertible bonds [3]. - As of June 24, the conversion premium for Qilu Convertible Bond was negative, indicating strong motivation among holders to convert [3]. - The number of outstanding bank convertible bonds has decreased to 10, with a total balance of 148.63 billion yuan, and further reductions are expected by the end of the year [4]. Group 3: Capital Management - Banks are strongly motivated to convert convertible bonds into equity to supplement core Tier 1 capital and improve capital adequacy ratios [3]. - If convertible bonds do not convert successfully, banks face increased financial costs due to the obligation to pay principal and interest on maturing bonds [3]. - The successful triggering of redemption mechanisms will accelerate the conversion process, effectively supplementing core Tier 1 capital [3].

Core Viewpoint - The credit rating report for Wuxi Intelligent Control Engineering Co., Ltd. indicates a stable outlook for the company's credit quality, despite facing challenges such as increased competition and declining profit margins in the control valve market [1][2][3]. Company Overview - Wuxi Intelligent Control specializes in the production of control valves and has established partnerships with major domestic petrochemical companies, including China Petroleum and China Petrochemical [3][4]. - The company has a stable order book, ranking highly in supplier bids for China Petrochemical, indicating a solid customer base [3][4]. Financial Performance - The company's revenue for 2024 reached 1.093 billion yuan, reflecting a year-on-year growth of 6.71%, while the first quarter of 2025 saw a decline of 16.95% compared to the previous year [4][5]. - The gross profit margin has decreased significantly due to competitive pricing pressures, with the average selling price of products dropping from 27,000 yuan to 22,000 yuan per unit [5][6]. Market Environment - The control valve market is characterized by intense competition and a fragmented structure, with the company holding a market share of approximately 1% [6][7]. - The mechanical industry is expected to maintain stable growth, supported by infrastructure investment and technological advancements, although specific segments may experience varying performance [3][6]. Operational Efficiency - The company operates two production bases in Wuxi and Haimen, with a total production capacity of 23,000 standard control valves and 6,000 intelligent control valves annually [4][6]. - The inventory turnover rate improved to 1.39 times per year, while accounts receivable turnover decreased to 2.46 times per year, indicating challenges in cash flow management [8]. Future Outlook - The company is expected to face ongoing challenges related to customer payment cycles and competitive pricing, which may impact liquidity and profitability [2][3]. - Despite these challenges, the company is positioned to benefit from ongoing demand in the petrochemical sector and potential growth in the renewable energy market [5][6].

Group 1 - The China Securities Convertible Bond Index opened up by 0.03% [1] - Yong'an Convertible Bond increased by 9.6%, while Huafeng Convertible Bond rose by 3.6% [1] - Several other convertible bonds, including Lianchuang, Xuelong, Quanfeng, and Hengshuai, saw gains exceeding 2% [1] Group 2 - Shouhua Convertible Bond decreased by 4.7%, and both Tianhao and Chuanheng Convertible Bonds fell by over 2% [1]

Key Points - The company has issued convertible bonds with a total amount of 2 billion yuan, which began trading on November 16, 2020 [1] - The conversion period for the bonds is from April 22, 2021, to October 15, 2026 [2] - The conversion price has been adjusted multiple times due to profit distribution, with the latest adjustment reducing it to 10.91 yuan per share effective June 26, 2024 [3] - A recent board meeting approved a further reduction of the conversion price to 9.20 yuan per share, effective from November 2024 [4] - The company has outlined specific conditions under which the conversion price can be adjusted downward, including a scenario where the stock price falls below 85% of the current conversion price for at least 15 trading days [5] - The company is required to disclose any adjustments to the conversion price in accordance with regulatory guidelines [6]

恒帅股份（300969）公告，公司控股股东宁波恒帅投资管理有限公司、实际控制人俞国梅女士及其一致 行动人宁波玉米股权投资管理合伙企业(有限合伙)将所持有的公司可转换公司债券(债券简称：恒帅转 债，债券代码：123256)办理了质押登记手续。本次质押数量为242.88万张，占公司可转债余额比例 74.14%。其中，俞国梅质押58.51万张，占其所持可转债比例100%；宁波恒帅投资管理有限公司质押 175.54万张，占其所持可转债比例100%；宁波玉米股权投资管理合伙企业(有限合伙)质押88318张，占 其所持可转债比例100%。质权人均为西藏信托有限公司，质押用途为个人融资。 ...