Summary of Key Points Core Viewpoint - Zhejiang Hailiang Co., Ltd. has issued convertible bonds with specific terms and conditions regarding conversion and redemption, which are crucial for investors to understand [2][3][9]. Group 1: Convertible Bond Issuance and Listing - The company issued 31.50 billion yuan worth of convertible bonds on November 21, 2019, with a total of 31.50 million bonds at a face value of 100 yuan each, with a six-year term [3]. - The bonds were approved for listing on the Shenzhen Stock Exchange and began trading on December 16, 2019, under the name "Hailiang Convertible Bonds" with the code "128081" [4]. Group 2: Conversion Terms and Price Adjustments - The conversion period for the bonds is from May 27, 2020, to November 21, 2025, with an initial conversion price set at 9.83 yuan per share, which has been adjusted multiple times due to annual profit distributions [5][6][7][8]. - The conversion price has been adjusted from 9.83 yuan to 9.54 yuan as of July 5, 2023, and will further adjust to 9.20 yuan on July 4, 2025 [7][8]. Group 3: Conditional Redemption Terms - The company has the right to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [9][11]. - The redemption can also occur if the remaining balance of unconverted bonds falls below 30 million yuan [10]. Group 4: Future Announcements and Investor Guidance - The company will hold a board meeting to decide on exercising the redemption right if the conditions are met and will disclose relevant announcements in a timely manner [11][12].

Group 1 - The company, Henan Zhonggong Design Research Institute Group Co., Ltd., has announced that from July 30, 2025, to August 13, 2025, its stock price has closed at or above 130% of the current conversion price of the convertible bond "Sheyan Convertible Bond" (8.05 CNY/share), which is 10.47 CNY/share, potentially triggering the conditional redemption clause [1][10] - The company has the right to decide whether to redeem all or part of the unconverted "Sheyan Convertible Bond" at face value plus accrued interest if the conditional redemption clause is triggered [1][10] - The initial conversion price of "Sheyan Convertible Bond" was 11.24 CNY/share, which has been adjusted to 8.05 CNY/share [2][10] Group 2 - The "Sheyan Convertible Bond" was approved for issuance by the China Securities Regulatory Commission and began trading on December 2, 2021, with a total issuance amount of 376 million CNY [2] - The conversion period for the "Sheyan Convertible Bond" started on May 17, 2022 [2] - The company has made several adjustments to the conversion price based on various corporate actions, including share buybacks and dividend distributions, with the latest adjustment bringing the conversion price to 8.76 CNY/share [6][8]

Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "Zhongqi Convertible Bonds," despite triggering the redemption conditions due to the stock price exceeding 130% of the conversion price [1][2][7]. Group 1: Convertible Bond Issuance and Redemption - The company issued 5.4 million convertible bonds on March 3, 2023, with a total value of 540 million RMB and a maturity of six years [2][3]. - The initial conversion price was set at 30.27 RMB per share, which was adjusted to 30.17 RMB on June 16, 2023, and further adjusted to 30.02 RMB on June 7, 2024, and finally to 20.70 RMB on July 11, 2024, before being set to 14.76 RMB on May 29, 2025 [3][4][5]. - The redemption conditions were triggered as the stock price was above 19.188 RMB (130% of the conversion price) for at least 15 trading days from July 18 to August 7, 2025 [6][7]. Group 2: Board Decisions and Future Actions - The board of directors convened on August 7, 2025, and resolved not to exercise the early redemption rights, considering the current market conditions and the company's situation [2][7]. - The company will not exercise the early redemption rights for three months following the board's decision, from August 8 to November 7, 2025, even if the redemption conditions are met again [7]. - There have been no transactions in "Zhongqi Convertible Bonds" by major shareholders or executives in the six months prior to the redemption conditions being met, and there are no plans for future reductions in holdings [8]. Group 3: Compliance and Opinions - The underwriting institution, Minsheng Securities, confirmed that the decision not to redeem the bonds early was made following necessary procedures and complies with relevant regulations [9].

Core Viewpoint - Huamao (Xiamen) New Materials Technology Co., Ltd. has announced that its convertible bonds, "Huamao Convertible Bonds," are expected to meet the redemption conditions based on stock performance [2][7]. Group 1: Convertible Bond Issuance and Trading - The company issued 10.5 million convertible bonds with a total amount of 1.05 billion yuan, approved by the China Securities Regulatory Commission, and these bonds began trading on October 12, 2023 [3]. - The initial conversion price was set at 34.18 yuan per share, which has been adjusted multiple times, currently standing at 33.76 yuan per share as of June 23, 2025 [4][5]. Group 2: Redemption Conditions - The bonds may be redeemed if the company's stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days [6][7]. - As of July 17, 2025, the stock price has already met the condition for 10 trading days, indicating a potential for triggering the redemption clause [2][7]. Group 3: Future Actions - If the redemption conditions are met, the company will convene a board meeting to decide on redeeming all or part of the unconverted bonds at face value plus accrued interest [6][7].

Core Viewpoint - The company, Sichuan Dongcai Technology Group Co., Ltd., has announced that its convertible bond, "Dongcai Convertible Bond," is expected to meet the conditions for redemption based on stock price performance [2][10]. Summary by Sections Convertible Bond Issuance Overview - The company issued 14 million convertible bonds with a total value of 1.4 billion RMB, each with a face value of 100 RMB, on November 16, 2022, with a maturity of six years [2][3]. - The coupon rates for the bonds are set to increase over the years, starting from 0.30% in the first year to 2.00% in the sixth year [2]. Convertible Bond Trading and Price Adjustment - The bonds were listed for trading on the Shanghai Stock Exchange starting December 12, 2022 [3]. - The initial conversion price was set at 11.75 RMB per share, with adjustments made due to various corporate actions, including dividend distributions and stock repurchases, resulting in a current conversion price of 11.53 RMB per share [4][5][6][7]. Conditional Redemption Terms and Expected Trigger - The conditional redemption terms allow the company to redeem the bonds if the stock price remains above 130% of the conversion price for a specified number of trading days [8][10]. - As of the announcement, the stock price has been above the threshold for 10 trading days, and if it continues to meet the criteria for 20 trading days with at least 5 days above the threshold, the redemption clause will be triggered [10][11].

Core Viewpoint - The company, Shenzhen Haopeng Technology Co., Ltd., has announced the potential triggering of conditional redemption for its convertible bonds, "Haopeng Convertible Bonds," if the stock price remains above a specified threshold for a certain period [1][7]. Group 1: Convertible Bond Issuance - The company issued 11 million convertible bonds with a maturity of 6 years, each with a face value of RMB 100 [2]. - The bonds were approved by the China Securities Regulatory Commission and began trading on January 11, 2024 [2]. - The initial conversion price was set at RMB 50.65 per share, which has been adjusted to RMB 50.22 per share [2][3]. Group 2: Conditional Redemption Terms - The company has the right to redeem all or part of the unconverted bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days, or if the unconverted balance is below RMB 30 million [1][5]. - The calculation for accrued interest upon redemption is specified, with the formula provided [5][6]. Group 3: Interest Rates - The coupon rates for the bonds are structured to increase over the six-year period, starting from 0.30% in the first year to 2.10% in the sixth year [6].

债券代码：123063 债券简称：大禹转债 大禹节水集团股份有限公司 证券代码：300021 证券简称：大禹节水 公告编号：2025－103 本公司及其董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 司（以下简称"公司"）股票在任意连续三十个交易日中已有十个交易日的收盘 价不低于当期转股价格 3.66 元/股的 130%（含 130%，即 4.76 元/股）。 根据《大禹节水股份有限公司创业板公开发行可转换公司债券募集说明书》 （以下简称"《募集说明书》"）及相关规定，若在未来触发"大禹转债"的有条 件赎回条款：在转股期内，如果公司股票在任意连续三十个交易日中至少十五个 交易日的收盘价格不低于当期转股价格的 130%（含 130%），公司有权决定按照以 债券面值加当期应计利息的价格赎回全部或部分未转股的"大禹转债"。公司将 在满足可转换公司债券（以下简称"可转债"）赎回条件的当日召开董事会，决 定是否行使上述赎回权限及相关事宜。 敬请广大投资者详细了解可转债相关规定，并关注公司后续公告，注意投资 风险。 一、 可转债基本情况 （一）可转债发行上市情况 经中国 ...

Core Viewpoint - The company announces that its convertible bond "BaiDian Convertible Bond" is expected to meet the redemption conditions based on the stock price performance from July 8 to July 22, 2025, indicating a potential redemption of the bond if certain price thresholds are maintained [1][6]. Summary by Sections Convertible Bond Issuance Overview - The company issued a total of 880 million yuan in convertible bonds, with a term of 6 years from November 15, 2019, to November 14, 2025 [1][2]. - The initial conversion price was set at 8.99 yuan per share [2]. Convertible Bond Trading and Price Adjustments - The convertible bonds were listed on the Shanghai Stock Exchange on December 11, 2019, under the code "113549" [1]. - The conversion price has been adjusted multiple times, with the latest adjustment reducing it from 8.92 yuan to 7.73 yuan per share [4]. Conditional Redemption Terms and Expected Trigger - The company has outlined conditional redemption terms, allowing for redemption if the stock price remains above 130% of the conversion price for a specified number of trading days [5]. - As of the announcement, the stock price has been above the required threshold for 10 trading days, and if it continues to meet the criteria, the company may redeem the bonds [6].

证券代码：002171 证券简称：楚江新材 公告编号：2025－067 债券代码：128109 债券简称：楚江转债 安徽楚江科技新材料股份有限公司 关于"楚江转债"可能满足赎回条件的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 称"公司"）召开第六届董事会第三十三次会议，审议通过了《关于不 提前赎回"楚江转债"的议案》，公司董事会决定本次不行使"楚江转 债"的提前赎回权利，并决定自本次董事会审议通过后 3 个月内（即 件赎回条款时，公司均不行使提前赎回权利。以 2025 年 7 月 1 日后首 个交易日（即 2025 年 7 月 2 日）重新计算，若"楚江转债"再次触发 赎回条款，届时董事会将另行召开会议决定是否行使"楚江转债"的提 前赎回权利。具体内容详见公司于 2025 年 4 月 2 日披露的《关于不提 前赎回"楚江转债"的公告》（公告编号：2025-029）。 的 130%（即 7.93 元/股）。若在未来触发"楚江转债"的有条件赎回 条款（即在本次发行的可转换公司债券转股期内，如果公司 A 股股票 连续三十个交易日中至少有十 ...

Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "Yitian Convertible Bonds," despite meeting the conditions for potential redemption, in order to protect investor interests and considering current market conditions [1][5][6] Group 1: Convertible Bond Details - The company issued 5,202,100 convertible bonds with a total value of RMB 520.21 million, each with a face value of RMB 100 [1][2] - The initial conversion price for the "Yitian Convertible Bonds" was set at RMB 38.08 per share, which has been adjusted to RMB 28.61 per share effective from May 23, 2024, and further adjusted to RMB 21.31 per share effective from June 3, 2025 [2][3] - The conversion period for the bonds starts on June 27, 2024, and ends on December 20, 2029 [2] Group 2: Redemption Conditions and Trigger - The bonds have conditional redemption clauses that allow the company to redeem them if the stock price remains above 130% of the conversion price for at least 15 trading days within any 30-day period [4] - The redemption conditions were triggered between June 9, 2025, and June 27, 2025, as the stock price met the required threshold [4] Group 3: Decision Against Early Redemption - The board of directors held a meeting on June 27, 2025, and decided not to exercise the early redemption rights, citing the short conversion period and the need to protect investor interests [5][6] - The decision will be re-evaluated after September 27, 2025, should the redemption conditions be triggered again [5] Group 4: Shareholder Transactions - The company's major shareholders, including the controlling shareholder and actual controller, have engaged in transactions involving the "Yitian Convertible Bonds" in the six months prior to the redemption conditions being met [6] - No plans for further reductions in holdings of the convertible bonds have been reported by major shareholders for the next six months [6]