Core Viewpoint - Jiangsu Jingyan Technology Co., Ltd. plans to issue convertible bonds to raise up to RMB 577.89 million to support its business development and enhance capital strength and profitability [1][3][10] Group 1: Issuance Details - The company intends to issue convertible bonds convertible into A-shares, which will be listed on the Shenzhen Stock Exchange [2][3] - The funds raised will be allocated to projects including precision MIM components for new consumer electronics and data servers, as well as the construction of headquarters and R&D centers [1][18] Group 2: Necessity of Issuance - The investment amount for the projects is substantial, and self-funding is insufficient, necessitating external financing [3][10] - Convertible bonds offer a combination of equity and debt financing, typically with lower interest rates, thus reducing financial costs and optimizing capital structure [3][10] Group 3: Target Investors - The issuance will prioritize existing shareholders, with specific allocation ratios to be determined by the board [4][24] - The issuance will also be open to other qualified investors, including individuals and institutions [4][5] Group 4: Pricing and Valuation - The initial conversion price will be set based on the average stock price over the previous twenty trading days and must not be lower than the latest audited net asset value per share [6][8][21] - The pricing method and procedures comply with relevant regulations and will be disclosed appropriately [9][20] Group 5: Compliance and Governance - The company has established a sound organizational structure and governance framework, meeting the requirements for issuing convertible bonds [12][15] - The company has no outstanding debts or violations of regulations that would prevent it from issuing bonds [12][22] Group 6: Use of Proceeds - The funds will be exclusively used for business-related projects and will not be allocated for loss compensation or non-productive expenditures [18][19] - The projects align with national industrial policies and regulations [18][19] Group 7: Impact on Shareholder Returns - The issuance may dilute immediate returns for existing shareholders, but the company plans to implement measures to mitigate this impact and enhance profitability [24][25] - Commitments from major stakeholders to support the measures have been documented [25][26] Group 8: Conclusion - The issuance of convertible bonds is deemed necessary and feasible, aligning with the company's strategic goals and benefiting all shareholders [26]

Core Viewpoint - Jushen Logistics Group Co., Ltd. plans to issue convertible bonds to unspecified objects, aiming to enhance its financial structure and support its business expansion in the logistics sector, particularly in bulk commodity logistics and warehousing [1][2]. Company Overview - Jushen Logistics Group was established on November 10, 2011, and is listed on the Shenzhen Stock Exchange under the stock code 001202. The company has a registered capital of 166.69 million yuan [1][2]. - The company focuses on modern logistics, specializing in bulk commodity logistics and warehousing services [2][4]. Main Business Operations - The company operates in three main areas: 1. **Multimodal Transport**: Jushen provides comprehensive logistics services, integrating road, rail, and water transport to offer efficient and reliable solutions [2][3]. 2. **Agency Transport**: The company has developed the Jushen Smart Transport Network platform to optimize transport efficiency through technology [3]. 3. **Self-operated Transport**: Jushen utilizes its own transport equipment to deliver goods, particularly in the aluminum and bauxite sectors, with a focus on expanding operations in Guinea [3][4]. Financial Data and Indicators - As of March 31, 2025, the total assets of the company amounted to 1.51 billion yuan, with total liabilities of 750.70 million yuan and owner’s equity of 761.93 million yuan [6]. - The company reported a revenue of 259.60 million yuan for the first quarter of 2025, with a net profit attributable to the parent company of 7.84 million yuan [7]. Market Position and Strategy - Jushen has established a strong presence in key regions such as South China, East China, and Central China, with strategic locations near transportation hubs to enhance logistics efficiency [5]. - The company has long-term partnerships with major commodity exchanges, which supports its warehousing services and enhances its market competitiveness [5]. Investment Projects - The funds raised from the convertible bond issuance will be allocated to the Jushen Guinea transport project, working capital, and repayment of bank loans. The Guinea project is expected to generate an average annual revenue of 308.98 million yuan and a profit of 93.13 million yuan once fully operational [10][19]. Risks and Challenges - The company faces various risks, including potential declines in performance due to economic fluctuations, increased competition, and operational challenges in Guinea [8][13][14]. - The logistics industry is experiencing intensified competition, which may impact Jushen's market share and profitability [14].

Core Viewpoint - Jushen Logistics Group Co., Ltd. is issuing convertible bonds to unspecified investors, with the underwriting and sponsorship provided by Guolian Minsheng Securities Co., Ltd. The issuance aims to enhance the company's capital structure and support its logistics and warehousing operations. Group 1: Issuer Information - The issuer, Jushen Logistics Group Co., Ltd., was established on November 10, 2011, and is listed on the Shenzhen Stock Exchange under the stock code 001202 since April 29, 2021 [3][5]. - The registered capital of the company is 166.69 million RMB [5]. - The company focuses on modern logistics, specializing in bulk commodity logistics and warehousing services [6][7]. Group 2: Business Operations - Jushen Logistics provides multi-modal transportation services, integrating road, rail, and waterway logistics to meet customer demands efficiently [6]. - The company has developed a proprietary logistics platform, Jushen Smart Transport, to enhance transportation efficiency and reduce costs for both shippers and carriers [6]. - The warehousing services cover a wide range of bulk commodities, including aluminum ingots, copper, and industrial silicon, among others [7][8]. Group 3: Financial Data - As of March 31, 2025, the total assets of Jushen Logistics amounted to 15.13 billion RMB, with total liabilities of 7.51 billion RMB [10][11]. - The company reported total revenue of 25.96 million RMB for the first quarter of 2025, with total costs amounting to 25.38 million RMB [12]. - The net profit for the first quarter of 2025 was recorded at -0.30 million RMB, indicating a loss compared to previous years [12][13].

Group 1 - The company held its ninth board meeting on July 31, 2025, to discuss the issuance of convertible bonds [2][4][5] - The board approved several proposals related to the issuance of convertible bonds, including the revised plan and feasibility analysis [6][10][12] - The total amount to be raised through the issuance of convertible bonds has been adjusted from RMB 112,622 million to RMB 95,600 million [19][20] Group 2 - The funds raised will be used for projects including a 40,000-ton new energy copper-based electromagnetic wire project and a new energy vehicle flat wire industrialization project [31][33] - The company has a strong market position in the special electromagnetic wire industry, with a history of over 30 years and a leading role in domestic production [32][36] - The company has established a robust technical and sales team, ensuring the successful implementation of the fundraising projects [35][36] Group 3 - The company plans to implement measures to mitigate the dilution of immediate returns for shareholders, including maintaining business growth and enhancing profitability [37][38] - A rigorous management system for the raised funds will be established to ensure their effective and compliant use [39] - The company has committed to improving its governance structure to support sustainable development and protect shareholder rights [40][41]

Group 1 - The company has decided not to exercise the early redemption rights for the "Microchip Convertible Bonds" despite meeting the conditions for conditional redemption [2][8][9] - The stock price of the company met the requirement of being at least 130% of the current conversion price (32.838 CNY/share) for at least 15 out of 30 trading days from July 11 to July 31, 2025, triggering the conditional redemption clause [2][7] - The board of directors held a meeting on July 31, 2025, to review and approve the decision not to redeem the bonds early, citing confidence in the company's sustainable development and intrinsic value [8][9][10] Group 2 - The company issued 5 million convertible bonds with a total amount of 500 million CNY, which are set to mature in six years from July 5, 2022, to July 4, 2028 [3][4] - The initial conversion price was set at 25.36 CNY/share, which was adjusted to 25.26 CNY/share on June 4, 2024, due to share buybacks and reductions in total share capital [4] - The redemption terms state that the company can redeem the bonds at 115% of the face value after maturity or under certain conditions during the conversion period [5][6]

证券代码：002913 证券简称：奥士康 奥士康科技股份有限公司 向不特定对象发行可转换公司债券 释 义 本预案中，除非文义另有所指，下列简称特指如下含义： 释义项 指 释义内容 发行人、公司、 指 奥士康科技股份有限公司 预案 二〇二五年七月 声 明 一、公司及董事会全体成员保证本预案内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏。 二、本次向不特定对象发行可转换公司债券完成后，发行人经营与收益的变 化，由公司自行负责；因本次向不特定对象发行可转换公司债券引致的投资风险， 由投资者自行负责。 三、本预案是公司董事会对本次向不特定对象发行可转换公司债券的说明， 任何与之相反的声明均属不实陈述。 四、投资者如有任何疑问，应咨询自己的股票经纪人、律师、专业会计师或 其他专业顾问。 五、本预案所述事项并不代表审批机关对于本次向不特定对象发行可转换公 司债券相关事项的实质性判断、确认、批准、核准或注册，本预案所述本次向不 特定对象发行可转换公司债券相关事项的生效和完成尚待公司股东会审议及深 圳证券交易所发行上市审核并经中国证券监督管理委员会同意注册。 奥士康 印制电路板（Printed Circu ...

Core Viewpoint - The company plans to issue convertible bonds to unspecified investors, which may dilute immediate returns but includes measures to compensate for this dilution [1][5][11]. Group 1: Impact on Financial Metrics - The issuance of convertible bonds is expected to affect key financial indicators, with scenarios predicting net profit for 2025 to remain stable or grow by 20% compared to 2024 [2][3]. - The total share capital will increase from 317,360,504 shares to 342,754,105 shares upon full conversion of the bonds [3]. - Basic earnings per share (EPS) are projected to decrease slightly from 1.11 to 1.09 in 2026 under certain scenarios [4]. Group 2: Use of Proceeds - The company aims to raise up to RMB 1 billion through this bond issuance, with funds allocated to projects that expand existing operations in high-precision printed circuit boards (PCBs) [6][8]. - The investment projects are aligned with the company's strategic goals and are expected to enhance competitiveness and profitability [6][7]. Group 3: Measures to Mitigate Dilution - The company will implement various measures to enhance operational efficiency and protect shareholder interests, including strict management of raised funds and improving internal controls [10][11]. - A commitment from major stakeholders, including the controlling shareholder and management, to not interfere with company operations and to ensure fair treatment of investors has been made [11][12]. Group 4: Market Position and Customer Base - The company has established a strong market presence with a diverse customer base across various industries, including automotive electronics and data centers, which supports the feasibility of the investment projects [7][8]. - The company has a solid technical foundation and a skilled workforce to support the execution of the proposed projects [7][8].

Core Viewpoint - The report provides an assurance regarding Wuhu Berteli Automotive Safety Systems Co., Ltd.'s pre-investment of self-raised funds into fundraising projects and payment of issuance expenses, confirming compliance with relevant regulations and reflecting the company's financial activities accurately [1][3]. Group 1: Fundraising Overview - The company has publicly issued 28,020,000 convertible bonds with a face value of RMB 100 each, raising a total of RMB 2,789,650,905.40 after deducting issuance costs [4]. - The total amount intended for investment projects from the fundraising is capped at RMB 280,200.00 million, with adjustments possible based on actual fundraising outcomes [5]. Group 2: Pre-Investment and Expenses - As of July 29, 2025, the actual amount of self-raised funds pre-invested into the projects is RMB 716,621,327.31 [6]. - The total issuance expenses incurred by the company amount to RMB 12,349,094.60, with a portion covered by self-raised funds [6][7].

一、董事会会议召开情况 定。 铜陵精达特种电磁线股份有限公司 第九届董事会第四次会议决议公告 本公司董事会及全体董事保证本公司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。 证券代码：600577 证券简称：精达股份 公告编号：2025-039 债券代码：110074 债券简称：精达转债 二、董事会会议审议情况 的议案》。 公司召开第九届董事会独立董事第一次专门会议对本议案发表了同意的独立 意见。 具体内容详见公司于 2025 年 8 月 1 日刊登于上海证券交易所网站的《精达股 份 2023 年度向不特定对象发行可转换公司债券预案（修订稿）》。 行性分析报告（修订稿）的议案》 同意 9 票，反对 0 票，弃权 0 票，审议通过。 公司召开第九届董事会独立董事第一次专门会议对本议案发表了同意的独立 意见。 具体内容详见公司于 2025 年 8 月 1 日刊登于上海证券交易所网站的《精达股 份关于调整向不特定对象发行可转换公司债券方案及相关文件修订情况说明的公 告》。 报告（修订稿）的议案》 同意 9 票，反对 0 票，弃权 0 票，审议通过。 公司召开第 ...

Group 1 - The company Aoshikan (002913.SZ) has disclosed a plan to issue convertible bonds to unspecified objects, with a total issuance amount not exceeding 1 billion yuan [1] - The initial conversion price will not be lower than the average trading price of the company's A-shares over the twenty trading days prior to the announcement of the fundraising prospectus and the average trading price on the previous trading day [1] - The funds raised from this issuance, after deducting issuance costs, will be fully utilized for high-end printed circuit board projects [1]