Core Viewpoint - CGN Power Co., Ltd. is issuing A-share convertible bonds totaling RMB 490 million, with the aim of raising funds for its operations and projects [2][6][18]. Overview - The convertible bond is named "Guangke Convertible Bond" with the code 127110 [2]. - The total issuance amount is RMB 490 million, equivalent to 49 million bonds, each with a face value of RMB 100 [6][18]. - The bonds will be listed on the Shenzhen Stock Exchange on July 25, 2025 [2][6]. - The duration of the bonds is from July 9, 2025, to July 8, 2031 [2][6]. - The conversion period for the bonds starts on January 15, 2026, and ends on July 8, 2031 [2][6]. Company Profile - CGN Power Co., Ltd. is primarily engaged in the construction, operation, and management of nuclear power plants, as well as the sale of electricity generated from these plants [10]. - The company was established on March 25, 2014, and is headquartered in Shenzhen, Guangdong Province [8]. - As of December 31, 2024, the company has a registered capital of RMB 5,049,861.11 million [9]. Financial Performance - As of December 31, 2024, CGN Power's total assets amounted to RMB 31,798 million, with a net profit of RMB 2,421.81 million [10][11]. - The company managed to increase its power generation capacity, with a total generation of 2,421.81 billion kWh in 2024, up from 2,282.90 billion kWh in 2023 [10][11]. Shareholder Structure - The largest shareholder, China General Nuclear Power Group, holds approximately 58.89% of the company's shares [9][10]. - The company has a total of 50,498,611,100 shares outstanding, with no shares held in treasury [9][19]. Bond Issuance Details - The bonds will be offered to existing A-share shareholders on a priority basis, with any remaining bonds available to the public [12][18]. - The underwriting of the bonds is managed by Huatai United Securities Co., Ltd. [12][14]. - The bonds are rated AAA by China Chengxin International Credit Rating Co., Ltd. [5][12].

Core Points - Guangdong Liyang Chip Testing Co., Ltd. has been approved to issue convertible bonds totaling 520,000 units, each with a face value of RMB 100, raising a total of RMB 52 million [2][4] - The bonds have a maturity period of 6 years, from July 2, 2024, to July 1, 2030 [7] - The initial conversion price for the bonds is set at RMB 16.13 per share, subject to adjustments based on various corporate actions [18] Summary by Sections Approval and Issuance - The issuance of convertible bonds has been approved by the China Securities Regulatory Commission, allowing the company to raise funds through the issuance of 520,000 convertible bonds [2] - The total amount raised from this issuance is RMB 52 million, with each bond having a face value of RMB 100 [4] Bond Characteristics - The bonds are classified as convertible corporate bonds, with a total issuance amount of RMB 52 million [4][3] - The bonds will pay interest annually, with rates starting at 0.2% in the first year and increasing to 1.5% by the fourth year [7] Conversion and Adjustment Mechanism - The conversion period for the bonds begins six months after issuance and lasts until maturity [8] - The conversion price can be adjusted based on corporate actions such as stock dividends, capital increases, and cash dividends [9][18] - The adjusted conversion price is calculated using specific formulas to ensure fair treatment of bondholders [9][18] Redemption and Buyback Provisions - The company has the right to redeem the bonds at face value plus accrued interest under certain conditions, such as if the stock price exceeds 130% of the conversion price for a specified period [12][14] - 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 [14][15] Credit Rating and Management - The bonds are not secured by any collateral, and the credit rating is provided by China Chengxin International Credit Rating Co., Ltd. [15] - The bond management is overseen by GF Securities Co., Ltd., which will monitor the company's compliance with bondholder interests [18]

Group 1 - The company is holding its second extraordinary general meeting of shareholders in 2025 to discuss various proposals, including the election of a new board member and the issuance of convertible bonds [1][3][7] - Zhang Hailong has been nominated as a candidate for the eighth board of directors, with a background in engineering and extensive experience within the company [1][2] - The company confirms its compliance with legal requirements for issuing convertible bonds, including adherence to the Company Law and Securities Law [4][5][6] Group 2 - The proposed issuance of convertible bonds aims to meet the company's funding needs, expand operations, and enhance overall competitiveness [7][10] - The company has conducted a feasibility analysis for the use of funds raised from the bond issuance, confirming its alignment with national industrial policies and the company's strategic direction [10][11] - A report on the previous use of raised funds has been prepared and verified, ensuring transparency and compliance with regulatory requirements [11][12] Group 3 - The company plans to establish rules for the meetings of convertible bondholders to ensure proper governance and protection of their rights [14] - Measures to mitigate the dilution of immediate returns for existing shareholders due to the bond issuance have been proposed, along with commitments from relevant parties to uphold these measures [15][19] - A three-year shareholder return plan (2025-2027) has been developed to enhance profit distribution transparency and ensure investors benefit from the company's growth [18][19]

Core Points - The company will pay the fifth-year interest on the "Huayang Convertible Bonds" on July 30, 2025, at a rate of 20.00 CNY per 10 bonds, which corresponds to a face value of 1,000 CNY [1][5] - The interest rates for the bonds are set at 1.5% for the first year, 2.0% for the fifth year, and 3.0% for the sixth year [1][5] - The total issuance of the convertible bonds was 4.5 million bonds, with a total amount of 450 million CNY, and a maturity period of 6 years [1][5] Convertible Bond Details - The bonds will have an annual interest payment structure, with interest calculated based on the face value held by the bondholders [2] - The interest payment date is set for the anniversary of the bond issuance date each year, with the first payment starting from the issuance date [2][3] - The bondholders must bear the tax on the interest income, with a withholding tax rate of 20% for individual investors [5][6] Payment and Taxation - The payment of interest will be managed by China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, which will distribute the funds to the designated accounts of the bondholders [6] - Non-resident bondholders, including QFII and RQFII, are exempt from corporate income tax on the interest income until December 31, 2025 [7] - Other bondholders are responsible for self-paying the interest income tax [7]

证券代码：301297 证券简称：富乐德 上市地点：深圳证券交易所 安徽富乐德科技发展股份有限公司 关于 发行股份、可转换公司债券购买资产并募集配套资金 暨关联交易 之 可转换公司债券发行结果暨登记完成的公告 独立财务顾问 二〇二五年七月 上市公司声明 本公司及全体董事、监事、高级管理人员保证本公告书内容的真实、准 确、完整，并对本公告书的虚假记载、误导性陈述或重大遗漏负个别及连带责 任。 本公司全体董事、监事、高级管理人员承诺："如因提供的信息和文件存在 虚假记载、误导性陈述或者重大遗漏，给上市公司或者投资者造成损失的，将 依法承担个别和连带的法律责任。" 本次交易完成后，本公司经营与收益的变化，由本公司自行负责；因本次 交易引致的投资风险，由投资者自行负责。投资者若对本公告书存在任何疑 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。 本公司提醒投资者注意：本公告书的目的仅为向公众提供有关本次交易的 实施情况，投资者如欲了解更多信息，请仔细阅读《安徽富乐德科技发展股份 有限公司发行股份、可转换公司债券购买资产并募集配套资金暨关联交易报告 书（草案）（注册稿）》全文及其他相关文件，该等文件已刊载 ...

Core Points - Zhejiang Xinneng Photovoltaic Technology Co., Ltd. is convening the first bondholders' meeting for its convertible bonds on August 6, 2025 [1][3] - The company issued 8.80 billion yuan worth of convertible bonds on October 26, 2023, with a maturity of six years and a tiered interest rate structure [2][3] - The meeting will discuss proposals to change certain fundraising investment sub-projects and amend the bondholders' meeting rules [3][4] Meeting Details - The meeting will be held at the company's headquarters in Haining, Zhejiang Province, starting at 9:30 AM [3] - Bondholders must register by 5:00 PM on August 5, 2025, to participate in the meeting [4][5] - Voting will be conducted through a combination of on-site and remote methods, with each bond representing one vote [6][7] Voting Procedures - Bondholders can vote in person or via remote methods, but cannot vote twice [6] - A quorum of more than half of the bondholders with voting rights is required for the meeting to be valid [7] - Resolutions passed at the meeting will be legally binding on all bondholders, including those who do not attend [7]

Core Viewpoint - Zhejiang Meili High Technology Co., Ltd. is issuing convertible bonds to raise up to RMB 300 million to support its business expansion and enhance its market competitiveness in the automotive parts industry, particularly in high-end spring products and precision injection molding [13][16]. Company Overview - Zhejiang Meili High Technology Co., Ltd. was established on May 16, 2002, with a registered capital of RMB 2,110.7468 million. The company focuses on the research, production, and sales of high-end spring products and precision injection parts, primarily serving the automotive industry [13][14]. - The company has experienced significant growth, with revenue increasing from RMB 1.087 billion to RMB 1.604 billion over the past three years, representing a growth rate of 21.44% [13][15]. Purpose of the Bond Issuance - The issuance of convertible bonds aligns with national development strategies and industry trends, aiming to optimize business layout and maintain competitive advantages [16]. - The funds raised will be used for projects that enhance production capacity and operational efficiency, particularly in response to the growing demand in the automotive sector [16][18]. Financial Performance and Dividend Policy - The company has a proactive profit distribution policy, prioritizing cash dividends. In recent years, it has distributed cash dividends totaling RMB 41.69 million, exceeding its average annual distributable profit of RMB 36.58 million by 113.96% [5][7]. - The company aims to maintain a minimum cash dividend of 20% of the distributable profit when conditions allow [4][5]. Risk Factors - The convertible bonds are rated AA- by Shanghai New Century, indicating a stable outlook. However, the bonds are unsecured, which may increase repayment risks if the company's operational performance deteriorates [8][9]. - The company faces potential risks related to market fluctuations, operational management, and the timely realization of project benefits, which could impact its financial stability and ability to meet bond obligations [8][9][10].

Core Viewpoint - Zhejiang Meili Technology Co., Ltd. is issuing convertible bonds to unspecified objects, with legal opinions provided by Beijing Deheng Law Firm, confirming the legality and compliance of the issuance process [1][3][5]. Group 1: Legal Framework and Compliance - The issuance of convertible bonds is governed by relevant laws including the Company Law and Securities Law, and the legal opinions are based on thorough due diligence and compliance with regulatory requirements [3][7][11]. - The board of directors and shareholders' meeting have legally approved the issuance, and the procedures followed are in accordance with national laws and the company's articles of association [8][10][11]. Group 2: Financial Performance and Use of Proceeds - The company reported net profits of -37.63 million yuan, 40.70 million yuan, and 106.69 million yuan for the years 2022, 2023, and 2024 respectively, indicating a positive trend in profitability [13]. - The funds raised from the bond issuance, estimated at 300 million yuan, will be used for industrial projects including the production of 2 million smart suspensions and 10 million electric and hydraulic drive elastic components, as well as for working capital [14][21]. Group 3: Corporate Structure and Governance - The company is a legally established and operational joint-stock company, with its stock publicly traded on the Shenzhen Stock Exchange since February 20, 2017 [9][10]. - The governance structure includes a board of directors, supervisory board, and various committees, ensuring compliance with the Securities Law and effective operational management [12][18]. Group 4: Independence and Related Transactions - The company maintains operational independence from its controlling shareholders and does not engage in any significant related party transactions that could harm shareholder interests [23][27]. - Measures have been taken to avoid any potential conflicts of interest or competition with related parties, ensuring transparency and fairness in operations [27].

Core Viewpoint - Ningbo Jintian Copper Industry (Group) Co., Ltd. announced the interest payment details for its convertible bond "Jintong Convertible Bond" which will start paying interest on July 28, 2025, for the period from July 28, 2024, to July 27, 2025 [2][11]. Summary by Sections Bond Basic Information - Bond Name: Ningbo Jintian Copper Industry (Group) Co., Ltd. Convertible Corporate Bond [3] - Bond Code: 113068 [3] - Issuance Scale: RMB 1,450 million (14.5 million bonds) [3] - Face Value and Issuance Price: Each bond has a face value of RMB 100 and is issued at face value [3]. - Bond Term: 6 years from July 28, 2023, to July 27, 2029 [3]. - Interest Rates: 0.20% for the first year, 0.40% for the second year, 0.60% for the third year, 1.50% for the fourth year, 1.80% for the fifth year, and 2.00% for the sixth year [3]. Interest Payment Details - Interest Payment Method: Annual interest payment with the principal and last year's interest returned at maturity [4]. - Interest Calculation: Annual interest is calculated based on the bondholder's total face value of the bonds held multiplied by the applicable interest rate for that year [5]. - Payment Dates: - Interest Record Date: July 25, 2025 [11] - Ex-Dividend Date: July 28, 2025 [11] - Interest Payment Date: July 28, 2025 [11]. Conversion Information - Conversion Period: From February 5, 2024, to July 27, 2029 [10]. - Initial Conversion Price: RMB 6.75 per share [7]. - Adjusted Conversion Price: As of the latest announcement, the conversion price is RMB 5.79 per share [9]. Credit Rating - Company Credit Rating: "AA+" [10]. - Bond Rating: "AA+" with a stable outlook [10]. Other Relevant Information - Listing Date: August 28, 2023, on the Shanghai Stock Exchange [10]. - Underwriter: Dongfang Securities Co., Ltd. [10].

Core Points - The company, Hangzhou Oxygen Plant Group Co., Ltd., has received approval from the China Securities Regulatory Commission to publicly issue convertible bonds totaling 1.137 billion yuan with a term of six years [1][2][3] - The initial conversion price for the bonds is set at 28.69 yuan per share, which may be adjusted based on specific corporate actions such as stock dividends or capital increases [4][5][6] - The bonds will pay interest annually, with the first-year interest rate at 0.20% and the second-year rate at 0.40% [3][4] Bond Issuance Details - The total amount of the convertible bonds issued is 1.137 billion yuan, with each bond having a face value of 100 yuan [2][3] - The bonds will be issued on May 19, 2022, and will have a maturity period of six years [3] - Interest will be paid once a year, with the first payment occurring one year after the issuance date [4] Conversion and Redemption Terms - The conversion period for the bonds starts six months after issuance and lasts until the maturity date [4][5] - The company has the right to redeem the bonds at 108% of the face value plus the last interest payment within five business days after maturity [9] - Holders of the bonds can sell them back to the company at face value plus accrued interest if the stock price falls below 70% of the conversion price during the last two interest years [10][11] Use of Proceeds - The proceeds from the bond issuance will be used for specific projects, with a total investment of 1.38377 billion yuan, of which 1.137 billion yuan will be funded by the bond issuance [12][16] - Any shortfall in funding will be covered by the company through self-raised funds [12] Impact of Stock Buyback - The company plans to repurchase and cancel 5,539,375 shares of restricted stock due to unmet performance targets, which will affect the conversion price of the bonds [15][17] - The adjusted conversion price after the stock buyback will be 26.07 yuan per share, effective from July 21, 2025 [18][19]