Core Viewpoint - The announcement details the fourth-year interest payment for the "Jia Mei Convertible Bonds," which will be paid on August 11, 2025, with a total interest of RMB 15.00 per 10 bonds, including tax [1][2][4]. Group 1: Bond Issuance and Terms - Jia Mei Packaging issued 7,500,000 convertible bonds on August 9, 2021, with a total value of RMB 750 million and a maturity of 6 years [2]. - The annual interest rates for the bonds are set at 1.80% for the fifth year and 2.00% for the sixth year [2][3]. - The interest payment method is annual, with the first payment starting from the issuance date [3]. Group 2: Interest Payment Details - The interest payment date is August 11, 2025, and the record date for bondholders is August 8, 2025 [5]. - The interest for the bonds is calculated based on the formula: I = B × i, where I is the annual interest amount, B is the total face value held, and i is the annual coupon rate [2][3]. - The company will not pay interest to bondholders who convert their bonds into shares before the record date [3][4]. Group 3: Taxation and Payment Process - Individual bondholders are subject to a 20% personal income tax on the interest earned, which will be withheld by the payment agency [5][6]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax on the interest received [6]. - The payment of interest will be managed by China Securities Depository and Clearing Corporation Limited, which will distribute the funds to the designated securities firms [5].

Core Viewpoint - The company is planning to acquire control of Suzhou Anjie Xun Optoelectronics Technology Co., Ltd. through the issuance of shares and convertible bonds, along with cash payments, while raising matching funds for this transaction [1]. Group 1 - The company has applied for a trading suspension of its shares starting from July 29, 2025, due to uncertainties related to the transaction, with an expected resumption date no later than August 12, 2025 [2]. - The company is actively advancing the necessary approvals and review processes during the suspension period, ensuring compliance with relevant regulations [3]. - All information regarding the transaction will be disclosed through designated information media, and investors are advised to pay attention to subsequent announcements [3].

Meeting Overview - The second meeting of the second supervisory board of Jiangsu Weidao Nano Technology Co., Ltd. was held on August 1, 2025, with all three supervisors present, ensuring the legality and validity of the meeting [1][2]. Key Resolutions - The meeting approved the proposal for issuing convertible corporate bonds to unspecified objects, having received approval from the China Securities Regulatory Commission [1][3]. - The total amount of the proposed convertible bonds is RMB 1,170 million, with an issuance of 1,170,000 hands (11,700,000 pieces) [3][12]. - The bonds will have a face value of RMB 100 each and will be issued at par [3][12]. - The term of the bonds is six years, from August 6, 2025, to August 5, 2031 [3][12]. - The coupon rates are set at 0.20% for the first year, 0.40% for the second year, and will be determined for subsequent years [3][12]. Conversion and Redemption Terms - The initial conversion price is set at RMB 33.57 per share, based on the average trading price of the company's stock over the previous twenty trading days [5][6]. - The conversion period will start six months after the issuance and last until the maturity date [5][9]. - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for a specified period or if the unconverted bond balance is less than RMB 30 million [10][11]. Fund Management - The company will establish a special account for the funds raised from the bond issuance and sign a fund supervision agreement to ensure proper management and usage of the funds [15][16]. - The management team is authorized to handle all matters related to the issuance, including listing, trading, and interest payments [15][16]. Shareholder Rights - Shareholders will have priority in subscribing to the bonds based on their holdings as of the record date, with a maximum total of 1,170,000 hands available for priority subscription [13][14]. - The bonds will be listed on the Shanghai Stock Exchange after issuance [15][16].

Fundraising Plan - The company plans to raise a total of RMB 577.89 million through the issuance of convertible bonds, with the net proceeds intended for specific projects [1][3] - The primary project funded by this issuance is the production of precision MIM components for new consumer electronics and data servers, with a total investment of RMB 588.42 million [3][4] Project Details - The precision MIM component production project aims to enhance production capacity and meet the growing demand in the consumer electronics and data server sectors, particularly for products like foldable smartphones and wearable devices [4][5] - The project will utilize existing facilities and introduce advanced automated production and testing equipment to improve production capabilities [6][7] Market Opportunities - The consumer electronics and data server markets are experiencing rapid growth, creating significant opportunities for MIM companies, with a projected annual growth rate of 6.86% from 2024 to 2028 in the global MIM market [4][5] - The shift from plastic to metal components in data servers increases the demand for high-strength, precision MIM parts, further driving market opportunities [4][5] Financial Projections - The internal rate of return for the project is estimated at 16.20%, with a payback period of approximately 6.04 years, indicating favorable economic benefits [12] - The company anticipates that the successful implementation of these projects will enhance its profitability and market competitiveness [28] Organizational and Technical Support - The company has established a robust research and development platform, with a focus on continuous innovation in MIM technology, which supports the project’s implementation [10][11] - The company has a strong customer base and established relationships with leading brands in the consumer electronics sector, providing a solid foundation for capacity utilization [10][18] Strategic Importance - The fundraising and subsequent projects align with national industrial policies and the company's strategic development direction, aiming to optimize product structure and enhance financial strength [28] - The projects are expected to solidify the company's leading position in the industry and support sustainable development [28]

Core Viewpoint - Jiangsu Jingyan Technology Co., Ltd. plans to issue convertible bonds to unspecified investors, aiming to raise a total of up to RMB 577.89 million for investment in precision MIM components and assemblies for new consumer electronics and data servers [2][16]. Group 1: Issuance Overview - The type of securities to be issued is convertible bonds that can be converted into the company's A-shares, which will be listed on the Shenzhen Stock Exchange's Growth Enterprise Market [2]. - The bonds will have a face value of RMB 100 each and will be issued at face value [3]. - The term of the bonds will be six years from the date of issuance [3]. Group 2: Financial Details - The total amount to be raised from the issuance is capped at RMB 577.89 million, which includes the principal amount [2][16]. - The interest rate for the bonds will be determined by the board of directors based on national policies, market conditions, and the company's specific situation [3]. - The bonds will pay interest annually and will repay the principal in a lump sum at maturity [3][4]. Group 3: Conversion and Redemption Terms - The conversion period for the bonds will start six months after issuance and will last until the maturity date [5]. - The initial conversion price will not be lower than the average trading price of the company's stock over the 20 trading days prior to the announcement of the prospectus [5]. - The company reserves the right to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within any 30-day period [10]. Group 4: Use of Proceeds - The proceeds from the bond issuance will be primarily used for the new consumer electronics and data server precision MIM components and assemblies production project, with a total investment of RMB 588.42 million [16]. - If the actual funds raised are less than the planned amount, the company will use its own funds or other financing methods to cover the shortfall [16]. Group 5: Financial Performance - The company has undergone audits for its financial reports for the years 2022, 2023, and 2024, receiving unqualified opinions from the auditing firm [17]. - As of March 31, 2025, the company reported total assets of RMB 331.86 million, with current assets amounting to RMB 193.20 million [19].

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]