证券日报网讯 12月22日，芳源股份在互动平台回答投资者提问时表示，公司目前资信状况良好，与多 家商业银行保持着良好的合作关系，未发生抽贷、断贷导致的资金链风险情形。公司将积极通过提升产 品质量、完善供应链管理及深化客户合作等方式，不断增强公司各类产品在市场中的综合竞争力，拓展 多元布局，提升自身盈利能力。公司与银行等金融机构保持紧密沟通，同时也将积极拓展多元化金融合 作场景，增加融资渠道，为公司业务拓展提供持续、稳定的资金支持。对于可转债，公司会持续加强与 投资者的沟通交流，并综合判断正股的股票价格、对正股股东的影响、公司经营情况、市场及行业情况 等多方面因素，适时下修转股价格以促进转股。 ...

颀中科技公告称，公司向不特定对象发行的8.50亿元"颀中转债"，于2025年11月21日起在沪市上市。其 转股期限自2026年5月7日（非交易日顺延）起至2031年11月2日。因公司为科创板上市公司，参与转股 的投资者需符合科创板股票投资者适当性管理要求，不符合者所持可转债不能转股，公司提示投资者关 注该风险及影响。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603097 证券简称：江苏华辰 公告编号：2025-063 债券代码：113695 债券简称：华辰转债 江苏华辰变压器股份有限公司 关于"华辰转债"开始转股的公告 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： ● 转股价格：23.53元/股 ● 转股期起止日期：2025年12月26日至2031年6月19日 一、可转债发行上市概况 经中国证券监督管理委员会《关于同意江苏华辰变压器股份有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〔2025〕988号），江苏华辰变压器股份有限公司（以下简称"公司"）本次向 不特定对象公开发行可转换公司债券4,600,000张，每张面值为人民币100.00元，发行总额为人民币 46,000.00万元 经上海证券交易所自律监管决定书〔2025〕155号文同意，公司发行的46,000.00万元可转换公司债券于 2025年7月10日在上海证券交易所挂牌交易，证券简称"华辰转债"，证券代码"113695"。 根据 ...

New Stock Issuance - New stock listing for Muxi Co., Ltd. at an issuance price of 104.66 CNY[1] Tender Offer Periods - Tender offer period for Quanyin High-Tech from December 4, 2025, to January 5, 2026[1] - Tender offer period for Tianpu Co., Ltd. from November 20, 2025, to December 19, 2025[1] Delisting and Trading Alerts - Guandao Co. is in the delisting arrangement period with 10 trading days remaining[1] - Suwu Co. is in the delisting arrangement period with 8 trading days remaining[1] Stock Price Fluctuations - Significant abnormal fluctuation reported for Guosheng Technology with a price of 0 CNY[1] - Abnormal fluctuation reported for *ST Yanzhen with a price of 81 CNY[3] - Abnormal fluctuation reported for Guangxi Broadcasting with a price of 61 CNY[3]

Core Viewpoint - A significant number of convertible bonds are approaching their last trading day, with over 10 bonds expected to reach this milestone in December, leading to potential price suppression and risks related to forced redemption for investors [1][2][4]. Group 1: Convertible Bonds Overview - Multiple convertible bonds are entering their last trading day, including Hongfa Convertible Bond, Mingdian Convertible Bond 02, and Guocheng Convertible Bond on December 8, followed by others like Ying 19 Convertible Bond and Ceihui Convertible Bond on December 9 [2]. - The increase in convertible bonds reaching their last trading day is notable, with over 10 bonds expected to be affected in December [2]. Group 2: Redemption and Trading Dynamics - Convertible bonds may experience price suppression as they approach their last trading day, with many showing declines; for instance, Guocheng Convertible Bond and Limin Convertible Bond have seen cumulative declines exceeding 10% in December [4]. - The average price change for the convertible bonds entering their last trading day in December is -0.12%, with a median change of -0.65%, underperforming the overall market represented by the Zhongzheng Convertible Bond Index, which rose by 0.48% during the same period [4]. Group 3: Forced Redemption Risks - Forced redemption remains a primary exit strategy for convertible bonds, allowing companies to alleviate the burden of interest and principal repayment by encouraging bondholders to convert their bonds into shares [4]. - Investors must be cautious, as failure to convert or sell their bonds before the designated deadline may result in forced redemption at a price significantly lower than the market value, leading to potential losses exceeding 40% for those who purchased at a high premium [5].

● 本报记者 吴杨 AMC再次出手增持银行股。光大银行近日披露的公告显示，中信金融资产再度增持该行A股及H股股 份，持股比例已升至9%。自2024年11月宣布以不超过40亿元增持光大银行股份的计划以来，中信金融 资产的增持动作持续落地。 此外，三季度以来，险资也持续加码银行板块。截至三季度末，险资持有银行股市值已超4000亿元。从 AMC基于财务增厚与战略协同的布局，到险资锚定"高股息+低波动"的配置需求，银行股正凭借多重优 势，成为中长期资金的"核心锚点"。 再度出手 光大银行2025年三季度报告显示，截至三季度末，中信金融资产持有该行A股和H股合计47.39亿股。同 期，光大银行总资产为7.2万亿元，较年初稳步增长。 事实上，这并非是中信金融资产对光大银行的首次增持。早在今年7月，中信金融资产就增持该行A股 股份2.64亿股，H股股份2.79亿股，推动持股比例从7.08%升至8%。 回溯来看，中信金融资产对光大银行的股权布局早有规划。2024年11月，中信金融资产发布关于进一步 推进投资配置议案的公告，明确提出拟在前期投资基础上加大配置力度，计划在未来12个月内，以不超 过40亿元增持光大银行股份。 中信 ...

Core Viewpoint - The announcement details the equity changes of Youge Investment, the controlling shareholder of Hongfa Technology Co., Ltd., which has reduced its shareholding from 27.67% to 26.94% due to share dilution from convertible bond conversions and capital increases [1][2][4]. Group 1: Shareholding Changes - Youge Investment reduced its shareholding by selling 2,395,230 shares through block trading from November 3, 2020, to November 19, 2025 [1][2]. - The total share capital of Hongfa Technology increased from 744,761,552 shares to 1,481,599,738 shares due to the conversion of "Hongfa Convertible Bonds" and capital increases [2][4]. Group 2: Convertible Bond Details - Hongfa Technology issued 20 million convertible bonds with a total value of 200,000 million yuan, with a maturity of 6 years and a coupon rate that increases over the years, starting from 0.3% in the first year to 2.0% in the sixth year [8][13]. - The initial conversion price was set at 72.28 yuan per share, which has been adjusted multiple times, with the latest conversion price being 22.72 yuan per share [9][10]. Group 3: Conditional Redemption of Convertible Bonds - The company has triggered the conditional redemption clause for the "Hongfa Convertible Bonds" as the stock price has been above 130% of the conversion price for 15 trading days [7][14]. - The board of directors has approved the early redemption of the bonds, which will be redeemed at face value plus accrued interest [15][17].

Core Viewpoint - Ningbo Jintian Copper Industry (Group) Co., Ltd. plans to change the source of shares for the "Jintian Convertible Bonds" from "newly issued shares" to "preferentially using repurchased shares for conversion, with any shortfall covered by newly issued shares" [2] Group 1: Convertible Bond Issuance Overview - The company publicly issued 1.5 million hands of convertible bonds with a total amount of 1.5 billion yuan on March 22, 2021 [3] - The bonds were listed on the Shanghai Stock Exchange on April 12, 2021, under the name "Jintian Convertible Bonds" with the code "113046" [3] Group 2: Conversion Price Adjustments - The initial conversion price was set at 10.95 yuan/share, adjusted to 10.75 yuan/share on June 23, 2021, and further adjusted to 10.64 yuan/share on June 15, 2022, and to 10.55 yuan/share on June 14, 2023 [4] - The current conversion price is 10.32 yuan/share, effective from June 13, 2025, following adjustments due to annual profit distributions [5][4] Group 3: Repurchase and Conversion Status - As of September 30, 2025, a total of 755,000 yuan of "Jintian Convertible Bonds" has been converted into company shares or repurchased, with 750,000 yuan converted and 5,000 yuan repurchased [7] - The company has repurchased 16,509,460 shares at an average price of 6.64 yuan/share, totaling approximately 109.68 million yuan [9] Group 4: Legal Procedures and Announcements - The company held a board meeting on November 19, 2024, to approve a share repurchase plan using special loans and self-owned funds, with a total repurchase amount between 100 million yuan and 200 million yuan [7] - The repurchase price cap was adjusted to not exceed 8.50 yuan/share effective from June 13, 2025, with an expected repurchase quantity of 11,764,706 to 23,529,411 shares [8]

证券日报网讯 11月20日晚间，南京银行发布公告称，近日，南京银行股份有限公司（以下简称"本公 司"）收到《江苏金融监管局关于南京银行股份有限公司变更注册资本的批复》（苏金复〔2025〕411 号），国家金融监督管理总局江苏监管局同意本公司注册资本因可转债转股由10，007，016，973元人 民币变更为12，363，567，245元人民币。本公司后续将及时办理工商变更登记等相关手续。 （文章来源：证券日报） ...

楚天科技公告，公司可转换公司债券转股导致总股本增加，控股股东长沙楚天投资集团有限公司持股比 例由35.96%被动稀释至34.62%，权益变动触及1%及5%整数倍。此次权益变动不涉及要约收购，不会导 致公司控股股东、实际控制人发生变化，不会影响公司控制权稳定性，不会对公司治理结构及持续经营 产生影响。 ...