Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to a cash dividend distribution, reducing the price from 10.96 CNY per share to 10.91 CNY per share, effective from July 17, 2025 [3][4]. Group 1: Announcement Details - The company has issued 1 billion CNY of convertible bonds, which will be traded on the Shenzhen Stock Exchange starting January 16, 2024 [1]. - The adjustment formula for the conversion price is specified, taking into account various corporate actions such as stock dividends, capital increases, and cash dividends [1][2]. - The cash dividend distribution is set at 0.5 CNY per 10 shares, with no stock dividends or capital increases planned [3][4]. Group 2: Conversion Price Adjustment - The previous conversion price was 10.96 CNY per share, which will be adjusted to 10.91 CNY per share due to the cash dividend [3][4]. - The adjustment will take effect on July 17, 2025, coinciding with the ex-dividend date [4]. - The company will publish announcements regarding any future adjustments to the conversion price in accordance with relevant regulations [2].

Group 1 - The company has approved the 2024 annual profit distribution plan, proposing a cash dividend of 0.50 RMB per 10 shares, totaling approximately 54.09 million RMB [1][2] - The total share capital used for the distribution has been updated to 1,081,784,396 shares, reflecting a slight increase from the previous figure [2] - The dividend distribution will be adjusted based on the latest share capital before implementation, maintaining the distribution ratio [2] Group 2 - The record date for the dividend distribution is set for July 16, 2025, with the ex-dividend date on July 17, 2025 [3] - The distribution will be made directly to shareholders' accounts through their securities companies during the application period from July 9 to July 16, 2025 [3] - Following the dividend distribution, the conversion price of the company's convertible bonds will be adjusted from 10.96 RMB to 10.91 RMB per share, effective from July 17, 2025 [3]

据包钢股份披露，白云鄂博矿稀土储量折氧化物3500万吨，占国内稀土储量的81%，而目前 北方稀土是公司稀土精矿产品的唯一客户。 财联社整理了自2023年二季度以来，北方稀土每个季度采购包钢股份稀土精矿日常关联交易 的价格： 今日，包钢股份与北方稀土双双发布公告，宣布上调2025年第三季度稀土精矿关联交易价 格。 包钢股份公告称，根据公司2022年年度股东大会审议通过的稀土精矿价格调整机制及计算公 式，公司拟将2025年第三季度稀土精矿关联交易价格调整为不含税19109元/吨（干量， REO=50%），REO每增减1%、不含税价格增减382.18元/吨。 与此同时，北方稀土也发布公告称，根据稀土精矿定价方法及2025年第二季度稀土氧化物价 格，经测算并经公司2025年第11次总经理办公会审议通过，2025年第三季度稀土精矿交易价 格调整为不含税19109元/吨（干量，REO=50%），REO每增减1%、不含税价格增减 382.18元/吨。 根据此前公告，上述两家公司将2025年第二季度稀土精矿交易价格调整为不含税18825元/ 吨。据此估算， 此次价格环比上涨1.51%。 值得一提的是，北方稀土与包钢股份的精矿 ...

Group 1 - The company announced an adjustment to the conversion price of its convertible bonds due to a cash dividend distribution of RMB 1.70 per 10 shares, totaling RMB 263.81 million [1][2][5] - The adjusted conversion price for the "Shanlu Convertible Bonds" will be approximately RMB 7.64 per share, effective from July 17, 2025 [5] - The total number of shares after the buyback will be adjusted from 1,560,998,425 shares to 1,552,439,109 shares, with the dividend distribution based on the remaining shares [4][3] Group 2 - The company will not issue bonus shares or increase capital from reserves for the 2024 fiscal year [2][4] - The conversion period for the "Shanlu Convertible Bonds" is from October 9, 2023, to March 23, 2029 [5]

Core Points - The company announced an adjustment to the conversion price of its convertible bonds due to the distribution of cash dividends to shareholders [1][2][3] - The adjustment is in accordance with the provisions outlined in the company's prospectus regarding the conversion price adjustments [1][4] Summary by Sections 1. Basis for Conversion Price Adjustment - The conversion price of the "Julong Convertible Bonds" will be adjusted based on the issuance of stock dividends, capital increases, new share issuances, and cash dividends [1][2] - The adjustment formula for the conversion price is specified in the prospectus, ensuring that the price reflects any changes in shareholder equity [2][4] 2. Conversion Price Adjustment Details - The adjustment formula for the conversion price is as follows: - For stock dividends or capital increases: P1 = P0 ÷ (1+n) - For new share issuances or rights issues: P1 = (P0 + A × k) ÷ (1+k) - For cash dividends: P1 = P0 - D - If multiple actions occur simultaneously, a combined formula is used [2][3][4] - The adjusted conversion price is calculated based on the previous conversion price of 18.02 yuan per share and the cash dividend of 2.464092 yuan per share [3] 3. Effective Date of Adjustment - The adjusted conversion price will take effect on July 18, 2025, which is the ex-dividend date [3]

Core Points - The company announced an adjustment to the conversion price of its convertible bonds "长汽转债" from 39.61 CNY/share to 39.16 CNY/share, effective from July 16, 2025 [1][10] - The adjustment is due to the distribution of cash dividends of 0.45 CNY/share and the impact of stock options exercised and restricted stock repurchased [5][10] - The convertible bonds will be suspended from conversion from July 9, 2025, to July 15, 2025, and will resume conversion on July 16, 2025 [1][10] Summary of Related Regulations - The adjustment of the conversion price is governed by the company's prospectus, which outlines the formulas for adjusting the conversion price based on stock dividends, capital increases, and cash dividends [2][3] - The company will publish announcements regarding the adjustment of the conversion price on the Shanghai Stock Exchange and other designated media [3] Details of the Adjustment - The initial conversion price was set at 38.39 CNY/share when the bonds were issued on June 10, 2021, with a total issuance of 3.5 million bonds, amounting to 3.5 billion CNY [1] - The adjustment formula used for the conversion price is P1 = (P0 - D + A × k) / (1 + k), where P0 is the initial conversion price, D is the cash dividend per share, k is the rate of new shares issued, and A is the price of the new shares [10] - The company’s total share capital for the dividend distribution was adjusted to exclude shares held in the repurchase account, which did not participate in the profit distribution [9]

Core Viewpoint - The announcement details the adjustment of the conversion price for the company's convertible bonds following the 2024 annual profit distribution plan, which includes a cash dividend for common shareholders [1][2][3] Group 1: Securities Information - The convertible bond "浦发转债" will have its conversion price adjusted from RMB 12.92 per share to RMB 12.51 per share [2][3] - The adjustment will take effect on July 16, 2025, after the dividend distribution [2][3] Group 2: Dividend Distribution - The company will distribute a cash dividend of RMB 0.41 per share (including tax) to all common shareholders [2][3] - The record date for the dividend distribution is set for July 15, 2025, with the ex-dividend date on July 16, 2025 [2][3] Group 3: Adjustment Formula - The conversion price adjustment is based on the formula: P1 = P0 - D, where P0 is the previous conversion price, D is the cash dividend per share, and P1 is the adjusted conversion price [3] - The adjustment follows the regulations outlined in the company's convertible bond prospectus [3]

Key Points - The company has adjusted the maximum repurchase price from RMB 101.87 per share to RMB 70.03 per share, effective from July 10, 2025 [1][2] - The total amount for the repurchase will be no less than RMB 10 million and no more than RMB 20 million [3][4] - The repurchase shares will be used for equity incentives at an appropriate time in the future [1] - The adjustment in the repurchase price is due to the implementation of the 2024 annual profit distribution, which includes a cash dividend of RMB 6.00 per 10 shares and a capital reserve increase of 4.5 shares for every 10 shares [2] - The adjusted maximum repurchase price calculation considers the cash dividend and the change in circulating shares [2] - The estimated number of shares to be repurchased ranges from approximately 142,796 to 285,591 shares, accounting for about 0.09% to 0.17% of the total share capital after the distribution [4] - Other aspects of the share repurchase remain unchanged, and the company will comply with relevant regulations during the repurchase period [4]

证券代码：300933 证券简称：中辰股份 公告编号：2025-037 债券代码：123147 债券简称：中辰转债 中辰电缆股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 一、关于可转换公司债券转股价格调整的相关规定 经中国证券监督管理委员会"证监许可〔2022〕678 号"同意注册，中辰 电缆股份有限公司（以下简称"公司"）于 2022 年 5 月 31 日向不特定对象发 行了 570.5370 万张可转换公司债券，每张面值 100 元，发行总额 57,053.70 万 元。经深圳证券交易所同意，公司本次可转换公司债券于 2022 年 6 月 21 日起 在深圳证券交易所挂牌交易，债券代码为"123147"，债券简称"中辰转 债"。 根据《中辰电缆股份有限公司创业板向不特定对象发行可转换公司债券募 集说明书》（以下简称"募集说明书"）的相关条款：在本次发行之后，当公 司发生送红股、转增股本、增发新股（不包括因本次发行的可转换公司债券转 股而增加的股本）、配股以及派发现金股利等情况时，公司将按上述条件出现 的先后顺序，依次对转股价格进 ...

Core Viewpoint - The article discusses the recent price trends and market dynamics of polysilicon, highlighting a significant price increase due to operational losses and inventory clearance efforts by polysilicon manufacturers [1][2]. Price Trends - The transaction price range for n-type polysilicon is between 34,000 to 38,000 CNY per ton, with an average transaction price of 37,100 CNY per ton, reflecting a week-on-week increase of 6.92% [1]. - The transaction price range for n-type granular silicon is between 34,000 to 37,000 CNY per ton, with an average transaction price of 35,600 CNY per ton, showing a week-on-week increase of 6.27% [1]. - The price of silicon materials continues to rise, with quotes now ranging from 45,000 to 50,000 CNY per ton, marking a substantial increase of 25%-35% in polysilicon prices [1]. Market Dynamics - Despite the price increase, new order volumes remain limited as wafer manufacturers adopt a wait-and-see approach due to unstable downstream market prices [1]. - There is a notable contrast between the strong willingness to expedite previously signed orders and the previous trend of frequent order cancellations, indicating a stabilization in the polysilicon market [1]. Future Expectations - Currently, there are nine domestic polysilicon manufacturers, and the cost structure varies due to geographical and resource differences, leading to price differentiation [2]. - In a limited downstream demand environment, products with lower prices and similar quality will be prioritized for transactions, putting higher-cost manufacturers at a disadvantage [2]. - The ongoing "anti-involution" initiative serves as a test of comprehensive cost strength among companies, with increasing pressure for passive adjustments in energy conservation and green low-carbon practices [2]. - The polysilicon market is expected to remain cautious in the short term, with prices potentially experiencing slight increases influenced by market expectations until a substantial improvement in supply-demand relationships occurs [2].