Group 1 - The company Guangzhou Jiacheng International Logistics Co., Ltd. issued convertible bonds totaling RMB 800 million, with a maturity of 6 years and a net fundraising amount of RMB 793.8213 million after deducting issuance costs [1][17]. - The bonds have a face value of RMB 100 each, with an annual interest rate that increases from 0.30% in the first year to 3.00% in the sixth year [2][3]. - The initial conversion price for the bonds is set at RMB 22.98 per share, with provisions for adjustments based on various corporate actions [4][5]. Group 2 - The company operates in the logistics industry, providing customized logistics solutions and comprehensive supply chain services, particularly for manufacturing and e-commerce clients [17]. - The company has a registered capital of RMB 345,211,243 and was established on October 24, 2000, with its headquarters located in Guangzhou [17]. - The company’s main business includes international freight forwarding, warehousing, and supply chain management services, catering to both domestic and international markets [17]. Group 3 - The bonds are listed on the Shanghai Stock Exchange under the code "113656" and are subject to specific terms regarding interest payments, conversion rights, and redemption options [1][10]. - The company has established a fundraising management system to ensure that the raised funds are used according to the planned projects, including the "Cross-border E-commerce Smart Logistics Center" and "Free Trade Port Cloud Intelligence International Distribution Center" [17]. - The company has received a credit rating of AA- for both its corporate and bond ratings, indicating a stable outlook [17].

Core Points - Zhejiang Yonggui Electric Co., Ltd. is issuing convertible bonds to unspecified investors, with a total issuance scale of RMB 980 million [3][4] - The bonds will have a maturity period of six years, from March 13, 2025, to March 12, 2031, with a tiered interest rate structure [4][5] - The initial conversion price for the bonds is set at RMB 18.29 per share, which has been adjusted to RMB 18.23 following a cash dividend distribution [8][9] Group 1: Bond Issuance Details - The bond issuance has been approved by the board and shareholders in multiple meetings held in 2023 and 2024 [2][3] - The bonds will be listed on the Shenzhen Stock Exchange after receiving approval from the China Securities Regulatory Commission [3] - The bonds will be issued in denominations of RMB 100 each, totaling 9.8 million bonds [3][4] Group 2: Interest and Payment Terms - The interest rates for the bonds will increase progressively from 0.20% in the first year to 2.30% in the sixth year [4][5] - Interest payments will be made annually, with the first payment occurring one year after the issuance date [5][6] - Holders of the bonds will not receive interest for the year if they convert their bonds into shares before the interest payment date [5][6] Group 3: Conversion and Adjustment Mechanism - The conversion period for the bonds will start six months after issuance and last until maturity [5][6] - The conversion price can be adjusted based on corporate actions such as stock dividends or cash distributions [7][8] - The adjusted conversion price of RMB 18.23 will take effect from June 4, 2025, following a cash dividend distribution [8][9] Group 4: Credit Rating and Management - The bonds have been rated AA- by China Chengxin International Credit Rating Co., Ltd. [6] - The bonds are not secured by any collateral [6] - Oriental Securities is acting as the sponsor, lead underwriter, and trustee for the bond issuance, ensuring the protection of bondholders' rights [2][9]

Group 1 - The company, Wuxi Autowei Technology Co., Ltd., has issued convertible bonds named "Aoweizhuan" with a total scale of RMB 1.14 billion [1][2] - The initial conversion price for the bonds was set at RMB 180.90 per share, which has undergone several adjustments due to stock dividends and capital increases [2][4] - The bond has a maturity period of six years, from August 10, 2023, to August 9, 2029, with an annual interest rate that increases progressively from 0.20% to 2.50% over the six years [1][2] Group 2 - The company has completed several rounds of stock incentive plans, which have led to adjustments in the conversion price of the bonds [5][7] - The conversion price was adjusted to RMB 124.65 per share following a capital increase plan, and further adjustments have been made due to subsequent stock incentives and cash dividends [4][8] - The latest adjustment brought the conversion price down to RMB 86.48 per share, effective from May 27, 2025, reflecting the company's ongoing capital management strategies [12][13] Group 3 - The company has received a credit rating of AA- from Zhongceng Pengyuan, indicating a stable outlook for its financial health [2] - The bonds are not secured by any collateral, which may influence investor perceptions regarding risk [2] - The company is committed to maintaining transparency and compliance with regulatory requirements, as evidenced by its detailed reporting on bond management and adjustments [1][14]

Summary of Key Points Core Viewpoint Shanghai Haoyuan Pharmaceutical Co., Ltd. has announced the issuance of convertible bonds, "Haoyuan Convertible Bonds," with a total amount of 82,235,000 RMB, which will be listed on the Shanghai Stock Exchange starting December 19, 2024. The bonds have a six-year term and specific terms for conversion into shares. Group 1: Issuance Details - The company will issue 8,223,500 convertible bonds, each with a face value of 100 RMB, totaling 82,235,000 RMB [1][3] - The bonds will be listed for trading on the Shanghai Stock Exchange under the code "118051" and the name "Haoyuan Convertible Bonds" starting December 19, 2024 [1] - The bond's term is six years, from November 28, 2024, to November 27, 2030 [1] Group 2: Conversion Terms - The coupon rates for the bonds are set to increase over the years, starting at 0.20% in the first year and reaching 2.00% in the sixth year [1] - The conversion period for the bonds will be from June 4, 2025, to November 27, 2030, with a current conversion price of 40.58 RMB per share [2][4] Group 3: Conversion Process - Holders can apply for conversion during the specified period on trading days, with the conversion process managed by the China Securities Depository and Clearing Corporation [2] - Newly converted shares will be listed for trading the day after the conversion application is approved [4] Group 4: Price Adjustment Mechanism - The initial conversion price was set at 40.73 RMB per share but has been adjusted to 40.58 RMB due to the company's stock incentive plan [5][6] - The conversion price may be adjusted based on various corporate actions, including stock dividends and capital increases [6][7] Group 5: Redemption and Sale Rights - The company has the right to redeem the bonds at 113% of the face value within five trading days after maturity if they remain unconverted [10] - Holders can sell back their bonds to the company if the stock price falls below 70% of the conversion price during the last two interest years [10][11] Group 6: Additional Information - Investors seeking more details can refer to the company's prospectus published on November 26, 2024, on the Shanghai Stock Exchange website [12]

Core Viewpoint - The report outlines the adjustment of the conversion price for the convertible bonds issued by Milkway Intelligent Supply Chain Service Group Co., Ltd., following the company's profit distribution plan for 2024, which involves a cash dividend of 7.1 yuan per 10 shares [15][16]. Group 1: Bond Issuance Overview - The total amount of convertible bonds approved for issuance is up to 872.39 million yuan, with 8,723,880 bonds issued at a face value of 100 yuan each, raising a net amount of 861.44 million yuan [4][5]. - The bonds have a term of 5 years, from September 16, 2022, to September 15, 2027, with an interest rate that increases from 0.3% in the first year to 2.0% in the fifth year [5][6]. Group 2: Conversion Price Adjustment - The initial conversion price was set at 134.55 yuan per share, which will be adjusted based on the company's actions such as stock dividends and cash dividends [6][8]. - Following the profit distribution plan, the conversion price has been adjusted from 56.43 yuan to 55.72 yuan per share, effective from June 5, 2025 [15][16]. Group 3: Management and Oversight - China International Capital Corporation (CICC) serves as the sponsor and trustee for the bonds, ensuring the protection of bondholders' rights and interests [3][16]. - CICC will continue to monitor the issuer's ability to repay the principal and interest of the bonds and any other significant matters affecting bondholders [16].

Group 1 - The company announced that the "Jia Yue Convertible Bonds" will start paying interest on June 5, 2025, for the period from June 5, 2024, to June 4, 2025 [2][10] - The bond has a total issuance scale of RMB 645 million, with a face value of RMB 100 per bond [4] - The interest rates for the bond are structured to increase annually, starting from 0.40% in the first year to 2.00% in the sixth year [2][4] Group 2 - The interest payment for the fifth year will be 1.80% (including tax), resulting in a payment of RMB 1.80 per bond [9][13] - The bondholders will receive the interest on June 5, 2025, with the record date for interest payment being June 4, 2025 [10][11] - The company has engaged China Securities Depository and Clearing Corporation Limited Shanghai Branch for bond payment and interest distribution [12] Group 3 - The company has announced a repurchase option for the "Jia Yue Convertible Bonds" at a price of RMB 101.80 per bond, including the current interest [17][22] - The repurchase period is set from June 5 to June 11, 2025, with the payment date for repurchased bonds on June 16, 2025 [18][28] - During the repurchase period, bondholders can choose to sell part or all of their unconverted bonds, and the bonds will continue to trade but will not be convertible [23][30]

Group 1 - The company, Hunan Xiangjia Animal Husbandry Co., Ltd., issued convertible bonds totaling 640,000 units at a face value of 100 RMB each, raising a total of 640 million RMB, with net proceeds of 630.46 million RMB after deducting fees [1][14] - The bonds have a maturity period of six years, from April 19, 2022, to April 18, 2028, with an annual interest rate that increases from 0.2% in the first year to 2.0% in the sixth year [1][2] - The initial conversion price was set at 42.56 RMB per share, which has been adjusted to 21.13 RMB per share due to various corporate actions [2][20] Group 2 - In 2024, the company achieved a revenue of 4.204 billion RMB, representing an 8.06% increase year-on-year, while net profit was reported at 980.97 million RMB, a significant increase of 166.66% [12][13] - The company sold 89.82 million live poultry, a 1.60% increase from the previous year, but the revenue from live poultry sales decreased by 10.20% to 924 million RMB [12][13] - The sales of chilled poultry products reached 110,431.70 tons, marking a 16.22% increase, with revenue from chilled products amounting to 2.562 billion RMB, a 14.89% increase [12][13] Group 3 - The company has ongoing projects for a standardized breeding base for quality chickens and a breeding base for pigs, with total investments exceeding the raised funds, requiring self-financing for the excess [11][15] - The company has faced delays in project completions due to adverse weather conditions and industry downturns, extending project timelines to December 2025 [11][15] - The company has not provided guarantees for the convertible bonds, which may increase repayment risks if significant negative events occur [15]

Core Points - Shenglan Technology Co., Ltd. is issuing convertible bonds to unspecified investors, with Dongguan Securities as the lead underwriter [1][2] - The company specializes in the research, production, and sales of electronic connectors and precision components, particularly for consumer electronics and new energy vehicles [4][8] - The company has a strong focus on R&D, with significant investments in core technologies and a dedicated team of researchers [4][11] Company Overview - Company Name: Shenglan Technology Co., Ltd. [2] - Legal Representative: Pan Hao [2] - Stock Code: 300843.SZ [2] - Established: December 14, 2007 [2] - Listed on: Shenzhen Stock Exchange on July 2, 2020 [2] - Main Products: Electronic products, new energy components, connectors, charging modules, and related products [2][4] Business Operations - The company has maintained stable operations in its main business areas since its establishment [4] - It has developed several core technologies in connector manufacturing, including crimping technology and precision injection molding [4][10] - R&D expenses for the first quarter of 2025 were approximately 16.49 million yuan, accounting for 4.90% of revenue [11] Financial Performance - Total assets as of March 31, 2025, were approximately 2.22 billion yuan, with total liabilities of about 651.41 million yuan [6] - Revenue for the first quarter of 2025 was approximately 336.69 million yuan, with a net profit of about 30.48 million yuan [6][7] - The company has shown fluctuations in revenue and net profit over the years, with a notable increase in R&D investment [11][12] Market Position and Risks - The company faces risks related to customer concentration, with a significant portion of revenue derived from a few major clients [8][9] - There is a risk of core technical personnel turnover, which could impact the company's innovation capabilities [10] - The company is also exposed to market competition and fluctuations in raw material prices, which could affect profitability [14][15]

Group 1 - The company held its 14th meeting of the third board of directors on May 26, 2025, where all 7 directors attended, and the meeting was deemed legal and effective [1][2]. - The board approved the achievement of the vesting conditions for the second vesting period of the 2023 restricted stock incentive plan, allowing 1,213,530 shares to vest for 244 eligible participants [1][20][54]. - The board also approved the cancellation of certain unvested restricted stocks due to participants leaving the company and performance issues, totaling 119,430 shares [4][68][71]. Group 2 - The company plans to extend the validity period of the shareholder meeting resolution for issuing convertible bonds to June 12, 2026, to ensure the smooth progress of the issuance [7][8][23]. - The board proposed to hold the second extraordinary general meeting of shareholders on June 11, 2025, combining on-site and online voting [17][18]. Group 3 - The company nominated Li Xuesheng as a candidate for independent director to replace Wang Zheyao, who resigned, pending approval at the upcoming shareholder meeting [12][14][15]. - The board approved the adjustment of the committee members of the board to ensure the orderly operation of the committees following the resignation [15][16].

证券代码：000034 证券简称：神州数码 转债代码：127100 转债简称：神码转债 华泰联合证券有限责任公司 关于神州数码集团股份有限公司 向不特定对象发行可转换公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 二〇二五年五月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"） 《神州数码集团股份有限公司（作为发行人）与华泰联合证券有限责任公司 （作为受托管理人）关于神州数码集团股份有限公司向不特定对象发行可转换 公司债券之债券受托管理协议》（以下简称"《受托管理协议》"）《神州数码集团 股份有限公司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》"）《神州数码集团股份有限公司 2024 年年度报告》等相关公开信息 披露文件、第三方中介机构出具的专业意见等，由本期债券受托管理人华泰联 合证券有限责任公司（以下简称"华泰联合证券"）编制。华泰联合证券对本报 告中所包含的从上述文件中引述内容和信息未进行独立验证，也不就该等引述 内容和信息的真实性、准确性和完整性做出任何保证或承担任何责任。 通过了《关于公司符合公开发行可转换公司债券条件的议案》等 ...