Core Viewpoint - Wenzhou Hongfeng Electric Alloy Co., Ltd. plans to redeem its convertible bonds "Hongfeng Convertible Bonds" ahead of schedule, following the approval of its board of directors and in compliance with relevant regulations [9]. Group 1: Bond Issuance and Listing - The company issued 3.2126 million convertible bonds on March 15, 2022, with a total fundraising amount of RMB 321.26 million, netting RMB 315.0554 million after expenses [1]. - The bonds were listed on the Shenzhen Stock Exchange on April 8, 2022, under the name "Hongfeng Convertible Bonds" with the code "123141" [2]. Group 2: Conversion Terms - The conversion period for the bonds is from March 21, 2022, to March 14, 2028, with an initial conversion price set at RMB 6.92 per share [2]. - The conversion price has been adjusted multiple times due to profit distribution, with the latest adjustment bringing it down to RMB 5.35 per share effective from June 28, 2024 [5][6]. Group 3: Conditional Redemption - The bonds have a conditional redemption clause that allows the company to redeem them if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [6]. - The company has triggered this redemption condition, as the stock price has met the criteria from July 8 to July 31, 2025 [6][7]. Group 4: Redemption Details - The redemption price is set at RMB 100.92 per bond, which includes accrued interest calculated based on a 2.0% annual interest rate [7]. - The redemption process will be communicated to bondholders, with the redemption date set for September 5, 2025, and the bonds will be delisted from the exchange thereafter [8]. Group 5: Compliance and Approval - The board of directors approved the early redemption of the bonds during a meeting held on July 31, 2025, ensuring compliance with all necessary regulations and internal procedures [9].

证券代码：002225 证券简称：濮耐股份 公告编号：2025-051 债券代码：127035 债券简称：濮耐转债 濮阳濮耐高温材料（集团）股份有限公司 关于提前赎回"濮耐转债"的第三次提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示： "濮耐转债"赎回价格：100.906 元/张（含当期应计利息，当期年利率为 3.80%，且 当期利息含税） ，扣税后的赎回价格以中国证券登记结算有限责任公司深圳分公司（以下简 称"中登公司"）核准的价格为准。 本次赎回完成后，"濮耐转债"将在深圳证券交易所摘牌，特提醒"濮耐转债"债券持有人 注意在限期内转股。债券持有人持有的"濮耐转债"如存在被质押或被冻结的，建议在停止 转股 2 日前解除质押或冻结，以免出现因无法转股而被赎回的情形。 存在较大差异，特提醒持有人注意在限期内转股。投资者如未及时转股，可能面临损失，敬 请投资者注意投资风险。 濮阳濮耐高温材料（集团）股份有限公司（以下简称"公司"）于 2025 年 7 月 28 日召开第七届董事会第二次会议，审议通过了《关于提前赎回"濮耐转债" 的议案》。结合 ...

Core Viewpoint - The company, Jiangsu Tongguang Electric Cable Co., Ltd., has decided not to exercise the early redemption rights of its convertible bonds, known as "Tongguang Convertible Bonds," after a thorough review by its board of directors and in consideration of current market conditions and the company's actual situation [5]. Summary by Sections Convertible Bond Basic Information - The total amount raised from the issuance of convertible bonds in 2019 was 297 million yuan, with a net amount of 286.972 million yuan after deducting issuance costs of 10.028 million yuan [1]. - The bonds were listed on the Shenzhen Stock Exchange on November 28, 2019, under the name "Tongguang Convertible Bonds" and the code "123034" [2]. - The conversion period for the bonds started six months after the issuance date, which was November 8, 2019, and will last until the maturity date [2]. Conversion Price Adjustment - The conversion price has been adjusted multiple times due to equity distribution, with the latest adjustment on July 19, 2023, changing the price from 7.91 yuan to 8.00 yuan per share [3]. - Future adjustments are scheduled, with the conversion price expected to decrease to 7.92 yuan on July 4, 2024, and further to 7.88 yuan on July 4, 2025 [3]. Conditional Redemption Terms and Triggering Conditions - The bonds have a conditional redemption clause that allows the company to redeem them if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [4]. - As of July 31, 2025, the stock price has met the condition for redemption, reaching 10.25 yuan, which is 130% of the conversion price of 7.88 yuan [4]. Reasons for Not Exercising Early Redemption - The board of directors held a meeting on July 31, 2025, and decided not to exercise the early redemption rights, considering market conditions and the company's situation [5]. - The company plans to redeem the bonds at maturity and delist them after the conversion period ends on November 3, 2025 [5]. Shareholder Trading Activity - There have been no transactions of "Tongguang Convertible Bonds" by major shareholders or executives in the six months prior to the redemption condition being met, and there are no plans for future reductions in holdings [5]. Sponsor's Opinion - The sponsor, Changcheng Securities, has reviewed the decision not to redeem the bonds early and found that the company followed necessary decision-making procedures and complied with relevant regulations [5].

证券代码：300021 证券简称：大禹节水 公告编号：2025－111 债券代码：123063 债券简称：大禹转债 大禹节水集团股份有限公司 本公司及其董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 的大禹转债，将按 100.20 元/张（含税）的价格强制赎回。大禹转债二级市场价 格与赎回价格存在较大差异，特提醒大禹转债持有人注意在限期内转股。 转换为股票，特提请投资者关注不能转股的风险。 禹转债，将按照 100.20 元/张（含税）的价格强制赎回，因目前大禹转债二级市 场价格与赎回价格存在较大差异，特别提醒大禹转债持有人注意在限期内转股， 如果投资者未及时转股，可能面临损失，敬请投资者注意投资风险。 自 2025 年 7 月 4 日至 2025 年 7 月 30 日，大禹节水集团股份有限公司（以 下简称"公司"）股票已出现在任意连续三十个交易日中至少有十五个交易日的 收盘价不低于当期转股价格 3.66 元/股的 130%（含 130%，即 4.76 元/股）的情 形，已触发大禹转债的有条件赎回条款。 公司于 2025 年 7 月 30 日召开第七届董事会第 ...

Group 1 - The company has announced the early redemption of its convertible bonds, "伟隆转债," with the last conversion date set for July 31, 2025 [1][2][4] - The initial conversion price of the bonds was adjusted from RMB 8.60 to RMB 8.26 per share, effective from May 29, 2025 [3][4] - The total amount of convertible bonds issued was RMB 269.71 million, with a net amount of RMB 262.64 million after deducting issuance costs [2][3] Group 2 - The company’s board of directors approved the early redemption of the bonds on July 7, 2025, based on market conditions and the company's situation [2][4] - The redemption price is set at RMB 100.485 per bond, which includes accrued interest [6][7] - The bonds will be delisted from the Shenzhen Stock Exchange after the redemption is completed [1][7] Group 3 - Holders of the convertible bonds must convert their bonds through the securities company that holds the bonds before the deadline [8] - The minimum conversion unit for the bonds is one bond, and any remaining balance that cannot be converted will be paid in cash [8][9] - The company has not received any plans for the major shareholders to reduce their holdings in the bonds within the next six months [8]

Core Viewpoint - Ningbo Bohui Chemical Technology Co., Ltd. has decided to exercise the early redemption option for its convertible bonds, known as "Bohui Convertible Bonds," due to the stock price meeting the conditions specified in the offering document [3][5]. Group 1: Redemption Conditions - The "Bohui Convertible Bonds" can be redeemed if the company's stock price has been at least 130% of the conversion price (8.00 CNY/share) for at least 15 out of the last 30 trading days [3][5]. - The redemption period aligns with the conversion period, starting six months after the issuance and lasting until the maturity date [3][5]. Group 2: Redemption Details - The redemption price is set at 100.02 CNY per bond, which includes the principal and accrued interest calculated based on a 1.8% annual interest rate [5][6]. - The redemption will be executed for all bondholders registered with China Securities as of the redemption registration date [6]. Group 3: Implementation Arrangements - The company will publish announcements regarding the redemption results and the delisting of the bonds from the Shenzhen Stock Exchange [6]. - Bondholders are advised to consult their brokerage firms regarding the conversion process, as the minimum conversion unit is one share [6].

Summary of Key Points Core Viewpoint - The company, Shandong Liancheng Precision Manufacturing Co., Ltd., is proceeding with the early redemption of its convertible bonds, "Liancheng Convertible Bonds," based on the conditions outlined in its offering documents and relevant regulations [11]. Group 1: Convertible Bond Issuance and Redemption - The company issued 260 million RMB of convertible bonds in 2020, with a maturity period of 6 years [1]. - The initial conversion price was set at 24.37 RMB per share, which has undergone several adjustments, the latest being 17.44 RMB per share effective from June 26, 2023 [2][5]. - The early redemption was triggered as the stock price exceeded 130% of the conversion price for 15 trading days [6]. Group 2: Redemption Details - The redemption price is set at 100.22 RMB per bond, which includes accrued interest calculated based on the bond's face value and interest rate [8]. - The redemption will be executed for all holders registered by the redemption date of August 15, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange post-redemption [9]. - Investors will be subject to a 20% tax on interest income, affecting the net redemption amount [10]. Group 3: Compliance and Approval - The underwriting institution, Changcheng Securities, confirmed that the early redemption process complies with relevant laws and the terms set forth in the offering documents [11].

Core Points - The company, China Shipbuilding Emergency (中船应急), announced the early redemption of its "Emergency Convertible Bonds" due to the stock price meeting the conditions for redemption [1][2] - The redemption price is set at 100.77 yuan per bond, including accrued interest at an annual rate of 2.00% [1] - The redemption process includes specific dates for trading suspension, redemption registration, and fund arrival [1] Summary by Sections - **Redemption Announcement** - The third board meeting of the company approved the early redemption of "Emergency Convertible Bonds" on July 21, 2025, as the stock price met the required conditions [1] - **Redemption Details** - The redemption price is 100.77 yuan per bond, which includes accrued interest [1] - Key dates include: - Redemption condition satisfaction date: July 21, 2025 - Trading suspension date: August 25, 2025 - Redemption registration date: August 27, 2025 - Redemption date: August 28, 2025 - Fund arrival date: September 2, 2025 - Investor fund arrival date: September 4, 2025 [1] - **Mandatory Redemption** - Any "Emergency Convertible Bonds" not converted by the close of trading on August 27, 2025, will be forcibly redeemed [1] - The bonds will be delisted from the Shenzhen Stock Exchange after the redemption [1] - **Investor Considerations** - Investors must open trading permissions for the ChiNext board to convert bonds into stocks [2] - There is a significant price difference between the secondary market price of the bonds and the redemption price, highlighting the importance of timely conversion to avoid potential losses [2]

Core Viewpoint - The company has decided to exercise its early redemption rights for the "Yongan Convertible Bonds" due to the stock price meeting the necessary conditions for redemption [1][2]. Group 1: Early Redemption Announcement - The company held its fifth board meeting on July 14, 2025, where it approved the early redemption of the "Yongan Convertible Bonds" [1]. - The bonds will be redeemed at face value plus accrued interest for all registered bondholders as of the redemption registration date [1][2]. - The company will provide further announcements detailing the redemption procedures, pricing, and timing [1][2]. Group 2: Conditions for Redemption - From June 24, 2025, to July 14, 2025, the company's stock price closed at or above 130% of the current conversion price for 15 trading days, triggering the conditional redemption clause [2]. - The conversion price is set at 14.22 yuan per share, while the forced redemption price is 100 yuan per bond plus accrued interest [2][3]. Group 3: Investor Guidance - Bondholders are advised to either convert their bonds or sell them in the secondary market within the specified timeframe to avoid potential losses from forced redemption [2][3]. - Investors holding pledged or frozen bonds are recommended to resolve these issues in advance to prevent being unable to convert their bonds [3].

Group 1 - The company held its eighth meeting of the fifth board of directors on July 15, 2025, with all six directors present, confirming compliance with legal and regulatory requirements [1] - The board unanimously approved the proposal for early redemption of "Lian De Convertible Bonds" due to the stock price meeting the necessary conditions for redemption [1] - The stock price of the company has been above 130% of the conversion price (30.654 CNY/share) for 15 trading days, triggering the conditional redemption clause [1] Group 2 - The voting results for the board meeting were unanimous with 6 votes in favor, and no votes against or abstentions [2] - Legal opinions regarding the early redemption of the convertible bonds were provided by Guangdong Xinda Law Firm, and the sponsor institution, Dongfang Securities Co., Ltd., issued a non-objection verification opinion [2]