Core Viewpoint - The company plans to issue convertible bonds to unspecified investors, with a total amount not exceeding RMB 577.89 million, to support its financial needs and investment projects [2][19][20]. Meeting and Approval - The supervisory board held a meeting to review the proposal for issuing convertible bonds, with all members voting in favor (3 votes for, 0 against, 0 abstentions) [1][2][3]. - The proposal will be submitted to the shareholders' meeting for further approval [1][19]. Bond Issuance Details - The type of securities to be issued is convertible bonds that can be converted into the company's A-shares [1][2]. - The total amount of funds raised from the bond issuance will not exceed RMB 577.89 million, including the principal [2][17]. - Each bond will have a face value of RMB 100 and will be issued at face value [2][3]. - The bonds will have a term of six years from the date of issuance [2][3]. Interest and Repayment - The interest on the bonds will be calculated annually, with the principal repaid in full at maturity [3][4]. - The interest rate will be determined by the board based on market conditions and company specifics prior to issuance [2][3]. Conversion and Pricing - The conversion period for the bonds will start six months after issuance and end on the maturity date [3][5]. - The initial conversion price will be set based on the average trading price of the company's shares prior to the announcement [5][6]. - There are provisions for adjusting the conversion price in case of stock dividends, capital increases, or other corporate actions [5][6][7]. Redemption and Buyback - The company has the right to redeem the bonds at face value plus accrued interest under certain conditions, such as if the stock price exceeds 130% of the conversion price for a specified period [9][10]. - Bondholders have the right to 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]. Fund Utilization - The raised funds will be allocated to specific projects, including the production of MIM components, with a total investment of RMB 588.42 million [17][18]. - The company will manage the funds in a dedicated account and may use its own funds for project implementation before the bond proceeds are available [17][18]. Governance and Compliance - The company will ensure compliance with relevant laws and regulations throughout the bond issuance process [19][20]. - The supervisory board has approved the necessary governance adjustments to facilitate the bond issuance [30][31].

Core Viewpoint - Jiangsu Jingyan Technology Co., Ltd. is issuing convertible bonds to unspecified objects, analyzing the impact on immediate returns and proposing measures to mitigate potential dilution of returns [1][2][3] Group 1: Impact Analysis of Convertible Bond Issuance - The issuance of convertible bonds is expected to dilute immediate returns, with two scenarios considered: full conversion (100% conversion rate) and no conversion (0% conversion rate) [2][3] - If all bonds are converted, the total share capital will increase to 19,927.96 million shares, with a projected net profit of 10,098.19 million yuan for 2025 [2][3] - Three profit growth scenarios are analyzed: no growth, 10% growth, and 20% growth compared to the previous year, affecting earnings per share (EPS) and diluted EPS [3][5] Group 2: Necessity and Reasonableness of the Issuance - The funds raised will be used for projects that enhance the company's core competitiveness and sustainable development capabilities, including precision MIM components for new consumer electronics and data servers [6][9] - The company is a leading player in the MIM industry, with a diversified product portfolio across various sectors, including consumer electronics and automotive [6][9] Group 3: Measures to Mitigate Dilution of Immediate Returns - The company will strengthen the management of raised funds to ensure effective use and prevent risks associated with fund usage [10][11] - Accelerating the investment progress of the projects funded by the issuance to enhance efficiency and achieve expected benefits sooner [10][11] - Improving operational management and internal controls to boost profitability and reduce financial expenses [11] Group 4: Commitment from Relevant Parties - The company's board and senior management have committed to ensuring the effectiveness of measures to mitigate the dilution of immediate returns [12][13] - The controlling shareholders and actual controllers have also made commitments to uphold the measures related to the issuance of convertible bonds [12][13]

Core Viewpoint - Jiangsu Jingyan Technology Co., Ltd. is seeking shareholder approval to authorize the board of directors to manage the issuance of convertible bonds to unspecified investors, ensuring compliance with relevant laws and regulations [1][2]. Group 1: Authorization Details - The board proposes to request shareholder authorization for full management of the convertible bond issuance, including the ability to revise terms and conditions based on regulatory feedback and company circumstances [1][2]. - The authorization includes the ability to adjust the use of raised funds based on project reviews and market conditions, allowing for preliminary funding from company resources if necessary [1][2]. - The board will have the authority to hire intermediaries for the issuance process and manage all related agreements and documentation [1][2]. Group 2: Regulatory Compliance and Adjustments - The company will modify its articles of association as needed during the bond's duration and handle all necessary registrations and listings related to the convertible bonds [1][2]. - In case of regulatory changes or market conditions affecting the issuance, the board can adjust the issuance plan accordingly, with certain exceptions requiring shareholder re-approval [1][2]. - The authorization for most matters is valid for 12 months from the date of shareholder approval, with extensions possible upon receiving regulatory consent for the bond issuance [1][2].

Core Viewpoint - Jushen Logistics Group Co., Ltd. plans to issue convertible bonds totaling no more than 380 million yuan to unspecified investors, with the legal opinion confirming compliance with relevant laws and regulations [1][3][9]. Group 1: Legal Framework and Compliance - The issuance is governed by the Company Law, Securities Law, Registration Management Measures, and Convertible Bond Management Measures, ensuring all legal requirements are met [4][5][10]. - The legal opinion confirms that the issuance has been authorized and approved by the necessary corporate governance bodies, including the shareholders' meeting [9][10]. Group 2: Financial Viability - The average distributable profit for the last three fiscal years was 56.67 million yuan, sufficient to cover one year of bond interest payments [11][12]. - The company's net cash flow from operating activities for the years 2022, 2023, and 2024 was 151.29 million yuan, 152.29 million yuan, and 173.63 million yuan respectively, indicating a stable financial position [11][12]. Group 3: Independence and Corporate Structure - The company operates independently from its controlling shareholders and actual controllers, with a complete business system and the ability to manage operations autonomously [10][11]. - There are no significant legal disputes or restrictions on the company's assets as of March 31, 2025, ensuring a clear ownership structure [19][20]. Group 4: Use of Proceeds - The funds raised will be used for expanding logistics services, supplementing working capital, and repaying bank loans, aligning with the company's core business activities [13][14]. - The issuance will not be used for financial investments or activities that could harm the company's operational independence [13][14]. Group 5: Risk Management and Legal Assurance - The legal opinion confirms that there are no major pending litigations or administrative penalties that could materially affect the bond issuance [18][19]. - The company has taken necessary measures to protect the interests of non-related shareholders and avoid conflicts of interest [10][11].

Core Viewpoint - Jushen Logistics Group Co., Ltd plans to issue convertible bonds to raise up to RMB 380 million to support its business expansion and improve financial structure [1][17]. Summary by Sections Issuance Details - The company is issuing convertible bonds to unspecified investors, with a total amount not exceeding RMB 38 million [1]. - The bonds will have a credit rating of AA- and will be monitored annually by a credit rating agency [1][18]. Financial Performance and Profit Distribution - The company has a profit distribution policy prioritizing cash dividends, with a minimum cash dividend ratio of 20% to 80% depending on the financial situation [1][4]. - In 2022, the company distributed a cash dividend of RMB 1.55 per 10 shares, totaling RMB 19.96 million [5]. - In 2023, the cash dividend was increased to RMB 3 per 10 shares, totaling RMB 37.89 million [6]. Recent Financial Data - The company's net profit for the recent years was reported as follows: 2022 - RMB 199.64 million, 2023 - RMB 378.91 million [7][8]. - The cash dividend payout ratio was 60.93% in 2023, indicating a strong commitment to returning value to shareholders [8]. Business Expansion and Investment Projects - The funds raised will be used for the Jushen Guinea transshipment project, working capital, and repaying bank loans [10][17]. - The Guinea project is expected to generate an average annual revenue of RMB 308.98 million and an average annual profit of RMB 93.13 million once fully operational [10]. Risks and Challenges - The company faces risks related to operational management, market competition, and potential economic downturns that could impact profitability [9][13]. - The expansion into Guinea may present challenges due to local conditions and the need for effective management to match the scale of operations [9][11]. Corporate Governance and Shareholder Engagement - The company emphasizes communication with shareholders, especially minority shareholders, regarding profit distribution and corporate governance [3][4]. - The board of directors is responsible for ensuring compliance with profit distribution policies and engaging with shareholders for feedback [3][4].

证券代码：002913 证券简称：奥士康 奥士康科技股份有限公司 向不特定对象发行可转换公司债券 方案的论证分析报告 二〇二五年七月 第一节 本次发行证券及其品种选择的必要性 奥士康科技股份有限公司（以下简称"奥士康"、"发行人"或"公司"）为 在深圳证券交易所主板上市的公司。为满足公司发展的资金需求，扩大公司经营 规模，提升公司的综合竞争力、增强盈利能力，公司结合自身实际状况，根据《 中 华人民共和国公司法》（以下简称"《公司法》"）、 中华人民共和国证券法》（以 下简称"《证券法》"）以及 上市公司证券发行注册管理办法》（以下简称"《注 册管理办法》"）等相关法律、法规和规范性文件的规定，拟通过向不特定对象发 行可转换公司债券《 （以下简称《 "本次发行"；可转换公司债券以下简称《 "可转债"） 的方式募集资金。 本论证分析报告中如无特别说明，相关用语具有与《 奥士康科技股份有限公 司向不特定对象发行可转换公司债券预案》中相同的含义。 一、本次证券发行的品种 本次发行证券的种类为可转换为公司 A 股股票的可转换公司债券，该可转 换公司债券及未来转换的公司 A 股股票将在深圳证券交易所主板上市。 二、本次发 ...

证券代码：600577 证券简称：精达股份 公告编号：2025-043 债券代码：110074 债券简称：精达转债 铜陵精达特种电磁线股份有限公司 TONGLING JINGDA SPECIAL MAGNET WIRE CO., LTD. （安徽省铜陵市经济技术开发区黄山大道北段 988 号） 可转换公司债券预案（修订稿） 铜陵精达特种电磁线股份有限公司 2023 年度向不特定对象发行可转换公司债券预案（修订稿） 公司声明 在虚假记载、误导性陈述或重大遗漏。 任何与之相反的声明均属不实陈述。 其他专业顾问。 司债券相关事项的实质性判断、确认或批准，本预案所述本次向不特定对象发 行可转换公司债券相关事项的生效和完成尚待公司股东大会审议、上海证券交 易所审核并报经中国证监会注册。 铜陵精达特种电磁线股份有限公司 2023 年度向不特定对象发行可转换公司债券预案（修订 稿） 重大事项提示 一、本次发行证券方式：向不特定对象发行可转换公司债券。 二、本次向不特定对象发行可转换公司债券的募集资金总额不超过 由公司自行负责；因本次向不特定对象发行可转换公司债券引致的投资风险， 由投资者自行负责。 目： | 单位：万元 | ...

证券代码：002913 证券简称：奥士康 公告编号：2025-049 奥士康科技股份有限公司 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。 一、董事会会议召开情况 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券发行注册 管理办法》等法律法规及规范性文件的规定，公司董事会对公司的实际情况进行了逐项 自查和论证，认为公司各项条件满足现行法律法规和规范性文件中关于深圳证券交易所 主板上市公司向不特定对象发行可转换公司债券的有关规定，具备向不特定对象发行可 转换公司债券（以下简称"本次发行"）的条件。 本议案已经公司董事会审计委员会、独立董事专门会议审议通过。 表决结果：8 票同意，0 票反对，0 票弃权。 本议案尚需提交股东会审议。 （二）逐项审议通过《关于公司向不特定对象发行可转换公司债券方案的议案》 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券发行注册 管理办法》等法律法规的规定，结合公司的实际情况，经研究，拟向不特定对象发行可转 换公司债券，具体方案如下： 本次发行证券的种类为可转换为公司 A 股股票的可转换公司债券 ...

Meeting Overview - The 11th meeting of the 4th Supervisory Board of Shanghai Aiwei Electronics Technology Co., Ltd. was held on July 27, 2025, in a combination of on-site and communication methods, with all three supervisors present, making the meeting valid and effective [1][2]. Key Resolutions - The Supervisory Board approved the proposal regarding the company's compliance with the conditions for issuing convertible bonds to unspecified objects, confirming that the company meets the legal requirements for such issuance [1][2]. - The company plans to issue up to 19,013,200 convertible bonds, with a total fundraising amount not exceeding RMB 190,132,000, and each bond will have a face value of RMB 100 [2][3]. - The bonds will have a duration of six years from the date of issuance, with interest paid annually [3][4]. Interest Rate and Payment Terms - The interest rate for the bonds will be determined by the Board of Directors based on market conditions and will be paid annually, with the principal returned at maturity [3][4]. - The calculation for annual interest is defined, and the payment will occur within five trading days after each interest payment date [4][5]. Conversion Terms - The conversion period for the bonds will start six months after issuance and last until the maturity date, allowing bondholders to convert their bonds into shares [5][6]. - The initial conversion price will be based on the average trading price of the company's A-shares over the previous twenty trading days [5][6]. Redemption and Buyback Provisions - The company will redeem all unconverted bonds within five trading days after maturity, and it has the right to redeem bonds under certain conditions during the conversion period [9][11]. - Bondholders have the right to sell back their bonds to the company at face value plus accrued interest if specific conditions regarding stock price are met [11][12]. Fund Utilization - The total investment for the projects funded by the bond issuance is RMB 245,460,500, with the raised funds allocated to specific projects [15][16]. - The company will manage the raised funds in a dedicated account and has established a fundraising management system [15][16]. Additional Proposals - The company has proposed various reports and plans related to the bond issuance, including feasibility studies and the impact on shareholder returns, which will be submitted for shareholder approval [19][20][21]. - The company also plans to revise its articles of association to reflect changes in registered capital and other governance matters [23][24].

Core Viewpoint - The company plans to issue convertible bonds to unspecified investors, aiming to raise funds while addressing the potential dilution of immediate returns for existing shareholders through specific compensation measures [1][6][13]. Financial Impact Analysis - The company estimates a maximum issuance of 1,901.32 million yuan, with the actual amount depending on regulatory approvals and market conditions [2]. - The projected net profit for the parent company is 254.88 million yuan for 2025, with scenarios predicting growth rates of 0%, 10%, and 20% for subsequent years [2][4]. - The total share capital will increase from 232,669,339 shares to 260,708,806 shares if all bonds are converted [3][4]. Measures to Mitigate Dilution - The company will enhance its profitability and development potential by expanding its business scale and improving product competitiveness [10]. - It will ensure effective use of raised funds and manage them according to regulatory requirements to minimize the risk of dilution [11][12]. - The company has committed to a robust profit distribution policy to strengthen investor returns [12]. Business Context - The company specializes in integrated circuit design, focusing on high-performance mixed-signal, power management, and signal chain chips, with applications in consumer electronics, AIoT, industrial, and automotive sectors [7][9]. - The fundraising project aligns with the company's core business and aims to establish a global R&D center to support future product development [7][8]. Human and Technical Resources - The company has a strong talent pool, with 646 technical staff, 552 of whom are in R&D, ensuring a solid foundation for innovation [8]. - It has accumulated significant intellectual property, holding 649 patents, including 412 invention patents, which supports its competitive edge in the market [8]. Commitment from Stakeholders - The controlling shareholders and management have made commitments to uphold the measures designed to mitigate the dilution of immediate returns, ensuring accountability and adherence to regulatory standards [13][14].