Core Viewpoint - Zhonglun New Materials (301565.SZ) plans to issue convertible bonds to raise a total of up to RMB 1,068 million, which will be used for the industrialization projects of high-performance membrane materials in Indonesia and to supplement working capital [1] Group 1 - The total amount of funds to be raised through the issuance of convertible bonds is capped at RMB 1,068 million [1] - The funds will be allocated to the first and second phases of the high-performance membrane material industrialization project in Indonesia [1] - Additional funds will be used to supplement the company's working capital [1]

Core Viewpoint - China Pacific Insurance (China Taibao) has successfully issued Hong Kong dollar zero-coupon convertible bonds, raising a total of HKD 15.556 billion, marking a significant achievement in the financial market [1] Group 1: Issuance Details - The issuance was conducted under a zero-coupon premise, achieving a premium issuance with a conversion premium rate of 25% [1] - Long-term investors accounted for over 70% of the subscription, indicating strong market confidence [1] Group 2: Record Achievements - This issuance sets multiple records, being the largest scale of Hong Kong dollar zero-coupon convertible bonds in history [1] - It is also the first offshore convertible bond issued by a state-owned financial enterprise that is listed both domestically and internationally [1] - Furthermore, it represents the largest overseas refinancing project in the Asia-Pacific financial sector since 2025 [1]

格隆汇9月11日丨爱科科技(688092.SH)公布向不特定对象发行可转换公司债券预案，公司本次拟向不特 定对象发行可转换公司债券募集资金总额不超过人民币3.11亿元（含3.11亿元），扣除发行费用后，将 全部投资于以下项目：新型智能装备产业化基地项目、富阳智能切割设备生产线技改项目及补充流动资 金。 ...

Core Viewpoint - Jiangsu Changqing Tree New Materials Technology Co., Ltd. is committed to implementing measures to mitigate the dilution of immediate returns for shareholders due to the issuance of convertible bonds, ensuring effective use of raised funds and enhancing future return capabilities [1][2]. Group 1: Fund Management and Utilization - The company has established a "Management Measures for the Use of Raised Funds" to ensure legal and reasonable use of the funds, with strict management and supervision protocols in place [1]. - Raised funds will be stored in a designated account managed by the board, ensuring dedicated use and compliance with relevant laws and regulations [1][2]. - The company will actively cooperate with banks and sponsors to monitor the use of raised funds, safeguarding the interests of investors, especially small and medium-sized investors [1]. Group 2: Project Implementation and Market Expansion - The company aims to expedite the construction of investment projects funded by the raised capital to achieve expected benefits as soon as possible [2]. - The investment projects align with national industrial policies and are expected to enhance production scale and operational capacity, solidifying the company's market leadership and ensuring sustainable revenue growth [1][2]. Group 3: Competitive Strength and Return Mechanism - The company plans to strengthen its market position in the high polymer new materials sector while increasing innovation and R&D efforts to enhance core competitiveness and market share [2]. - A three-year shareholder dividend return plan (2025-2027) has been developed, detailing conditions, ratios, and mechanisms for profit distribution, particularly cash dividends, to protect the rights of minority investors [2].

| ж??????????????????????? ? ? 享 | | --- | | ??????????????????????????? ? ? 바마 | | δжε??????????????????????? | | δ?ε??????????????????????? 享 | | δπε?????????????????????? 享 | | δ?ε??????????????????? ? 享 | | ??????????????? | | ?y?????????????? | | ????富??? | | ?????? ? ? | | к???????? | ??????????????????????и??????????????? ?????????к?к??????ǒ ? ???л???? ??????????????????????ㅠ???????????????????? ??亩? ???????????????亩 ??????????????a?????????????????????? л? ж????????? ???????備??????θδ ε???y?????????? ...

| 一、关于本次募投项目…………………………………………… 第 | 1—26 | 页 | | --- | --- | --- | | 二、关于经营情况…………………………………………………第 | 26—42 | 页 | | 三、关于交易性金融资产…………………………………………第 | 42—53 | 页 | | 四、关于其他——与关联方共同投资建设办公楼………………第 | 53—55 | 页 | | 五、关于其他——存货及结构化主体……………………………第 | 55—61 | 页 | | 六、附件……………………………………………………………第 | 62—66 | 页 | | 62 （一）本所营业执照复印件………………………………………第 | | 页 | | 63 （二）本所执业证书复印件………………………………………第 | | 页 | | （三）本所从事证券服务业务备案完备证明材料………………第 64 | | 页 | | （四）本所签字注册会计师执业证书复印件………………第 65—66 | | 页 | | 关于南华期货股份有限公司 | | | | 向不特定对象发行可转债审核问询函中 | | | | 有关财务 ...

Core Viewpoint - The company, Weike Precision (维科精密), plans to issue convertible bonds to raise up to RMB 630 million for various projects, including semiconductor component production and a production base in Thailand [1][2]. Group 1: Convertible Bond Issuance - The total amount to be raised from the convertible bond issuance is capped at RMB 630 million, which will be used for the construction of a semiconductor component production base, a production base in Thailand, and to supplement working capital [1]. - The bonds will have a face value of RMB 100 each and will be issued at face value, with a maturity of six years from the issuance date [1]. - The interest rate for the bonds will be determined by the company's board of directors in consultation with the underwriters based on market conditions [1]. Group 2: Recent Financial Performance - In the first half of 2025, the company achieved revenue of RMB 447 million, representing a year-on-year growth of 12.58%, and a net profit attributable to shareholders of RMB 22.89 million, up 9.15% [4]. - The company’s revenue for the years 2022 to 2024 is projected to be RMB 707 million, RMB 759 million, and RMB 843 million, respectively, with net profits of RMB 67.58 million, RMB 64.20 million, and RMB 45.30 million [4]. - The net cash flow from operating activities for the same period is expected to be RMB 86.38 million, RMB 92.06 million, and RMB 73.70 million [4].

Group 1 - Company Tonghe Technology (300491.SZ) plans to issue convertible bonds to raise a total of no more than RMB 521.93 million, with the specific amount to be determined by the board of directors authorized by the shareholders' meeting [1] - The convertible bonds will have a face value of RMB 100.00 each and a term of 6 years from the date of issuance, with interest paid annually [1] - The initial conversion price will not be lower than the average trading price of the company's A-shares over the 20 trading days prior to the announcement, and it will be determined by the board of directors based on market conditions [2] Group 2 - In 2024, the company achieved operating revenue of RMB 1.21 billion, a year-on-year increase of 19.89%, while the net profit attributable to shareholders decreased by 76.66% to RMB 23.94 million [6] - The company reported a net cash flow from operating activities of RMB 58.39 million, a significant increase of 297.10% compared to the previous year [6] - As of the end of 2024, the total assets of the company were RMB 2.13 billion, reflecting a year-on-year increase of 7.56% [6]

Core Viewpoint - Tonghe Technology (300491.SZ) plans to issue convertible bonds to raise a maximum of RMB 521.93 million, with the specific amount to be determined by the board of directors authorized by the shareholders' meeting [1] Group 1: Convertible Bond Issuance - The company intends to issue convertible bonds with a face value of RMB 100 each, with a term of 6 years from the issuance date [1] - The coupon rate will be determined by the board based on national policies, market conditions, and the company's situation, with annual interest payments [1] - The initial conversion price will not be lower than the average trading price of the company's A-shares over the 20 trading days prior to the announcement [2] Group 2: Financial Performance - In the first half of 2025, the company achieved revenue of RMB 586 million, a year-on-year increase of 27.53%, while net profit attributable to shareholders decreased by 23.39% to RMB 15.47 million [4][5] - For the year 2024, the company reported revenue of RMB 1.21 billion, a 19.89% increase, but net profit attributable to shareholders fell by 76.66% to RMB 23.94 million [6] - The company experienced a significant decline in net profit margins, with the weighted average return on net assets dropping from 9.69% in 2023 to 2.12% in 2024 [6]

Core Viewpoint - The company plans to issue convertible bonds totaling up to RMB 4.8 billion, which can be converted into A-shares of Qingdao Bank, subject to approval from shareholders and regulatory bodies [2][3][42]. Summary by Sections Issuance Overview - The convertible bonds will be issued to unspecified investors, with original A-share shareholders given priority in allocation [2][22]. - The total issuance amount is capped at RMB 4.8 billion, with specific details to be determined by the board of directors [6][34]. - Each bond will have a face value of RMB 100 and will be issued at par [7]. - The bonds will have a maturity of six years from the date of issuance [8]. Interest and Payment Terms - The interest rate will be determined based on market conditions and company specifics, with annual interest payments [9][10]. - The interest calculation will be based on the total face value held by the bondholder [9]. - The payment of interest will occur annually, with specific dates outlined for interest payment and record keeping [9]. Conversion and Redemption - The conversion period for the bonds will start six months after issuance and last until maturity [11]. - The initial conversion price will be set based on the average trading price of the company's A-shares prior to the announcement [12]. - The company reserves the right to adjust the conversion price under certain conditions, such as stock dividends or capital increases [13][15]. - The company may redeem the bonds at maturity or under specific conditions if the stock price exceeds a certain threshold [20]. Use of Proceeds - Proceeds from the bond issuance will be used to support the company's future business development and to supplement core tier one capital after conversion [34]. Regulatory Compliance - The issuance plan has been approved by the company's board and requires further approval from shareholders and regulatory authorities [3][42]. - The company has confirmed compliance with relevant laws and regulations regarding the issuance of convertible bonds [4]. Financial Information - The company has undergone audits for its financial statements for the years 2022, 2023, and 2024, with reports issued by KPMG and Ernst & Young [43]. - Financial data referenced includes consolidated balance sheets, income statements, and cash flow statements [44][45]. Bondholder Rights and Meetings - Bondholders will have rights to interest payments, conversion, and the ability to attend bondholder meetings to vote on significant matters [22][24]. - The bondholder meetings will be convened by the bond trustee and will require a majority vote for key decisions [28][31].