Core Viewpoint - The company plans to issue non-public corporate bonds totaling up to 500 million RMB to enhance financing channels, optimize financing structure, and reduce costs [1][2]. Group 1: Issuance Details - The total amount to be raised from the bond issuance is capped at 500 million RMB, with the specific scale to be determined based on the company's funding needs and market conditions [2]. - The bonds will have a face value of 100 RMB and will be issued at par [2]. - The target investors for the bonds are professional investors as defined by relevant regulations, and there will be no preferential allocation to existing shareholders [2]. Group 2: Fund Utilization - The proceeds from the bond issuance will primarily be used for operational needs, replenishing working capital, repaying interest-bearing debts, supporting project investments, and other legally permitted uses [3]. - The company will establish a dedicated account for the proceeds to ensure proper management and repayment of principal and interest [3]. Group 3: Authorization and Decision-Making - The company seeks authorization from the shareholders' meeting for the board to determine the specific terms and conditions of the bond issuance, including interest rates and repayment schedules [4][5]. - The decision-making process for the bond issuance has been approved by the company's board and supervisory board, and it will be submitted for approval at the upcoming shareholders' meeting [5].

Core Viewpoint - The company plans to issue non-public corporate bonds to professional investors to expand financing channels, optimize debt structure, and meet operational funding needs [1][2][5] Summary by Sections Compliance with Regulations - The company meets the regulatory requirements for issuing non-public corporate bonds to professional investors as per relevant laws and regulations [1][6] Bond Issuance Plan - The bond will have a face value of 100.00 yuan, with a total issuance scale not exceeding 1.3 billion yuan [2][3] - The issuance will occur after obtaining approval from the Shanghai Stock Exchange and will be conducted at an appropriate time based on market conditions [2][3] - The bond term will not exceed 5 years, with interest paid annually and principal repaid at maturity [2][3] Use of Proceeds - Proceeds from the bond issuance will be used for operational funding, repayment of interest-bearing debts, and other legal purposes [5][6] Underwriting and Listing - The bonds will be underwritten by a lead underwriter on a balance underwriting basis, and the company will apply for listing on the Shanghai Stock Exchange post-issuance [5][6] Bond Pricing and Interest Rate - The bonds will be issued at par value, with a fixed interest rate to be determined based on market conditions at the time of issuance [5][6] Authorization Matters - The company has obtained authorization from the shareholders' meeting to manage all matters related to the bond issuance, including determining specific terms and conditions [6][7] Independent Director Opinions - Independent directors confirm that the company meets the conditions for issuing non-public corporate bonds and that the revised plan complies with regulatory requirements [7]

Core Viewpoint - Anhui Xinke New Materials Co., Ltd. is proposing a non-public issuance of corporate bonds not exceeding RMB 500 million to optimize its financing structure and meet business development needs [2][5][6] Group 1: Bond Issuance Proposal - The company plans to issue corporate bonds with a maximum scale of RMB 500 million, subject to shareholder approval [2][3] - The bonds will have a face value of RMB 100 and will be issued at par [3] - The issuance will be conducted through a non-public offering to professional investors, with the specific issuance method to be determined based on market conditions [3][5] Group 2: Bond Terms and Conditions - The bonds will have a maturity of up to 5 years, with the possibility of single or multiple maturities [3] - The bonds will be fixed-rate, with interest calculated annually and no compounding [3] - The specific interest rate and payment method will be determined prior to issuance based on market conditions [3][5] Group 3: Fund Utilization and Management - Proceeds from the bond issuance will be used to repay interest-bearing debts and supplement working capital, in compliance with relevant laws [5] - The company will seek to have the bonds listed on the Shanghai Stock Exchange, subject to meeting listing conditions [5] - The resolution for the bond issuance will remain valid for 24 months from the date of shareholder approval [5] Group 4: Authorization and Governance - The company is seeking authorization from shareholders for the board of directors to handle all matters related to the bond issuance, including determining specific terms and conditions [5][6] - The board will be empowered to make adjustments to the issuance plan as necessary, in accordance with regulatory requirements [5][6]