（原标题：首程控股(00697)股东发行约22亿港元可交换债券） 智通财经APP讯，首程控股(00697)发布公告，公司接到早期投资人周大福创建有限公司(0659.HK)的通 知，获悉其已于今日成功建议发行总额约为22亿港币的可交换债券，冀此获得了较好的现金回流，集团 报以衷心的祝福。 公司始终秉持的核心使命是通过企业发展为所有股东持续创造综合价值，这一使命亦是驱动公司前行的 不竭动力。 展望未来，公司将继续秉持创业者精神，认真、专注、克制地经营企业，致力于为全体股东带来长期可 持续的回报。集团期待更多投资者继续关注与支持公司的成长与发展。 ...

公司始终秉持的核心使命是通过企业发展为所有股东持续创造综合价值，这一使命亦是驱动公司前行的 不竭动力。 展望未来，公司将继续秉持创业者精神，认真、专注、克制地经营企业，致力于为全体股东带来长期可 持续的回报。集团期待更多投资者继续关注与支持公司的成长与发展。 首程控股(00697)发布公告，公司接到早期投资人周大福创建有限公司(0659.HK)的通知，获悉其已于今 日成功建议发行总额约为22亿港币的可交换债券，冀此获得了较好的现金回流，集团报以衷心的祝福。 ...

Core Viewpoint - Alibaba Group plans to issue approximately $3.2 billion of zero-coupon convertible senior notes maturing in 2032 to enhance cloud infrastructure and expand international business operations [1] Fund Allocation - About 80% of the net proceeds from the fundraising will be used to enhance cloud infrastructure, including expanding data centers, upgrading technology, and optimizing services to meet growth demands [1] - The remaining 20% will be allocated to expanding international business operations, focusing on operational investments to improve market position and efficiency [1] Stock Price Strategy - Alibaba has entered into capped call transactions aimed at increasing the effective conversion price, with the upper limit expected to be 60% higher than the closing price of Hong Kong stocks on Thursday [1] - Based on the closing price of $143.93 on Wednesday, the stock price could rise to $230, which would trigger new share issuance, effectively reducing potential dilution and demonstrating Alibaba's confidence in future development [1] Financial Position - As of the end of June, Alibaba's cash reserves stood at $81.8 billion, indicating a strong financial position [1] - The issuance of notes and capped call transactions is intended to lower the company's overall cost of capital [1] Market Context - Recent favorable interest rates and overall capital market conditions have attracted many companies to issue bonds, with Baidu issuing $2 billion in exchangeable bonds this year and Tencent reportedly planning to issue offshore RMB bonds [1]

Group 1 - The company plans to reduce its holdings in Bee Assistant (stock code: 301382) by up to 8.3746 million shares, representing approximately 2.93% of the total share capital [1][2] - The board of directors has proposed to authorize the management to determine the specific timing and quantity of the share reduction, with the authorization period lasting 12 months from the approval date by the shareholders' meeting [2][3] - The company intends to issue up to RMB 300 million of exchangeable bonds to optimize its financing structure and improve financing efficiency [2][3] Group 2 - The company will pay a guarantee fee of 1% per year to its indirect controlling shareholder, Pingtan Comprehensive Experimental Zone Financial Holding Group Co., Ltd., for the guarantee provided for the exchangeable bonds [3] - The company plans to provide collateral for the guarantee by pledging its real estate, equity, and stocks to the controlling shareholder [3] - The board has approved the election of Li Tongtong as a member of the audit committee to ensure its normal operation following the resignation of a previous director [5]

Core Viewpoint - The company, Aorijin Technology Co., Ltd., plans to issue non-public exchangeable bonds to professional institutional investors, with a total issuance scale not exceeding RMB 1.25 billion, to support its development strategy and improve liquidity [1][2]. Group 1: Issuance Details - The bonds will be exchangeable for A-shares of Huangshan Yongxin Co., Ltd. (stock code: 002014.SZ) and will be issued at a face value of RMB 100 each [2]. - The issuance will be conducted non-publicly, with a maximum term of 3 years and a fixed interest rate to be determined based on market conditions [2][4]. - The bonds will be secured by a pledge of A-shares of Yongxin, ensuring the timely payment of principal and interest to bondholders [3]. Group 2: Fund Utilization - The funds raised will be used for repaying interest-bearing debts and supplementing working capital, with specific uses to be determined by the board of directors [4]. - A dedicated account will be established for the management of the raised funds, ensuring they are not misused [4]. Group 3: Governance and Authorization - The board of directors will seek authorization from the shareholders' meeting to manage all aspects of the bond issuance, including terms, scale, and other related matters [5][6]. - The decision-making process will include provisions for debt repayment guarantees and the establishment of a special working group to protect bondholders' interests [5].