Core Viewpoint - The announcement details a change in the shareholding structure of China Satellite Communications Group Co., Ltd. (China Satcom) due to the conversion of bonds held by its controlling shareholder, China Aerospace Science and Technology Corporation (CASC) [1][2]. Group 1: Shareholding Changes - CASC's direct shareholding in China Satcom decreased from 3,097,755,762 shares (73.33%) to 3,047,184,725 shares (72.13%) due to the conversion of bonds [2]. - The total shareholding of CASC and its concerted parties in China Satcom decreased from 3,501,018,286 shares (82.88%) to 3,450,447,249 shares (81.68%) [2]. Group 2: Bond Issuance and Conversion - CASC completed the issuance of "China Aerospace Science and Technology Corporation 2024 Non-Public Offering of Technology Innovation Exchangeable Bonds (First Phase)" on August 29, 2024 [1]. - The bondholders' decision to convert bonds into shares and the specific number of shares converted are uncertain during the conversion period [3]. Group 3: No Change in Control - The reduction in shareholding is a passive result of bond conversion and does not involve a takeover offer, nor will it change the controlling shareholder or actual controller of the company [2].

Core Viewpoint - The announcement details a decrease in the shareholding percentage of the controlling shareholder, China Aerospace Science and Technology Corporation, from 84.27% to 83.99% due to the conversion of exchangeable bonds, without triggering mandatory tender offer obligations [1][2]. Group 1: Shareholding Changes - The controlling shareholder, China Aerospace Science and Technology Corporation, directly held 3,156,449,883 shares before the change [1]. - After the conversion of exchangeable bonds, the total shareholding of the controlling shareholder decreased to 83.99% [1]. - The change in shareholding does not violate any prior commitments or plans [1]. Group 2: Shareholder Information - The announcement confirms that the controlling shareholder and its concerted actors provided accurate and complete information regarding the shareholding changes [1]. - The concerted actors include China Academy of Launch Vehicle Technology and China Academy of Space Technology, which did not change their shareholding [1]. - The total number of shares held by the controlling shareholder and its concerted actors before the change was 355,971,240.7 shares, representing 84.27% [2]. Group 3: Bond Conversion Impact - The decrease in shareholding percentage is attributed to the conversion of exchangeable bonds issued in August 2024 [1]. - The company will monitor the conversion situation of the exchangeable bonds and fulfill its information disclosure obligations as required [2]. - The announcement clarifies that the shareholding change does not affect the status of the controlling shareholder or actual controller [2].

Core Viewpoint - The report outlines a change in equity ownership for Dalian Heavy Industry due to the exchange of company bonds, resulting in a decrease in the shareholding percentage of the disclosing party, Dalian Heavy Industry Equipment Group Co., Ltd. [1] Section Summaries Section 1: Definitions - The report refers to Dalian Heavy Industry Group Co., Ltd. as the listed company with stock code 002204 and outlines the nature of the equity change due to the exchange of company bonds [1][2]. Section 2: Information Disclosing Party Introduction - The disclosing party is Dalian Heavy Industry Equipment Group Co., Ltd., a state-controlled limited liability company with a registered capital of 244 million yuan [3]. - The main shareholder is Dalian Equipment Investment Group Co., Ltd., holding 100% of the shares [3]. Section 3: Purpose of Equity Change - The equity change is primarily due to the issuance of non-public exchangeable bonds, with a conversion period from January 29, 2024, to July 27, 2026, leading to a passive reduction in shareholding [5][6]. - There are no plans for the disclosing party to increase or decrease its shareholding in the next 12 months [6]. Section 4: Method of Equity Change - Dalian Heavy Industry Equipment Group issued exchangeable bonds worth 700 million yuan on July 28, 2023, with a conversion price of 5.37 yuan per share [6]. - The disclosing party's shareholding decreased by 58,449,044 shares, representing a 3.03% reduction in ownership [7][10]. Section 5: Trading of Shares in the Last 6 Months - The disclosing party has not engaged in any trading of the company's shares through the Shenzhen Stock Exchange in the six months prior to the report [8]. Section 6: Other Significant Matters - No additional significant information has been disclosed that could lead to misunderstandings regarding the report's content [9].