Group 1 - The company held its second meeting of the fourth board of directors on August 7, 2025, to discuss key resolutions [2][3][4] - The board unanimously approved the proposal not to redeem the "Zhongqi Convertible Bonds" early, as the stock price met the conditions for conditional redemption [7][10][21] - The company decided to postpone the implementation of the "Annual Production of 10,000 Tons of Semiconductor-grade and Photovoltaic Crucible High-purity Sand Project" after re-evaluating the investment projects [8][30][32] Group 2 - The company issued 5.4 million convertible bonds with a total amount of 540 million yuan, which were listed on April 25, 2023 [12][13] - The initial conversion price of the bonds was adjusted from 30.27 yuan/share to 14.76 yuan/share as of May 29, 2025 [15][18] - The company has completed the registration changes and received a new business license, reflecting updated capital and operational scope [37]

Core Viewpoint - The company, Tibet Qizheng Tibetan Medicine Co., Ltd., has announced the potential triggering of conditional redemption for its convertible bonds, "Qizheng Convertible Bonds," based on stock price performance exceeding 130% of the conversion price [1][7]. Group 1: Convertible Bond Basic Information - The company has issued a total of 8 million convertible bonds with a face value of 100 RMB each, amounting to a total issuance of 800 million RMB [2]. - The bonds are listed on the Shenzhen Stock Exchange and have been trading since October 27, 2020 [2]. - The conversion period for the bonds is from March 29, 2021, to September 21, 2026 [2]. Group 2: Conversion Price Adjustments - The conversion price has undergone several adjustments since issuance, with the latest adjustment on July 10, 2025, bringing it to 19.01 RMB per share [6][9]. - The conversion price was previously adjusted downwards multiple times, reflecting the company's strategic decisions based on market conditions [3][5][6]. Group 3: Conditional Redemption Terms - The company has outlined specific conditions under which it can redeem the convertible bonds, including if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [7][8]. - The company also has the right to redeem the bonds if the remaining balance of unconverted bonds falls below 30 million RMB [7]. Group 4: Recent Stock Performance - As of July 21 to August 1, 2025, the company's stock has closed above 24.713 RMB per share for 9 trading days, indicating a potential trigger for the redemption clause [1][7].

Core Viewpoint - The company, Huamao (Xiamen) New Materials Technology Co., Ltd., has announced that its convertible bonds, "Huamao Convertible Bonds," are expected to meet the redemption conditions based on stock price performance [1][4]. Group 1: Convertible Bond Issuance - The company issued 10.5 million convertible bonds with a total amount of 1.05 billion yuan, approved by the China Securities Regulatory Commission on September 14, 2023 [1][2]. - The bonds have a maturity period of six years, from September 14, 2023, to September 13, 2029 [1]. - The initial conversion price was set at 34.18 yuan per share, later adjusted to 34.15 yuan, 33.95 yuan, 33.85 yuan, and finally to 33.76 yuan due to various factors including stock option exercises and profit distribution [2][3]. Group 2: Redemption Conditions - The conditional redemption clause allows the company to redeem all or part of the unconverted bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days [4]. - As of June 25, 2025, the stock price has been above 43.89 yuan, which is 130% of the current conversion price, indicating a potential trigger for the redemption clause [4]. - The company will convene a board meeting to decide on the redemption if the conditions are met and will disclose the decision promptly [4].

Core Viewpoint - The company, Jiahe Intelligent Technology Co., Ltd., has announced that its stock price has remained above 130% of the conversion price of its convertible bonds, potentially triggering the conditional redemption clause of the "Jiahe Convertible Bonds" [1][5][6]. Summary by Sections Convertible Bond Overview - The company has received approval from the China Securities Regulatory Commission to issue convertible bonds, raising a net amount of approximately RMB 993.91 million [2]. - The bonds were listed on the Shenzhen Stock Exchange on January 24, 2024, under the name "Jiahe Convertible Bonds" with the code "123237" [2]. - The conversion period for the bonds is from July 10, 2024, to January 3, 2030 [2]. Price Adjustment - The conversion price of the "Jiahe Convertible Bonds" was adjusted from RMB 21.75 to RMB 21.60 on May 29, 2024, due to profit distribution [3]. - The conversion price was further adjusted to RMB 13.58, effective from July 16, 2024, following a shareholder meeting [3]. Conditional Redemption Clause - The company has the right to redeem all or part of the unconverted bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [5][6]. - The redemption period aligns with the conversion period, allowing for redemption until the bond's maturity date [6]. Current Stock Performance - As of the period from June 24, 2025, to July 25, 2025, the company's stock price has consistently closed above RMB 17.498, which is 130% of the conversion price of RMB 13.46 [1][6].

Group 1 - The company, Guangdong Aofei Data Technology Co., Ltd., has seen its stock price from July 10, 2025, to July 23, 2025, close at or above 130% of the current conversion price of the convertible bond, indicating a potential trigger for the conditional redemption clause of the "Aofei Convertible Bond" [1][8] - The current conversion price of the "Aofei Convertible Bond" is 10.06 yuan per share, and the 130% threshold for triggering redemption is 13.078 yuan per share [1][8] - If the stock price continues to meet the threshold, the company's board has the authority to redeem all or part of the unconverted "Aofei Convertible Bonds" at face value plus accrued interest [1][8] Group 2 - The company issued 6.35 million convertible bonds with a total fundraising amount of 635 million yuan, with a face value of 100 yuan per bond [2] - The conversion period for the bonds is from June 9, 2021, to December 2, 2027 [2] - The bond's conversion price has been adjusted multiple times, with the latest adjustment bringing it down to 10.09 yuan per share [5][6] Group 3 - The bond has a tiered interest rate structure, starting at 0.5% in the first year and increasing to 2.8% in the sixth year [8] - The company has outlined specific conditions under which the bonds can be redeemed, including if the stock price remains above the conversion price for a specified period or if the unconverted bond balance falls below 30 million yuan [7][8]

Group 1 - The board of directors of Hengfeng Tools Co., Ltd. held its 14th meeting of the 5th session on July 11, 2025, with all 6 directors present, including independent directors participating via remote voting [1][2] - The board approved the proposal regarding the conditional redemption of the "Fenggong Convertible Bonds," which was triggered due to the stock price meeting specific criteria from June 18 to July 16, 2025 [1][2] - The company decided not to exercise the early redemption rights for the "Fenggong Convertible Bonds" for the next three months, with a reassessment scheduled for October 16, 2025, if the redemption conditions are met again [1][2] Group 2 - The proposal received unanimous support with 6 votes in favor, and no votes against or abstentions [2]

Group 1 - The company issued convertible bonds named "Fenggong Convertible Bonds" with a total fundraising amount of RMB 620 million, net proceeds amounting to RMB 608.78 million after deducting issuance costs [1] - The bonds were approved by the China Securities Regulatory Commission and began trading on the Shenzhen Stock Exchange on February 22, 2024, under the code "123239" [2] - The initial conversion price was set at RMB 24.95 per share, which was adjusted to RMB 24.75 on May 28, 2024, and further adjusted to RMB 24.39 on November 27, 2024 [2][3] Group 2 - The company has conditional redemption clauses for the convertible bonds, allowing redemption if the stock price exceeds 130% of the conversion price for 15 out of 30 consecutive trading days or if the remaining unconverted bonds are less than RMB 30 million [4][5] - The company decided not to exercise the early redemption option for the bonds, considering the short conversion period and current market conditions, and will not exercise this right for the next three months [5][6] Group 3 - The company conducted an internal review of trading activities related to the convertible bonds by major shareholders and executives, revealing that no transactions occurred in the six months leading up to the redemption condition date [6][7] - As of the date of the review, there were no plans from major shareholders or executives to reduce their holdings in the convertible bonds in the next six months [8] Group 4 - The sponsor, Minsheng Securities, confirmed that the decision not to redeem the bonds early was approved by the company's board and complied with relevant regulations and the terms outlined in the offering document [8]

Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "Nuitai Convertible Bonds," despite triggering the conditional redemption clauses due to stock prices exceeding the specified thresholds [2][6]. Group 1: Convertible Bond Issuance and Listing - The company issued 350 million yuan worth of convertible bonds on June 27, 2023, with a total of 3.5 million bonds at a face value of 100 yuan each, resulting in a net fundraising amount of approximately 344 million yuan after deducting issuance costs [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on July 18, 2023, under the name "Nuitai Convertible Bonds" and code "123201" [3]. Group 2: Conversion Price Adjustments - The conversion price of the bonds was adjusted from 29.88 yuan to 21.25 yuan per share effective May 21, 2024, and further adjusted to 21.19 yuan per share effective October 15, 2024 [3][4]. - The conversion price was subsequently lowered to 15.04 yuan per share effective May 26, 2025 [4]. Group 3: Conditional Redemption Clauses - The conditional redemption clauses allow the company to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days or if the remaining unconverted bonds are less than 30 million yuan [5]. - From May 20 to June 12, 2025, the stock price met the criteria for triggering the redemption clauses [5]. Group 4: Decision on Early Redemption - The board of directors decided not to exercise the early redemption rights for the bonds, considering the short conversion period and current market conditions, aiming to protect the interests of bondholders [6]. - The company will reassess the situation after September 12, 2025, if the redemption conditions are met again [6]. Group 5: Shareholder Transactions - There have been no transactions of "Nuitai Convertible Bonds" by major shareholders or executives in the six months prior to the redemption conditions being met, and there are no plans for future reductions in holdings [7].

Group 1 - The company held its third board meeting on April 17, 2025, with all seven directors present [2][3][4] - The board unanimously approved the proposal not to redeem the "Zhongqi Convertible Bonds" early, with a vote of 7 in favor, 0 against, and 0 abstentions [6] - The decision was made as the company's stock price had met the conditions for early redemption, being above 130% of the conversion price for fifteen consecutive trading days [6][20] Group 2 - The company will not exercise its right to redeem the bonds early for three months following the board's decision, from April 18 to July 17, 2025 [6][21] - If the redemption conditions are triggered again after July 17, 2025, the board will convene to decide on the redemption [21][24] - The company has confirmed that there were no transactions involving the bonds by major shareholders or executives in the six months prior to the redemption conditions being met [22]