Key Points - The company announced the conversion of convertible bonds and the results of the 2021 stock incentive plan, indicating minimal activity in both areas [1][2][4] - As of June 30, 2025, a total of 602,913 shares were converted from the "Yonghe Convertible Bonds," representing 0.1593% of the total shares before conversion, with an outstanding convertible bond amount of 785,619,000.00 yuan, accounting for 98.2024% of the total issuance [1][4] - The stock option exercise results for the 2021 incentive plan showed no shares were exercised in the second quarter of 2025, with a cumulative total of 0 shares exercised as of June 30, 2025, representing 0.00% of the total exercisable amount [1][10][12] - The initial conversion price of the "Yonghe Convertible Bonds" was adjusted multiple times, with the latest adjustment bringing it down to 19.68 yuan per share as of June 13, 2025 [2][4] - The company’s total share capital before the changes was 470,492,025 shares, which decreased to 470,490,376 shares after accounting for the conversion and other adjustments [12][13]

Core Viewpoint - The announcement details the conversion of convertible bonds and the results of the stock option incentive plan for Haowei Integrated Circuit (Group) Co., Ltd, highlighting the low conversion rate of bonds and the significant participation in the stock option plan [1]. Convertible Bond Conversion Situation - As of June 30, 2025, a total of 7,535,000 CNY of "Weier Convertible Bonds" have been converted into company shares, resulting in 34,651 shares, which is 0.004% of the total shares before conversion [1]. - In Q2 2025, the conversion amount was 250,000 CNY, leading to 1,538 shares being formed [1]. - The remaining unconverted "Weier Convertible Bonds" amount to 2,432,461,000 CNY, representing 99.69% of the total issuance [1]. Stock Option Incentive Plan - The stock option incentive plan was approved on September 15, 2023, with 2,126 individuals granted a total of 12,280,000 stock options [3]. - By Q2 2025, 77.80% of the total options were exercised, with 220,823 shares being issued from the plan [5]. - The stock options' exercise price was adjusted to 78.63 CNY per share following the mid-term profit distribution in 2024 [4].