Group 1 - The company's stock (300486) experienced a cumulative deviation of 31.41% over three consecutive trading days, indicating abnormal trading conditions [1] - The company issued 5.7 million convertible bonds (code: 123162) with a total fundraising amount of 570 million RMB, which began trading on November 4, 2022 [1][2] - The current conversion price for the convertible bonds is set at 8.05 RMB per share, with the conversion period running from April 20, 2023, to October 13, 2028 [2] Group 2 - The company conducted a comprehensive self-examination regarding the abnormal fluctuations in stock and convertible bonds, confirming that there have been no significant changes in its main business operations, market environment, or production costs [2] - The company signed a fund share transfer agreement to transfer 99% of its fund shares in Zibo Zhanzheng to Hainan Heping Investment Co., Ltd. for a transaction price of 1.62 billion RMB, with the actual controller changing to Han Yongguang [3] - The company’s stock price has remained above 130% of the convertible bond's conversion price for 15 trading days from July 30, 2025, to August 19, 2025 [4] Group 3 - The company’s board of directors approved a proposal for the early redemption of the convertible bonds to reduce interest expenses and improve capital efficiency [5]