Core Viewpoint - The announcement highlights the passive dilution of shareholding percentages for major shareholders due to the conversion of convertible bonds into shares, affecting their voting rights and overall governance structure of the company [1][2]. Summary by Sections Basic Situation of Equity Change - The company issued 5.4 million convertible bonds with a total value of 540 million RMB, which began trading on April 25, 2023, and started conversion on September 11, 2023 [1]. - The conversion of these bonds has led to a passive dilution of shareholding percentages for major shareholders, including the controlling shareholder, Guangdong Xingkong Technology Equipment Co., Ltd. [1][2]. Shareholding Changes - As of July 21, 2025, the total share capital of the company was 183,023,996 shares, which increased to 185,416,404 shares by August 20, 2025, following the conversion of 797,263 shares from the convertible bonds [2]. - The controlling shareholder's stake decreased from 28.43% to 27.94% due to this dilution, while another major shareholder's stake was reported at 18.02% [2][5]. Specific Changes in Major Shareholders - The announcement details the changes in shareholding for major shareholders, including Guangdong Xingkong Technology and its associated parties, which experienced a combined reduction of 0.49% in their shareholding due to the bond conversion [3][4]. - The report also indicates that Hainan Yuminghua and other associated parties have reduced their holdings, contributing to an overall decrease in voting rights [4][5]. Compliance and Regulatory Notes - The company assures compliance with relevant securities laws and regulations, confirming that the changes in shareholding do not violate any legal provisions [6]. - The announcement includes a note on the agreement regarding the waiver of voting rights for certain shares held by Hainan Yuminghua, which is part of a broader strategy to stabilize control [6].

证券代码：001212 证券简称：中旗新材 公告编号：2025-075 可转换公司债券（以下简称"可转债"）"中旗转债"转股导致公司总股本增加， 致使公司 5%以上股东及一致行动人所持有的公司表决权股份比例由 15.10%被 动稀释至 14.91%，触及跨越 5%的整数倍，不涉及持股数量及有表决权股份数量 发生变化。 转债代码：127081 债券简称：中旗转债 广东中旗新材料股份有限公司 关于 5%以上股东及一致行动人因可转债转股权益比例被动 稀释跨越 5%整数倍的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 响公司的治理结构和持续经营。 公司因可转债转股，导致持股 5%以上股东周军先生、海南羽明华创业投资 有限公司（以下简称"海南羽明华"）及一致行动人熊宏文先生合计持有公司有 表决权股份比例被动稀释触及跨越 5%的整数倍，现将有关情况公告如下： 一、本次权益变动的基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准广东中 旗新材料股份有限公司公开发行可转换公司债券的批复》（证监许可〔2023〕249 号）核准，公司 ...

Core Viewpoint - The China Convertible Bond Index experienced a decline of 0.17% on August 20, closing at 479.59 points, indicating a mixed performance in the convertible bond market [1] Group 1: Market Performance - The top five declining convertible bonds were Xinzhiyuan Convertible Bond, Mingdian Convertible Bond, Zhongqi Convertible Bond, Huahong Convertible Bond, and Taifu Convertible Bond, with declines of 6.75%, 5.01%, 4.91%, 4.74%, and 4.54% respectively [1] - Conversely, the top five gaining convertible bonds were Dongshi Convertible Bond, Songyuan Convertible Bond, Jinlun Convertible Bond, Jincopper Convertible Bond, and Tianjian Convertible Bond, with increases of 20.00%, 13.32%, 11.57%, 8.71%, and 6.13% respectively [1]

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]

证券代码：001212 证券简称：中旗新材 公告编号：2025-069 转债代码：127081 债券简称：中旗转债 表决结果：7 票赞成，0 票反对，0 票弃权。 本次募集资金投资项目重新论证并暂缓实施是公司根据自身发展需要和行 业发展趋势，结合公司战略规划做出的谨慎决定，不存在未经股东会通过即改变 或变相改变募集资金投向和损害股东利益的情形。董事会同意对"年产 1 万吨半 导体级、光伏坩埚用高纯砂项目"重新论证并暂缓实施。 次会议通知于 2025 年 8 月 6 日以口头通知、电话通知及书面送达的方式发出。 决方式召开。 二、董事会会议审议情况 表决结果：7 票赞成，0 票反对，0 票弃权。 自 2025 年 7 月 18 日至 2025 年 8 月 7 日，公司股票价格已有十五个交易日 的收盘价不低于公司公开发行可转换公司债券当期转股价格（即 14.76 元/股）的 司债券募集说明书》的约定，已触发"中旗转债"有条件赎回条款。结合当前市 场环境和公司的实际发展情况，董事会决定本次不行使"中旗转债"提前赎回权 利。同时根据中国证券监督管理委员会《可转换公司债券管理办法》及深圳证券 交易所相关要求，自本次董事 ...

Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "Zhongqi Convertible Bonds," despite triggering the redemption conditions due to the stock price exceeding 130% of the conversion price [1][2][7]. Group 1: Convertible Bond Issuance and Redemption - The company issued 5.4 million convertible bonds on March 3, 2023, with a total value of 540 million RMB and a maturity of six years [2][3]. - The initial conversion price was set at 30.27 RMB per share, which was adjusted to 30.17 RMB on June 16, 2023, and further adjusted to 30.02 RMB on June 7, 2024, and finally to 20.70 RMB on July 11, 2024, before being set to 14.76 RMB on May 29, 2025 [3][4][5]. - The redemption conditions were triggered as the stock price was above 19.188 RMB (130% of the conversion price) for at least 15 trading days from July 18 to August 7, 2025 [6][7]. Group 2: Board Decisions and Future Actions - The board of directors convened on August 7, 2025, and resolved not to exercise the early redemption rights, considering the current market conditions and the company's situation [2][7]. - The company will not exercise the early redemption rights for three months following the board's decision, from August 8 to November 7, 2025, even if the redemption conditions are met again [7]. - There have been no transactions in "Zhongqi 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 [8]. Group 3: Compliance and Opinions - The underwriting institution, Minsheng Securities, confirmed that the decision not to redeem the bonds early was made following necessary procedures and complies with relevant regulations [9].

Summary of Key Points Core Viewpoint - The article discusses recent developments in convertible bonds, including shareholder reduction plans, strong redemptions, and new listings on the North Exchange. Group 1: Shareholder Actions - Lino Pharmaceutical's shareholders plan to reduce their holdings by no more than 3.61% of the company's shares [1]. Group 2: Convertible Bonds - Strong redemptions are noted for Haopeng Convertible Bond and Dongcai Convertible Bond, while Zhongqi Convertible Bond will not undergo strong redemption [1]. - Several convertible bonds, including Yirui, Jiayuan, and Jinggong, will not undergo adjustments [1]. - The last trading day for Hexing Convertible Bond is set for August 12, 2025 [1]. Group 3: New Listings - Hongyuan Co., Ltd. will have its new shares available for subscription on August 11, 2023, on the North Exchange [1]. - Youli Intelligent and two South Data Center REITs have been listed [1]. Group 4: Convertible Bond Data - A detailed table of convertible bonds includes information such as current price, redemption price, last trading day, conversion value, remaining scale, and the proportion of convertible bonds to the underlying stock [1][4][6]. - For example, the current price of Hexing Convertible Bond is 111.701, with a redemption price of 110.000 and a last trading day of August 12, 2025 [4].

Group 1 - Fangyuan Co. plans to reduce its repurchased shares by 3,320,000 shares, which accounts for 0.65% of the total share capital, to supplement its working capital [1] - Kangtai Medical's shareholders intend to reduce their holdings by no more than 3.59% of the company's shares [1] - Zhigao Machinery is listed for new share subscription on the Beijing Stock Exchange [1] Group 2 - Convertible bond data includes various bonds with their current prices, redemption prices, last trading dates, last conversion dates, conversion values, remaining scales, and the proportion of convertible bonds to the underlying stocks [2][4][6] - Notable convertible bonds include Beilu Convertible Bond with a current price of 133.000 and a conversion value of 134.90, and Zte Convertible Bond with a current price of 163.100 and a conversion value of 164.90 [2] - The remaining scale of several convertible bonds varies, with some having a significant proportion of the underlying stock, such as Hongfeng Convertible Bond at 7.95% [6]

Core Viewpoint - The company, Guangdong Zhongqi New Materials Co., Ltd., has announced that its convertible bond, "Zhongqi Convertible Bond," is expected to trigger redemption conditions due to the stock price exceeding 130% of the current conversion price for nine consecutive trading days [1][6]. Summary by Sections Convertible Bond Issuance and Listing - The company issued 5.4 million convertible bonds on March 3, 2023, with a total value of 540 million yuan and a maturity of six years [1][2]. - The bonds were listed on the Shenzhen Stock Exchange on April 25, 2023, under the name "Zhongqi Convertible Bond" and code "127081" [2]. Conversion Period and Price Adjustments - The conversion period for the bonds is from September 11, 2023, to March 2, 2029 [2]. - The initial conversion price was set at 30.27 yuan per share, which has been adjusted multiple times, with the latest adjustment bringing it down to 14.76 yuan per share effective from May 29, 2025 [3][5]. Conditional Redemption Terms - The company has outlined conditional redemption terms in its prospectus, allowing for redemption if the stock price remains above 130% of the conversion price for at least 15 out of 30 trading days or if the remaining unconverted bonds are less than 30 million yuan [6]. - The company has the authority to decide on the redemption of the bonds at face value plus accrued interest if the conditions are met [6]. Potential Trigger for Redemption - From July 18 to July 30, 2025, the company's stock price has been above 19.188 yuan (130% of the conversion price), indicating a potential trigger for the conditional redemption of the "Zhongqi Convertible Bond" [1][6].

Group 1 - The company announced that from July 18, 2025, to July 30, 2025, its stock closing price has been above 130% of the conversion price of "Zhongqi Convertible Bonds," which is 19.188 yuan per share [1] - The potential triggering of the conditional redemption clause for "Zhongqi Convertible Bonds" is anticipated due to the stock performance [1] - The company's board of directors has the authority to decide whether to redeem all or part of the unconverted "Zhongqi Convertible Bonds" at face value plus accrued interest [1]