Market Overview - The China Convertible Bond Index rose by 2.17%, closing at 479.0, with a trading volume of 83.321 billion yuan [1] - A total of 436 convertible bonds were traded, with 423 increasing in value, 0 remaining flat, and 13 declining [1] Top Performing Convertible Bonds - The top five performing convertible bonds included: - Huiche Tui Debt (404004) increased by 28.74% - Xizi Convertible Bond (127052) rose by 16.33% - Qianglian Convertible Bond (123161) gained 14.53% - Zhenhua Convertible Bond increased by 11.97% - Enjie Convertible Bond rose by 10.98% [2][5] Underperforming Convertible Bonds - The five convertible bonds with the largest declines were: - Zhonglu Convertible Bond (123155) decreased by 8.00% - Dayuan Convertible Bond (113664) fell by 4.06% - Dongjie Convertible Bond (123162) dropped by 3.51% - Tianlu Convertible Bond declined by 1.01% - Hengshuai Convertible Bond decreased by 0.89% [3][5] Corresponding Stock Performance - Among the convertible bonds, 391 corresponding stocks rose, 7 remained flat, and 38 declined [1] - Notable stock performances included: - New Qianglian stock increased by 16.62%, corresponding to Qianglian Convertible Bond's 14.53% rise - Yiwai Lithium Energy stock rose by 16.59%, corresponding to Yiwai Convertible Bond's 7.04% increase - Zhonghuan Hailu stock dropped by 20.00%, corresponding to Zhonglu Convertible Bond's 8.00% decline [4][6]

Core Viewpoint - Zhonghuan Hailu (301040.SZ) resumed trading with a 20% limit down at 31.68 yuan, with a transaction volume of 18.02 million yuan, resulting in a market capitalization of 3.168 billion yuan. The company announced the termination of the control change due to a lack of agreement between the controlling shareholder and the counterparty regarding future development arrangements [1]. Summary by Relevant Sections - Stock Performance - The stock resumed trading at a 20% limit down, priced at 31.68 yuan [1]. - The trading volume was 18.02 million yuan, leading to a market capitalization of 3.168 billion yuan [1]. - Corporate Governance - The company decided to terminate the control change matter after discussions among relevant parties, indicating a lack of consensus on future development plans [1]. - Regulatory Compliance - The company applied to the Shenzhen Stock Exchange for the resumption of trading and convertible bonds, ensuring fair information disclosure to protect investor interests [1].

中国经济网北京9月5日讯 中环海陆（301040.SZ）今日一字跌停，截至发稿时报31.68元，跌幅 20.00%。 中环海陆昨晚发布关于终止筹划公司控制权变更事项暨复牌的公告。公司股票（股票简称：中环海 陆，股票代码：301040）及可转换公司债券（债券简称：中陆转债，债券代码：123155）自2025年9 月5日（星期五）开市起复牌。公司可转换公司债券"中陆转债"恢复转股。 公司收到公司控股股东、实际控制人吴君三的通知，截至公告披露日，由于公司控股股东、实际控 制人吴君三与交易对方就公司未来发展安排未达成一致意见，经相关方协商一致，本着审慎的原则，决 定终止本次控制权变更事项。 中环海陆上市发行费用为5888.02万元，其中民生证券股份有限公司获得保荐及承销费用4000.00 万元。 经中国证券监督管理委员会"证监许可[2022]1499号"文核准，公司于2022年8月向不特定对象公开 发行面值总额为36,000.00万元的可转换公司债券，每张面值为人民币100元，共360.00万张，期限为6 年。公司本次共募集资金360,000,000.00元，扣除相关的发行费用10,797,141.51元(不含增值税 ...

Group 1 - The China Convertible Bond Index rose by 1.51% to 475.93 points on September 5 [1] - Notable gainers included Xizi Convertible Bond, Qianglian Convertible Bond, Enjie Convertible Bond, Yaoki Convertible Bond, and Jingzhuang Convertible Bond, with increases of 12.53%, 9.30%, 7.84%, 6.44%, and 6.40% respectively [1] - Significant decliners included Zhonglu Convertible Bond, Dayuan Convertible Bond, Tianlu Convertible Bond, Sheyan Convertible Bond, and Dongjie Convertible Bond, with decreases of 10.22%, 3.14%, 1.63%, 1.20%, and 0.90% respectively [1]

Market Overview - The A-share market showed mixed performance on September 5, with the Shanghai Composite Index up 0.04%, the Shenzhen Component Index up 1.42%, and the ChiNext Index up 2.55% [1] - In the Hong Kong market, major indices experienced fluctuations, with companies like Midea Group, SMIC, and Li Auto each rising over 2% [2] Lithium and Solid-State Battery Sector - Solid-state battery concept stocks surged, with Jin Yinhe achieving a 20% limit up within one minute of opening, while companies like Xian Dao Intelligent and Xin Yu Ren also saw significant gains [3] - Tianhong Lithium Battery reached a 30% limit up, with other companies such as Guanghua Technology and Duofluoride also hitting their upper limits [3] - The Ministry of Industry and Information Technology and the State Administration for Market Regulation released a plan for the electronic information manufacturing industry, aiming for revenue scale and export ratios to maintain the top position among 41 industrial categories by 2026 [3] Company-Specific News - Zhonghuan Hailu experienced a 20% limit down on September 5, closing at 31.68 yuan per share, following the announcement of the termination of its control change plan due to disagreements with the controlling shareholder [4] - Zhonghuan Hailu stated that the termination of the control change will not adversely affect its operations or future development strategy [4] - The company specializes in the research, production, and sales of industrial metal forgings, with applications in wind power, engineering machinery, mining machinery, and nuclear power [4]

（编辑 任世碧） 证券日报网讯 9月4日晚间，中环海陆发布公告称，公司收到公司控股股东、实际控制人吴君三先生的 通知，截至本公告披露日，由于公司控股股东、实际控制人吴君三先生与交易对方就公司未来发展安排 未达成一致意见，经相关方协商一致，本着审慎的原则，决定终止本次控制权变更事项。为保证公平信 息披露，维护广大投资者利益，根据相关规定，经公司向深圳证券交易所申请，公司股票（股票简称： 中环海陆，股票代码：301040）及可转换公司债券（债券简称：中陆转债，债券代码：123155）自2025 年9月5日（星期五）开市起复牌。公司可转换公司债券"中陆转债"恢复转股。 ...

Core Viewpoint - The article discusses recent developments in convertible bonds, including proposals for adjustments and new listings, highlighting the dynamics of the market and specific companies involved [1][2]. Group 1: Convertible Bond Adjustments - 蓝帆转债 (Blue Fan Convertible Bond) has proposed a downward adjustment [1][3]. - 垒知转债 (Lezhi Convertible Bond) has decided not to adjust its terms [2][3]. Group 2: Recent Listings and Market Activity - 金威转债 (Jinwei Convertible Bond) is set to be listed on September 8 [2]. - A table of various convertible bonds provides details such as current prices, redemption prices, last trading dates, and conversion values, indicating the market's performance and investor interest [5][7]. Group 3: Specific Convertible Bond Data - The current price of 东材转债 (Dongcai Convertible Bond) is 142.667, with a strong redemption price of 100.805 and a conversion value of 144.49 [5]. - 明电转债 (Mingdian Convertible Bond) has a current price of 149.750, with a conversion value of 151.27 [5]. - 信测转债 (Xince Convertible Bond) is priced at 139.750, with a conversion value of 141.60 [5]. Group 4: Market Insights - The article provides insights into the remaining scale and market capitalization ratios of various convertible bonds, indicating their liquidity and market positioning [5][7].

Group 1 - The company Zhonghuan Hailu (301040) announced on September 1 that its stock and convertible bonds will continue to be suspended from trading starting September 2 due to the planning of a change in control of the company [1] - The suspension period is expected to last no more than three trading days, and during this time, the convertible bond "Zhonglu Convertible Bond" will stop conversion [1] - The controlling shareholder and actual controller, Wu Jun San, is planning matters related to the change of control, which may lead to a change in the company's controlling shareholder and actual controller [1] Group 2 - The company's stock and convertible bonds have been suspended since August 29, with the initial expected suspension period being no more than two trading days [1] - As of the announcement date, all parties involved are actively promoting the transaction, and the overall transaction plan is still under active negotiation and preparation [1] - The company anticipates that it will not be able to resume trading on September 2 as initially planned [1]

Group 1 - The core point of the article is that Zhonghuan Hailu (301040.SZ) is undergoing a potential change in control, as the controlling shareholder and actual controller, Mr. Wu Jun San, is planning to change the company's control [1] - As of the announcement date, all parties involved are actively promoting the transaction, and the overall transaction plan is still under negotiation and preparation [1] - The company has applied for a trading suspension of its stock and convertible bonds starting from September 2, 2025, with an expected suspension period of no more than three trading days [1] Group 2 - During the suspension period, the convertible bonds "Zhonglu Convertible Bonds" will stop conversion [1]

Core Viewpoint - The company Zhonghuan Hailu (301040.SZ) is undergoing a potential change in control, as its controlling shareholder and actual controller, Mr. Wu Jun San, is planning related matters, which may lead to a change in the company's controlling shareholder and actual controller [1] Group 1 - The company's stock and convertible bonds have been suspended from trading since August 29, 2025, due to the ongoing control change discussions [1] - As of the announcement date, all parties involved are actively advancing the transaction, with the overall trading plan still under negotiation [1] - The company anticipates that it will not be able to resume trading on September 2, 2025, and the suspension is expected to last no more than three trading days [1] Group 2 - During the suspension period, the company's convertible bonds, known as "Zhonglu Convertible Bonds," will cease to be convertible [1]