Group 1 - The company Petpal Nutrition Technology Co., Ltd. issued convertible bonds with a total face value of up to RMB 720 million, with a net fundraising amount of RMB 711.86 million after deducting related fees [2][14]. - The bonds are named "Petty Convertible Bonds" and were approved by the board and shareholders in 2021, with trading commencing on January 21, 2022 [1][2]. - The bonds have a six-year term, with an annual interest rate that increases from 0.4% in the first year to 2.5% in the sixth year [3][4]. Group 2 - The initial conversion price for the bonds is set at RMB 19.92 per share, with provisions for adjustments based on stock dividends and other corporate actions [5][6]. - The company has the right to redeem the bonds at 115% of the face value after five trading days following maturity, or if certain stock price conditions are met [8][9]. - The company plans to use the raised funds for projects including a high-quality pet wet food project in New Zealand and a new pet food production project, with a total investment of RMB 84.46 million [11][14]. Group 3 - The company reported a revenue of RMB 1.66 billion in 2024, a 17.56% increase from the previous year, with a net profit attributable to shareholders of RMB 182.21 million [13]. - The company’s total assets reached RMB 2.99 billion by the end of 2024, reflecting a 2.01% increase from the previous year [13]. - The company has a credit rating of AA- from Zhongceng Pengyuan, indicating stable creditworthiness [12][26].