登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002806 证券简称：华锋股份 公告编号：2025-065 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到证监会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 非标准审计意见提示 □适用 √不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 √不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 √不适用 公司是否需追溯调整或重述以前年度会计数据 □是 √否 ■ 3、公司股东数量及持股情况 单位：股 □适用 √不适用 4、控股股东或实际控制人变更情况 控股股东报告期内变更 二、公司基本情况 1、公司简介 ■ 2、主要会计数据和财务指标 □适用 √不适用 公司报告期控股股东未发生变更。 实际控制人报告期内变更 □适用 √不适用 ■■ 持股5%以上股东、前10名股东及前10名无限售流通股股东参与转融通业务出借股份情况 □适用 √不适用 前10名股东及前10名无限售流通股股东因转 ...

Summary of Key Points Core Viewpoint The announcement details the redemption of "HuaFeng Convertible Bonds" (华锋转债) by Guangdong HuaFeng New Energy Technology Co., Ltd., including the conditions for redemption, the redemption price, and the subsequent delisting of the bonds from the Shenzhen Stock Exchange. Group 1: Convertible Bond Issuance and Listing - The company issued 3.524 million convertible bonds with a total value of 352.40 million yuan, each with a face value of 100 yuan, approved by the China Securities Regulatory Commission on December 4, 2019 [2][22]. - The bonds were listed on the Shenzhen Stock Exchange on January 6, 2020, under the name "HuaFeng Convertible Bonds" with the code "128082.SZ" [3][25]. - The conversion period for the bonds is from June 10, 2020, to December 3, 2025 [4][25]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 13.17 yuan per share, which was adjusted to 13.09 yuan on May 29, 2020, and further reduced to 11.71 yuan on July 2, 2020 [5][26]. - Subsequent adjustments brought the conversion price down to 9.13 yuan on March 23, 2021, and finally to 8.70 yuan on July 10, 2024 [6][7][26]. Group 3: Redemption Conditions and Implementation - The redemption was triggered as the stock price exceeded 130% of the current conversion price (11.31 yuan) for at least 15 trading days between June 9 and June 27, 2025 [7][27]. - The board approved the early redemption of the bonds on June 27, 2025, allowing for the redemption of all unconverted bonds at their face value plus accrued interest [7][27]. Group 4: Redemption Price and Payment - The redemption price is set at 101.764 yuan per bond, which includes accrued interest calculated based on a 2.80% annual interest rate [10][30]. - A total of 4,181 bonds will be redeemed, amounting to a total payment of 425,475.13 yuan, excluding redemption fees [16][35]. Group 5: Delisting and Share Capital Structure - Following the redemption, the bonds will be delisted from the Shenzhen Stock Exchange on July 30, 2025 [18][36]. - The total share capital increased by 39,420,343 shares due to the conversion of bonds, which may dilute earnings per share in the short term [17][19].

Core Viewpoint - The announcement details the passive dilution of the shareholding percentage of the controlling shareholder, Ms. Tan Guoying, due to the conversion of convertible bonds, resulting in her shareholding falling below a 1% integer multiple threshold [1][2]. Group 1: Shareholding Changes - Ms. Tan Guoying's shareholding was 42,800,720 shares, representing 22.61% of the total share capital as of December 15, 2022 [2]. - Following the conversion of convertible bonds, the total share capital increased from 189,293,570 shares to 205,402,720 shares by July 15, 2025, while Ms. Tan's shareholding remained unchanged [2]. - Consequently, her shareholding percentage decreased to 20.84%, marking a passive dilution of 1.77% [2]. Group 2: Compliance and Legal Framework - The announcement confirms that the changes comply with the relevant laws and regulations, including the Securities Law and the Management Measures for Listed Company Acquisitions [3]. - There are no violations of the regulations or rules governing the shareholding changes [3].

New Stock Listings - Huadian New Energy (600930) listed at an issue price of 3.18 on July 16, 2025[1] - Zhongcheng Tui (300208) has 2 trading days remaining until the last trading day[1] - Tui Shi Jin Gang (600190) also has 2 trading days remaining until the last trading day[1] Abnormal Fluctuations - Huayin Power (600744) reported severe abnormal fluctuations on July 15, 2025[1] - Changcheng Military Industry (601606) announced abnormal fluctuations on July 15, 2025[1] - ST Yanzhen (603389) reported abnormal fluctuations on July 16, 2025[1] Other Notable Announcements - ST Ya Zhen (000627) reported significant fluctuations with a value of 7189 on July 16, 2025[3] - Guosheng Technology (603778) reported fluctuations with a value of 3370 on July 15, 2025[3] - ST Xin Chao (600777) reported fluctuations with a value of 1008 on July 11, 2025[3]

Core Viewpoint - Three convertible bonds, Z南银转, Z陵转债, and Z恒转债, are facing their last trading day on July 14, with significant potential losses if not sold or converted before the redemption date [1][5][13]. Group 1: Z南银转 - Z南银转's closing price is 145.56 yuan, with a redemption price of 100.1537 yuan [2][3]. - If not sold or converted, investors could face a loss of 31.19% based on the current price [1][5]. Group 2: Z陵转债 - Z陵转债's closing price is 124.003 yuan, with a redemption price of 101.726 yuan [8][9]. - Investors could incur a loss of 18.77% if they do not act before the redemption [1]. Group 3: Z恒转债 - Z恒转债's closing price is 133.803 yuan, with a redemption price of 101.397 yuan [1]. - A potential loss of 24.97% is expected if investors do not sell or convert [1]. Group 4: Market Context - The market has seen an increase in convertible bonds triggering redemption clauses, with many companies announcing strong redemptions [13]. - Investors are advised to act promptly to avoid significant losses, as the price difference between market trading and redemption can be substantial [13].

Core Viewpoint - Three convertible bonds, Z Nan Yin (南银转债), Z Ling (陵转债), and Z Heng (恒转债), are approaching their last trading day on July 14, with significant potential losses if not sold or converted before the redemption price is enforced [2][6][17]. Summary by Sections Z Nan Yin Convertible Bond - Z Nan Yin's last trading day is July 14, with a closing price of 145.56 yuan and a redemption price of 100.1537 yuan [3][4]. - If not sold or converted, investors could face a loss of approximately 31.19% based on current prices [2]. Z Ling Convertible Bond - Z Ling's last trading day is also July 14, with a closing price of 124.003 yuan and a redemption price of 101.726 yuan [9][11]. - Investors risk a loss of about 18.77% if they do not act before the redemption [2]. Z Heng Convertible Bond - Z Heng's last trading day is July 14, with a closing price of 133.803 yuan and a redemption price of 101.397 yuan [13][14]. - The potential loss for investors not selling or converting is around 24.97% [2]. Market Context - The recent market recovery has led to an increase in convertible bonds triggering redemption clauses, with many companies announcing strong redemptions [17]. - Investors are advised to act promptly to avoid significant losses, as the redemption prices are generally lower than current market prices [17].

Group 1 - The A-share market is recovering, but the convertible bond market is facing challenges with frequent strong redemption alerts [1][3] - From July 10 to July 31, nine convertible bonds will have redemption registration dates, posing significant risks for holders who do not act in time [1] - For instance, the Jin Dan Convertible Bond and Tian Yang Convertible Bond could lead to losses of nearly 50% if not converted by the last operation day on July 10 [1][3] Group 2 - The strong redemption frequency is attributed to the continuous rise in stock prices of listed companies [1] - Tian Yang Technology's stock price has remained above 130% of the conversion price for 15 consecutive trading days, triggering conditional redemption clauses [1] - Investors have two options when facing strong redemption: sell the convertible bonds or convert them into stocks, with the latter changing the trading rules from "T+0" to "T+1" [3] Group 3 - Other convertible bonds like Nan Yin, Hua Feng, and Guan Sheng are also set to exit the market, with Guan Sheng Convertible Bond potentially leading to losses exceeding 50% if not acted upon [3] - The occurrence of strong redemptions serves as a reminder for investors to closely monitor announcements related to their holdings, especially as redemption registration dates approach [3]

Group 1 - The China Securities Convertible Bond Index opened up by 0.02% [1] - Huafeng Convertible Bond rose over 4%, while Saili Convertible Bond increased by over 2% [1] - Other notable increases include Keshun Convertible Bond, Jincheng Convertible Bond, Ruida Convertible Bond, and Jiayi Convertible Bond, each rising over 1% [1] Group 2 - Yingji Convertible Bond fell by over 2%, with Zai22 Convertible Bond and Beilu Convertible Bond also declining by over 1% [1]

Core Viewpoint - The company has decided to exercise its right for early redemption of the "HuaFeng Convertible Bonds" due to the stock price meeting the necessary conditions for redemption [2][5]. Group 1: Convertible Bond Overview - The company issued 3,524,000 convertible bonds on December 4, 2019, with a total value of 352.40 million yuan, at a face value of 100 yuan each [2]. - The bonds were listed on the Shenzhen Stock Exchange on January 6, 2020, under the name "HuaFeng Convertible Bonds" and code "128082.SZ" [2]. - The initial conversion price was set at 13.17 yuan per share, which has been adjusted multiple times due to corporate actions [3][4]. Group 2: Redemption Conditions - The redemption was triggered as the stock price was above 130% of the current conversion price (8.70 yuan) for fifteen consecutive trading days [5]. - The board of directors approved the early redemption on June 27, 2025, and authorized management to handle all related matters [5][6]. Group 3: Redemption Price and Process - The redemption price is set at 101.764 yuan per bond, which includes accrued interest [6]. - The accrued interest is calculated based on the formula: IA = B × i × t ÷ 365, where IA is the accrued interest, B is the total face value of the bonds, i is the annual coupon rate, and t is the number of days [6]. - The redemption will be executed for all bonds not converted by the redemption registration date of July 21, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange after redemption [7][8]. Group 4: Additional Information - The company confirmed that there were no transactions of the convertible bonds by major shareholders or executives in the six months prior to the redemption conditions being met [8]. - Holders wishing to convert their bonds must do so through their custodial securities company, with a minimum conversion unit of one bond [9].

Group 1 - The China Securities Convertible Bond Index closed up 0.35% at 443.65, with a trading volume of 54.39 billion [1] - Jingrui Convertible Bond rose over 10%, while Quanfeng Convertible Bond increased by more than 8%, and both Diou and Tianyuan Convertible Bonds saw gains exceeding 6% [1] - Sanyang Convertible Bond fell over 9%, and both Zhite and Huafeng Convertible Bonds declined by more than 3% [1]