Group 1 - The China Convertible Bond Index closed down 0.08% at 460.63 points on July 30 [1] - Qizheng Convertible Bond increased by 12.40%, Sheyan Convertible Bond rose by 8.14%, and Punaite Convertible Bond gained 6.03% [1] - Tongguang Convertible Bond fell by 8.82%, Haoyuan Convertible Bond decreased by 7.28%, and Bojun Convertible Bond dropped by 6.04% [1]

Group 1 - The core viewpoint of the news highlights the performance and characteristics of the convertible bond issued by Bojun Technology, which has seen a price increase and a specific conversion rate [1] - Bojun Technology's convertible bond has a credit rating of "A+" and a maturity period of 6 years, with varying interest rates over the years [1] - The bond's conversion price is set at 16.68 yuan, with the conversion starting on March 14, 2024, indicating a strategic financial instrument for investors [1] Group 2 - Bojun Technology, established in 2011, is a dynamic and innovative large-scale manufacturer of automotive molds and components, focusing on quality and rapid development [2] - The company has developed a range of automotive welding components, emphasizing technological research and innovation, and holds multiple patents [2] - For the first quarter of 2025, Bojun Technology reported a revenue of 1.0997 billion yuan, a year-on-year increase of 37.78%, and a net profit of 149.3 million yuan, up 47.98% [2] - As of March 2025, the concentration of shareholding is significant, with the top ten shareholders holding 76.24% of shares, indicating strong investor confidence [2]

Group 1 - The core viewpoint of the news highlights the performance and characteristics of the convertible bond issued by Bojun Technology, which has seen a price increase and a specific conversion premium rate [1] - Bojun Technology's convertible bond has a credit rating of "A+" and a maturity period of 6 years with varying interest rates over the years [1] - The bond can be converted into common stock at a price of 16.68 yuan starting from March 14, 2024, indicating its dual nature as both a debt and equity instrument [1] Group 2 - Bojun Technology, established in 2011, is a dynamic and innovative large-scale manufacturer of automotive molds and components, focusing on quality and rapid development [2] - The company has developed a range of automotive welding components, emphasizing its commitment to technological research and innovation, with several patents and recognitions [2] - In the first quarter of 2025, Bojun Technology reported a revenue of 1.0997 billion yuan, a year-on-year increase of 37.78%, and a net profit of 149.3 million yuan, reflecting a 47.98% increase [2] - The concentration of shareholding is notable, with the top ten shareholders holding 76.24% of the shares, indicating a strong ownership structure [2]

Group 1 - The core viewpoint of the news highlights the performance and characteristics of Bojun Technology's convertible bonds and its financial results for early 2025 [1][2] - Bojun Technology's convertible bonds experienced a decline of 2.06%, trading at 169.282 yuan per bond, with a transaction volume of 30.44 million yuan and a conversion premium rate of 8.73% [1] - The convertible bonds have a credit rating of "A+" and a maturity period of 6 years, with specific interest rates for each year [1] Group 2 - Bojun Technology, established in 2011, is a dynamic and innovative large-scale manufacturer of automotive molds and components, focusing on quality and rapid development [2] - The company has developed a range of automotive welding components, including body, dashboard skeletons, door systems, steering systems, and more, achieving leading levels in technology research and development [2] - For the first quarter of 2025, Bojun Technology reported a revenue of 1.0997 billion yuan, a year-on-year increase of 37.78%, and a net profit of 149.3 million yuan, up 47.98% year-on-year [2] - As of March 2025, the concentration of shareholding in Bojun Technology is relatively high, with the top ten shareholders holding a combined 76.24% of shares [2]

Group 1 - The China Convertible Bond Index opened up by 0.04% [1] - Kenen Convertible Bond and Bojun Convertible Bond rose over 3% [1] - Jinling Convertible Bond and Baiyang Convertible Bond increased by more than 2% [1] Group 2 - Dongshi Convertible Bond fell by over 3% [1] - Jinjiji Convertible Bond and Mengsheng Convertible Bond declined by more than 1% [1]

Group 1 - The Zhongzheng Convertible Bond Index opened lower by 0.04% [1] - Bojun Convertible Bond increased by nearly 4% [1] - Borui Convertible Bond rose over 3% [1] Group 2 - Outong Convertible Bond and Jiemei Convertible Bond both increased by over 2% [1] - Hongqiang Convertible Bond and Jing23 Convertible Bond fell nearly 2% [1]

Core Viewpoint - Jiangsu Bojun Industrial Technology Co., Ltd. has decided not to exercise the early redemption rights of its convertible bonds, despite triggering the conditional redemption clause due to stock price performance [2][8]. Group 1: Convertible Bond Basic Information - The company issued 5,000,000 convertible bonds on September 8, 2023, with a total fundraising amount of RMB 50 million, netting RMB 49.27324 million after expenses [3]. - The convertible bonds were listed on the Shenzhen Stock Exchange on September 28, 2023, under the name "Bojun Convertible Bonds" and code "123222" [4]. - The conversion period for the bonds starts on March 14, 2024, and ends on September 7, 2029 [5]. Group 2: Conditional Redemption Clause - The conditional redemption clause allows the company to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days [7]. - From April 28 to May 21, 2025, the company's stock price met the condition, triggering the redemption clause with a price of RMB 21.52 per share [7]. Group 3: Decision on Early Redemption - On May 21, 2025, the board of directors decided not to exercise the early redemption rights, considering market conditions and the interests of bondholders [8]. - The company will not redeem the bonds for the next six months, even if the redemption conditions are met again [8]. Group 4: Shareholder Transactions - The company confirmed that major shareholders and executives did not trade the convertible bonds in the six months prior to the redemption condition being met [9]. - There are currently no plans for these stakeholders to reduce their holdings in the convertible bonds in the next six months [9]. Group 5: Sponsor's Verification Opinion - The sponsor, Dongfang Securities Co., Ltd., confirmed that the decision not to redeem the bonds was made following necessary procedures and complies with relevant regulations [10].

Group 1 - The company announced an adjustment to the conversion price of its convertible bonds, "Bo Jun Convertible Bonds" [1][2] - The company issued 5,000,000 convertible bonds on September 8, 2023, with a total fundraising amount of RMB 500 million [1] - The adjustment formula for the conversion price is specified, which includes factors such as stock dividends, capital increases, and cash dividends [1][2] Group 2 - The conversion price was adjusted from RMB 16.55 per share to RMB 16.68 per share due to the issuance of 14,684,287 new shares at a price of RMB 20.43 per share [2][4] - The adjusted conversion price will take effect from May 22, 2025 [4] - The total share capital before the issuance was 419,432,601 shares, as per the company's records [3]