证券日报网讯 9月23日晚间，嘉美包装发布公告称，根据相关规定，"嘉美转债"将在本次权益分派股权 登记日后的第一个交易日，即2025年9月26日起恢复转股。敬请公司可转换公司债券持有人留意。 （文章来源：证券日报） ...

Core Viewpoint - The company announced its 2025 semi-annual profit distribution plan, which includes a cash dividend of RMB 0.200000 per 10 shares for shareholders, excluding repurchased shares [2][4][29]. Group 1: Profit Distribution Announcement - The total share capital of the company is 955,451,508 shares, with 7,081,000 shares held in a repurchase account, which do not participate in the profit distribution [2][4]. - The actual cash dividend total is calculated as 948,370,508 shares multiplied by the distribution ratio of RMB 0.02 per share, resulting in a total of RMB 18,967,410.16 (including tax) [2][11]. - The cash dividend per share after the distribution will be RMB 0.0198517 (including tax), which will be used to adjust the ex-dividend price [2][11][30]. Group 2: Shareholder Meeting and Approval - The profit distribution plan was approved at the 2024 annual shareholder meeting held on May 15, 2025, and subsequently confirmed by the board on September 15, 2025 [3][5][29]. - The distribution will not include stock dividends or capital reserve transfers [4][29]. Group 3: Shareholder and Payment Details - The record date for the distribution is September 25, 2025, and the ex-dividend date is September 26, 2025 [8][9]. - The cash dividends will be directly credited to the shareholders' accounts through the securities custody company on the ex-dividend date [10]. Group 4: Share Buyback and Price Adjustment - The company has adjusted the upper limit for the repurchase price from RMB 4.39 per share to RMB 4.37 per share, effective from the ex-dividend date [28][31]. - The total amount for the share buyback is set between RMB 75 million and RMB 150 million, with the adjusted repurchase price limit impacting the number of shares that can be repurchased [28][32].

Core Viewpoint - The announcement details the fourth-year interest payment for the "Jia Mei Convertible Bonds," which will be paid on August 11, 2025, with a total interest of RMB 15.00 per 10 bonds, including tax [1][2][4]. Group 1: Bond Issuance and Terms - Jia Mei Packaging issued 7,500,000 convertible bonds on August 9, 2021, with a total value of RMB 750 million and a maturity of 6 years [2]. - The annual interest rates for the bonds are set at 1.80% for the fifth year and 2.00% for the sixth year [2][3]. - The interest payment method is annual, with the first payment starting from the issuance date [3]. Group 2: Interest Payment Details - The interest payment date is August 11, 2025, and the record date for bondholders is August 8, 2025 [5]. - The interest for the bonds is calculated based on the formula: I = B × i, where I is the annual interest amount, B is the total face value held, and i is the annual coupon rate [2][3]. - The company will not pay interest to bondholders who convert their bonds into shares before the record date [3][4]. Group 3: Taxation and Payment Process - Individual bondholders are subject to a 20% personal income tax on the interest earned, which will be withheld by the payment agency [5][6]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax on the interest received [6]. - The payment of interest will be managed by China Securities Depository and Clearing Corporation Limited, which will distribute the funds to the designated securities firms [5].

Group 1 - The company held its 17th meeting of the third board of directors on June 20, 2025, with all 9 directors present, complying with relevant laws and regulations [1][2] - The board approved the proposal not to lower the conversion price of the "Jia Mei Convertible Bonds," with a unanimous vote of 9 in favor [1] - The board also approved the adjustment of the company's comprehensive credit application to DBS Bank, again with a unanimous vote of 9 in favor [2]

Core Viewpoint - The company has triggered the downward adjustment clause for its convertible bonds due to stock prices being below 85% of the conversion price for at least 15 out of the last 30 trading days, but the board has decided not to implement the downward adjustment at this time [1][6][7]. Summary of Convertible Bonds - The company issued convertible bonds with a total amount of RMB 750 million, with an initial conversion price set at RMB 4.87 per share [1]. - The conversion price has been adjusted multiple times: from RMB 4.87 to RMB 4.86 on May 30, 2022, then to RMB 4.85 on June 8, 2023, and further down to RMB 4.62 on January 24, 2024, and subsequently to RMB 4.59 on May 28, 2024, and finally to RMB 4.58 on September 6, 2024, and RMB 4.57 on May 27, 2025 [2][3][5][7]. - The company has the right to propose a downward adjustment of the conversion price if the stock price conditions are met, which requires a two-thirds majority approval from shareholders [6]. Decision on Downward Adjustment - The board of directors decided not to proceed with the downward adjustment of the conversion price despite the triggering conditions being met, citing confidence in the company's long-term potential and market conditions [7]. - The company will not propose any downward adjustment for the next six months, from June 30, 2025, to December 29, 2025, even if the conditions are triggered again [7].

Group 1 - The company issued 7,500,000 convertible bonds with a total amount of RMB 750 million, which started trading on September 8, 2021 [1][2] - The initial conversion price for the bonds was set at RMB 4.87 per share, which has undergone several adjustments due to stock price fluctuations [2][3][5] - The company has triggered conditions for a potential downward adjustment of the conversion price, as the stock price has been below 85% of the current conversion price for 10 consecutive trading days [1][8][9] Group 2 - The conversion period for the bonds is from February 14, 2022, to August 8, 2027, allowing bondholders to convert their bonds into shares during this timeframe [2] - The company has outlined specific conditions under which the conversion price can be adjusted downward, requiring approval from shareholders [8][9] - The company is obligated to disclose any decisions regarding the adjustment of the conversion price promptly following board meetings [9]

Group 1 - The company announced an adjustment to the conversion price of its convertible bonds due to a cash dividend distribution [1][2] - The total amount of cash dividends distributed is calculated based on the number of shares participating in the distribution and the distribution ratio, resulting in a total of approximately 9.48 million RMB [3] - The adjusted conversion price after the cash dividend distribution is approximately 4.57 RMB per share, down from the previous price of 4.58 RMB per share [4] Group 2 - The company issued 7.5 million convertible bonds with a total value of 750 million RMB, with a face value of 100 RMB per bond [1] - The conversion period for the bonds is from February 14, 2022, to August 8, 2027, with the new conversion price effective from May 27, 2025 [4] - The company will adjust the conversion price in accordance with relevant regulations whenever there are changes in share capital or shareholder equity [2][3]

Group 1 - The company will implement the 2024 annual equity distribution, during which the convertible bonds (referred to as "Jia Mei Convertible Bonds") will suspend conversion from May 19, 2025, until the registration date for the equity distribution [1][2] - The conversion period for the Jia Mei Convertible Bonds is from February 14, 2022, to August 8, 2027 [1] - After the equity distribution, the conversion of the bonds will resume on the first trading day following the registration date for the equity distribution [1] Group 2 - The adjustment of the conversion price will be based on specific formulas outlined in the company's prospectus, which accounts for stock dividends, capital increases, new share issuances, and cash dividends [2][3] - The formulas for adjusting the conversion price include various scenarios such as stock dividends, capital increases, and cash dividends, ensuring that the conversion price reflects the changes in equity structure [2][3] - The company will announce any adjustments to the conversion price through official channels, ensuring transparency and adherence to regulatory requirements [3][4]