Core Viewpoint - Beijing Infosec Technologies Co., Ltd. is issuing convertible bonds to unspecified investors, with West Securities acting as the sponsor for this issuance [1][3]. Group 1: Issuer and Sponsor Information - The issuer is Beijing Infosec Technologies Co., Ltd., established on August 31, 2001, with a registered capital of 317.15 million RMB [4][5]. - West Securities Co., Ltd. is the sponsor for the issuance, with designated representatives Zhang Suxian and He Si overseeing the project [3][4]. Group 2: Issuance Details - The company plans to raise up to 498 million RMB through the issuance of convertible bonds, which will be used for key technology research and productization projects [15][20]. - The bonds will have a maturity of six years and will be issued at a face value of 100 RMB each [23][30]. Group 3: Compliance and Approval - The issuance complies with the relevant laws and regulations, including the Company Law and Securities Law, and has undergone necessary decision-making procedures [8][11]. - The company has confirmed that it meets the conditions for issuing convertible bonds, including having a sound organizational structure and sufficient average distributable profits to cover interest payments [10][12][18]. Group 4: Financial Health and Use of Proceeds - The average distributable profit over the last three years is reported to be 42.44 million RMB, sufficient to cover the interest on the bonds [10][17]. - The funds raised will strictly be used for the company's main business activities and will not be allocated for loss compensation or non-productive expenditures [16][20].