Core Points - The report is prepared by China International Capital Corporation (CICC) regarding the issuance of convertible bonds by Anker Innovations Technology Co., Ltd. [2][4] - The convertible bonds, named "Anker Convertible Bonds," have a total issuance size of RMB 1,104.82 million, with a face value of RMB 100 per bond [4][5]. - The bonds have a maturity period of six years, from June 16, 2025, to June 15, 2031, with a tiered interest rate structure [3][5]. Bond Details - The interest rates for the bonds are set at 0.2% for the first year, 0.4% for the second year, 0.6% for the third year, 1.5% for the fourth year, 1.8% for the fifth year, and 2.0% for the sixth year [3][5]. - The bonds will pay interest annually, with the first interest payment occurring on June 16, 2026 [5][6]. - The initial conversion price for the bonds is set at RMB 111.94 per share, which has been adjusted to RMB 111.28 per share following the issuance of new shares [6][9]. Approval and Regulatory Compliance - The bond issuance was approved by the company's board of directors and shareholders, and it received regulatory approval from the China Securities Regulatory Commission (CSRC) on January 24, 2025 [2][4]. - The bonds are rated AA+ by Zhongceng Pengyuan Credit Rating Co., Ltd., with a stable outlook [6][9]. Management and Oversight - CICC acts as the sponsor, lead underwriter, and trustee for the bond issuance, ensuring the protection of bondholders' rights [2][4]. - The report emphasizes the importance of monitoring significant events that may impact bondholders' interests [2][4].