证券代码：605366 证券简称：宏柏新材 公告编号：2025-089 债券代码：111019 债券简称：宏柏转债 江西宏柏新材料股份有限公司 因公司完成限制性股票回购注销事宜，自2024年7月9日起，"宏柏转债"转股价格由原来的7.51元/股调整 为7.53元/股，具体内容详见公司于2024年7月9日在上海证券交易所网站（www.sse.com.cn）披露的《关 于部分限制性股票回购注销实施完成暨调整"宏柏转债"转股价格的公告》（公告编号：2024-068）。 关于可转债转股结果暨股份变动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 累计转股情况：自可转债转股期起始日至2025年9月30日，"宏柏转债"累计已转股金额为人民币 239,617,000元，累计转股数为43,932,071股，占可转债转股前公司已发行股份总额的比例为7.2150%。 ● 未转股可转债情况：截至2025年9月30日，公司尚未转股的"宏柏转债"金额为人民币720,383,000元， 占"宏柏转债"发行总量的比例为75.039 ...

Group 1 - The company will hold its third extraordinary general meeting of shareholders on September 16, 2025, at 14:30 in the office of Hongbai New Materials Application Center, located in the Tashan Industrial Park, LePing City, Jiangxi Province [1][4] - The voting for the meeting will be conducted through both on-site and online methods, utilizing the Shanghai Stock Exchange's shareholder meeting voting system [4][6] - The record date for shareholders eligible to attend the meeting is September 10, 2025, and shareholders can appoint proxies to attend and vote on their behalf [5][6] Group 2 - The meeting will review several non-cumulative voting proposals, which have already been approved in the board meeting held on August 26, 2025 [4][5] - There are no related shareholders that need to abstain from voting on the proposals [2][4] - Shareholders holding multiple accounts can participate in the online voting system through any of their accounts, and the first voting result will be considered valid for all accounts [5][6]

Group 1 - The stock price of Hongbai New Materials (605366) closed at 7.72 yuan on July 11, 2025, marking a 24.72% increase from the previous week's price of 6.19 yuan [1] - The stock reached a nearly one-year high of 7.72 yuan during intraday trading on July 11, with a low of 6.16 yuan on July 7 [1] - The total market capitalization of Hongbai New Materials is currently 4.882 billion yuan, ranking 76th out of 169 in the chemical products sector and 3146th out of 5149 in the A-share market [1] Group 2 - The stock of Hongbai New Materials was listed on the "Dragon and Tiger List" due to a cumulative price deviation exceeding 20% over three consecutive trading days from July 9 to July 11, 2025 [2] - On July 10, the stock first appeared on the list after a price deviation of 7% [2] Group 3 - Hongbai New Materials completed the repurchase and cancellation of some restricted stocks and adjusted the conversion price of "Hongbai Convertible Bonds" from 5.45 yuan per share to 5.46 yuan per share, effective from July 8, 2025 [3] - The company held its second extraordinary general meeting of shareholders in 2025, where it approved a proposal to engage in commodity futures hedging and futures trading [3] - A total of 287 shareholders or their proxies attended the meeting, representing 262,595,467 shares, which is 41.7250% of the total voting shares [3]

Core Viewpoint - The China Convertible Bond Index increased by 0.41%, indicating a positive trend in the convertible bond market [1] Group 1: Performance of Convertible Bonds - Seli Convertible Bond rose by 15.58%, showing significant appreciation [1] - Hongbai Convertible Bond increased by 7.20%, reflecting strong investor interest [1] - Feilu Convertible Bond gained 7.18%, contributing to the overall positive performance [1] - Zhongqi Convertible Bond declined by 7.14%, indicating a negative trend [1] - Liande Convertible Bond fell by 6.33%, suggesting potential concerns among investors [1] - Zhongchong Convertible Bond decreased by 5.99%, highlighting a weaker performance compared to peers [1]

Core Viewpoint - The company has completed the repurchase and cancellation of part of its restricted stock, leading to an adjustment in the conversion price of its convertible bonds, "Hongbo Convertible Bonds" [1][4]. Group 1: Stock Repurchase and Cancellation - The company repurchased and canceled a total of 2.685155 million shares of restricted stock, with 2.539555 million shares from the initial grant and 145,600 shares from the reserved grant [4]. - The repurchase price for the initial grant was set at 3.556 yuan per share plus interest, while the reserved grant was set at 6.003 yuan per share plus interest [4]. Group 2: Adjustment of Conversion Price - The conversion price before adjustment was 5.45 yuan per share, which has been adjusted to 5.46 yuan per share effective from July 8, 2025 [1][4]. - The adjustment formula used for the conversion price is P1 = (P0 + A1 × k1 + A2 × k2) / (1 + k1 + k2), where P0 is the previous conversion price, A1 and A2 are the repurchase prices, and k1 and k2 are the rates of share reduction [4]. Group 3: Regulatory Compliance - The adjustment of the conversion price is in accordance with the relevant provisions of the company's prospectus and regulations from the China Securities Regulatory Commission [2][3]. - The company will disclose any changes in the conversion price and related information through the Shanghai Stock Exchange and other designated media [3].

Core Viewpoint - Jiangxi Hongbo New Materials Co., Ltd. announced the repurchase and cancellation of a total of 2.685155 million restricted stocks due to the disqualification of certain incentive objects and failure to meet performance assessment targets for 2024 [1][4]. Group 1: Reasons for Repurchase and Cancellation - The company will repurchase and cancel 378,924 shares due to the departure of 9 incentive objects who no longer qualify [2][3]. - A total of 2,306,231 shares will be repurchased and canceled because the company did not meet the performance assessment targets of a net profit of no less than 400 million yuan or operating income of no less than 2.5 billion yuan for 2024 [3][4]. Group 2: Details of the Repurchase - The repurchase price for the initial grant of restricted stocks is set at 3.556 yuan per share plus interest, while the reserved grant price is 6.003 yuan per share plus interest [2][5]. - The total number of restricted stocks to be repurchased and canceled is 2.685155 million shares, involving 201 incentive objects [2][5]. Group 3: Changes in Share Capital Structure - After the repurchase and cancellation, the company's total share capital will decrease from 635,017,827 shares to 632,332,672 shares [5]. - The remaining restricted stocks under the 2022 equity incentive plan will be zero after this cancellation [5]. Group 4: Shareholder Holding Ratio Changes - The holding ratios of major shareholders will slightly increase post-cancellation, with Hongbo Chemical Co., Ltd. increasing from 21.6771% to 21.7681% [6]. - The total holding ratio of the major shareholders will rise from 40.9657% to 41.1375% [6]. Group 5: Legal Compliance and Commitments - The company confirms that the decision-making process and information disclosure regarding the repurchase comply with relevant laws and regulations [7][8]. - The company has ensured that all information related to the repurchase is accurate and has informed the relevant incentive objects, who have not raised objections [8].

Core Viewpoint - Jiangxi Hongbai New Materials Co., Ltd. is issuing convertible bonds with a total amount of RMB 960 million, with a maturity of 6 years and a tiered interest rate structure [2][4][9]. Summary by Sections Bond Issuance Overview - The convertible bonds, named "Hongbai Convertible Bonds," will be issued on April 17, 2024, and will mature on April 16, 2030 [4][9]. - The total issuance amount is RMB 960 million, with each bond having a face value of RMB 100 [4][9]. Interest Rate Structure - The coupon rates for the bonds are as follows: 0.20% for the first year, 0.40% for the second year, 0.80% for the third year, 1.50% for the fourth year, 2.00% for the fifth year, and 2.50% for the sixth year [2][4][10]. Interest Payment Details - Interest will be paid annually, with the first interest payment scheduled for April 17, 2025 [3][5]. - The interest calculation formula is I = B × i, where I is the annual interest amount, B is the total face value held, and i is the applicable coupon rate [4][5]. Conversion Terms - The conversion period for the bonds starts on October 23, 2024, and ends on April 16, 2030 [6]. - The initial conversion price was set at RMB 7.51 per share, which has been adjusted to RMB 5.45 due to market conditions [7][8]. Credit Rating - The company has a credit rating of AA- for both the issuer and the convertible bonds, with a stable outlook [9]. Listing Information - The bonds will be listed on the Shanghai Stock Exchange on May 14, 2024 [9]. Tax Implications - Individual investors will be subject to a 20% tax on interest income, resulting in a net interest payment of RMB 0.16 per bond after tax [13].