登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603336 证券简称：宏辉果蔬 公告编号：2025-043 转债代码：113565 转债简称：宏辉转债 宏辉果蔬股份有限公司 关于"宏辉转债"预计满足赎回条件的提示性公告 根据《募集说明书》发行条款以及中国证监会关于可转换公司债券发行的有关规定，公司本次发行的宏 辉转债转股期限自发行结束之日起满六个月后的第一个交易日起至可转换公司债券到期日止，即自2020 年9月3日至2026年2月25日。 （四）历次可转债转股价格调整情况 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个别及连带责任。 重要内容提示： ●宏辉果蔬股份有限公司（以下简称"宏辉果蔬"或"公司"）股票自2025年07月24日至2025年08月20日， 已有10个交易日的收盘价格不低于"宏辉转债"当期转股价格的130%（含130%），即不低于7.61元/股。 若未来连续10个交易日内仍有5个交易日公司股票收盘价格不低于当期转股价格的 130%（含130%）， 将会触发"宏辉转债"有条件赎回条款。届时根据《宏辉果蔬股 ...

Group 1 - The China Securities Convertible Bond Index opened up by 0.02% [1] - Guangke Convertible Bond surged by 30% on its first trading day [1] - Sanyang Convertible Bond increased by 3.9%, while Xuelong, Fuli, and Yingji Convertible Bonds rose over 1% [1] Group 2 - Honghui Convertible Bond declined by over 2% [1] - Yaoyi and Sheyan Convertible Bonds fell by over 1% [1]

Core Viewpoint - The credit rating agency has maintained the credit rating of Honghui Fruits and Vegetables Co., Ltd. at A+ with a stable outlook, despite challenges in profitability and operational pressures due to market conditions and industry competition [2][4]. Company Overview - Honghui Fruits and Vegetables Co., Ltd. is a professional service provider in the domestic fruit and vegetable industry, with a diversified layout of procurement and sales bases across major fruit production areas in China [4][10]. - The company has a wide-ranging experience in warehousing and distribution, with processing bases established in various locations including Shantou, Yantai, Shanghai, and Guangzhou [4][10]. Financial Performance - The company's net profit has been under pressure, with a decline in profitability attributed to market fluctuations and increased competition. The sales gross margin dropped to 6.86% in Q1 2025 [4][10]. - As of March 2025, the company's total debt was 6.82 billion, with a significant portion being short-term debt, which poses liquidity challenges [3][4]. - The company's operating cash flow showed slight improvement but remains unstable, with a net cash flow from operating activities of 0.21 billion in Q1 2025 [3][4]. Market Environment - The domestic retail and supermarket sectors are facing pressure, impacting the performance of upstream and midstream enterprises in the fruit supply chain [9][10]. - The fruit market remains fragmented, with low brand recognition and intense competition, leading to reduced overall profit margins [9][10]. Operational Challenges - The company faces mismatches in payment terms with upstream and downstream clients, leading to significant working capital occupation. As of 2024, accounts receivable and inventory accounted for 55.33% of total assets [4][16]. - The company has experienced delays in the production launch of its fundraising projects, with the Guangdong Honghui Fruits and Vegetables Storage and Processing Base still not operational as of the end of 2024 [15][16]. Future Outlook - The credit rating agency has a stable outlook for the company, recognizing its competitive advantages in the fruit and vegetable service sector despite ongoing operational challenges [4][5]. - The company is expected to continue facing pressure on profitability due to market conditions and increased competition, particularly in the fruit sales segment [10][14].

Group 1 - The core viewpoint of the announcement is that the credit rating for Honghui Fruits and Vegetables Co., Ltd. remains stable, with both the company and its convertible bonds rated "A+" [1][2]. - The previous credit rating results indicated a company credit rating of "A+" and a stable outlook, which has not changed in the latest assessment [2]. - The tracking credit rating report was issued by Zhongzheng Pengyuan Credit Rating Co., Ltd. on June 23, 2025, confirming the same ratings as before [2]. Group 2 - The "Honghui Convertible Bonds" cannot be used as collateral for repurchase transactions [1]. - The rating agency, Zhongzheng Pengyuan, conducted a comprehensive analysis of the company's operational status and industry conditions before issuing the report [2].

Core Points - The report details a significant equity change in Honghui Fruit and Vegetable Co., Ltd, involving a transfer of shares and a relinquishment of voting rights by major shareholders [1][2][3] - The equity change is primarily due to the issuance of convertible bonds and the need for liquidity by the shareholders, leading to a dilution of their ownership percentage [7][8][10] Group 1: Shareholder Information - Huang Junhui holds 252,087,820 shares, representing 44.19% of the total shares before the equity change [4] - Zheng Youwen holds 13,347,616 shares, representing 2.34% of the total shares before the equity change [4] - Together, they control 46.54% of the company prior to the equity change [4] Group 2: Equity Change Details - The equity change involves Huang Junhui transferring 151,380,521 shares (26.54% of total shares) to Suzhou Shenziruitai Enterprise Management Partnership [8][10] - Following the transfer, Huang Junhui's shareholding will decrease to 100,707,299 shares (17.66% of total shares) [10][12] - The total share capital of the company will increase to 570,399,448 shares after the equity change [11] Group 3: Voting Rights and Control - Huang Junhui will permanently relinquish voting rights for 68,446,355 shares (12% of total shares) to ensure that his voting power does not exceed 8% of the total voting shares [12][21] - The change in control will result in Suzhou Shenziruitai becoming the controlling shareholder, with Huang Junhui and Zheng Youwen losing their status as actual controllers [13][15] Group 4: Financial Aspects - The total consideration for the share transfer is RMB 859,841,359, with a per-share price of RMB 5.68 [10][16] - The transaction is expected to be funded through legitimate self-raised funds, with potential bank loans being considered for financing [15][16]

Group 1 - The China Securities Convertible Bond Index opened up by 0.05% [1] - Hengshuai Convertible Bond surged by 30%, triggering a trading halt [1] - Caitong Convertible Bond and Saili Convertible Bond increased by over 3% [1] Group 2 - Greenfield Convertible Bond, Titan Convertible Bond, Honghui Convertible Bond, and Shouhua Convertible Bond experienced slight declines [1]

Summary of Key Points Core Viewpoint - The announcement provides an update on the conversion of convertible bonds issued by Honghui Fruits and Vegetables Co., Ltd., detailing the amount converted into shares and the remaining unconverted bonds as of March 31, 2025 [1][2]. Convertible Bond Issuance Overview - The company issued 3.32 million convertible bonds with a total value of 332 million yuan, approved by the China Securities Regulatory Commission on February 26, 2020 [1][2]. - The bonds were listed on the Shanghai Stock Exchange on March 16, 2020, with an initial conversion price of 14.61 yuan per share, which has since been adjusted to 5.85 yuan per share [2]. Conversion Situation - From January 1, 2025, to March 31, 2025, a total of 12,000 yuan of convertible bonds were converted into 2,050 shares [2]. - As of March 31, 2025, the total amount of convertible bonds converted into shares reached 107,332,000 yuan [2]. Unconverted Bonds - As of March 31, 2025, the amount of unconverted convertible bonds stood at 224,652,000 yuan, representing 67.67% of the total issuance [1][2]. Share Capital Changes - The total share capital increased from 570,386,291 shares to 570,388,341 shares due to the conversion of convertible bonds [3].