证券代码：605006 证券简称:山东玻纤 公告编号：2026-005 转债代码：111001 转债简称:山玻转债 山东玻纤集团股份有限公司 关于"山玻转债"可选择回售的第五次提示性公告 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个别及连带责任。 重要内容提示： ● 回售价格：100.30元人民币/张（含当期利息） 现依据《上市公司证券发行注册管理办法》《可转换公司债券管理办法》《上海证券交易所股票上市规 则》和公司《募集说明书》，就回售有关事项向全体"山玻转债"持有人公告如下： 一、回售条款 （一）有条件回售条款 根据《募集说明书》的规定，本次发行的可转换公司债券最后两个计息年度，如果公司股票在任何连续 三十个交易日的收盘价低于当期转股价格的70%时，可转换公司债券持有人有权将其持有的可转换公司 债券全部或部分按债券面值加上当期应计利息的价格回售给公司。 若在前述三十个交易日内发生过转股价格因发生送股票股利、转增股本、增发新股（不包括因本次发行 的可转换公司债券转股而增加的股本）、配股以及派发现金股利等情况而调整的情形，则在调整前 ...

证券代码：605006 证券简称:山东玻纤 公告编号：2026-004 转债代码：111001 转债简称:山玻转债 山东玻纤集团股份有限公司 一、回售条款 ● "山玻转债"持有人可回售部分或全部未转股的可转换公司债券。"山玻转债"持有人有权选择是否进行 回售，本次回售不具有强制性。 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： ● 回售价格：100.30元人民币/张（含当期利息） ● 本次满足回售条款而"山玻转债"持有人未在上述回售期内申报并实施回售的，本计息年度（即2025年 11月8日至2026年11月7日）不能再行使回售权。 ● 风险提示：投资者选择回售等同于以100.30元/张卖出持有的"山玻转债"。截至本公告发出前的最后一 个交易日，"山玻转债"的收盘价格高于本次回售价格，投资者选择回售可能会带来损失，敬请投资者注 意风险。 关于"山玻转债"可选择回售的第四次提示性公告 山东玻纤集团股份有限公司（以下简称公司）A股股票自2025年11月18日至2025年12月29日连续三十个 交易日的收盘价格 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：605006 证券简称:山东玻纤 公告编号：2026-003 转债代码：111001 转债简称:山玻转债 山东玻纤集团股份有限公司 关于"山玻转债"可选择回售的第三次提示性公告 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个别及连带责任。 重要内容提示： ●回售价格：100.30元人民币/张（含当期利息） ●回售期：2026年1月8日至2026年1月14日 ●回售资金发放日：2026年1月19日 ●回售期内"山玻转债"停止转股 ●"山玻转债"持有人可回售部分或全部未转股的可转换公司债券。"山玻转债"持有人有权选择是否进行 回售，本次回售不具有强制性。 ●本次满足回售条款而"山玻转债"持有人未在上述回售期内申报并实施回售的，本计息年度（即2025年 11月8日至2026年11月7日）不能再行使回售权。 ●风险提示：投资者选择回售等同于以100.30元/张卖出持有的"山玻转债"。截至本公告发出前的最后一 个交易日，"山玻转债"的收盘价格高于本次回售价格，投资者选择回售可能会带来损 ...

Report Industry Investment Rating No information provided in the content. Core Viewpoints of the Report - Since December 2025, convertible bonds have witnessed a new round of recovery. In this round, high - parity equity - biased convertible bonds led the rise, with the military industry sector rising significantly under the commercial space theme. Due to the phased release of call risks, the valuation of high - parity convertible bonds has returned to a high level. However, the shortening of the remaining term and the weaker - than - expected downward revision of convertible bonds have caused the valuation of debt - biased convertible bonds to loosen. The convertible bond valuation structure has changed compared with the previous period. From the end - of - 2025 performance, risk appetite remains high, and the expectation of a spring rally is consistent. Convertible bonds are expected to benefit from the rise of the equity market and the activity of small and micro - cap stocks. But considering the high valuation of equity - biased convertible bonds and the recent significant decline of some "double - high" convertible bonds, be vigilant against the valuation risks of "double - high" convertible bonds represented by newly issued convertible bonds [4]. Summary by Relevant Catalog 1. Convertible Bond Valuation - The market declined slightly this week, and the 100 - yuan premium rate rose 0.3% to 31.1%, approaching the high of 31.4% on August 25, 2025. After excluding abnormal points, the 100 - yuan premium rate of the entire market's convertible bonds is 31.1%, up 0.3% week - on - week, and the latest quantile is at the 99.8% percentile since 2017 [5]. - By grouping and weighted - calculating the valuation changes of individual bonds in comparable terms according to parity, it's found that this week, the valuation of the equity - biased area is better overall than that of the debt - biased and balanced areas. The valuations of the balanced and debt - biased areas mainly declined, the valuation in the 120 - 140 yuan parity range increased slightly, and the valuation in the range above 140 yuan remained roughly flat [10]. - From the perspective of individual bonds, the convertible bonds with a large decline in high - parity area valuation are mainly of two types: those entering the redemption process with the conversion premium rate actively compressed, such as Guanglian Convertible Bond and Songsheng Convertible Bond; and those with significantly compressed "double - high" convertible bond valuations, such as Haohan Convertible Bond and Huicheng Convertible Bond. The convertible bonds with a decline in medium - and low - parity area valuation are those approaching maturity and those with continuous non - downward revision, such as Baolai Convertible Bond and Weil Convertible Bond [13]. - As of the latest data, from the perspective of the conversion premium rate, the historical quantiles of the valuation in the 110 - 120 yuan and 80 - 90 yuan parity ranges are relatively low; from the perspective of the bottom - support premium rate, the historical quantiles of the valuation in the 70 - 90 yuan parity range are relatively low [17]. 2. Clause Tracking 2.1 Redemption - This week, Yingte Convertible Bond announced redemption, and no convertible bond announced not to redeem, with a forced - redemption rate of 100%. Currently, there are 12 convertible bonds that have issued forced - redemption or maturity - redemption announcements but have not been delisted. The potential conversion or maturity balance of the forced - redeemed and matured convertible bonds among the non - delisted ones is 4 billion yuan. There are currently 27 convertible bonds in the redemption process, 7 are expected to meet the redemption conditions next week, and 12 are expected to issue announcements of potential trigger of redemption. In addition, 17 convertible bonds are expected to enter the forced - redemption counting period within the next month [21][23]. 2.2 Downward Revision - One convertible bond proposed a downward revision this week, and Hongchuan Convertible Bond announced the downward - revision result but did not revise to the bottom. As of the latest, 111 convertible bonds are in the non - downward - revision interval, 19 cannot be downward - revised due to net - asset constraints, 1 has triggered the condition but the stock price is still below the downward - revision trigger price and no announcement has been made, 22 are in the process of accumulating downward - revision days, and 2 have issued downward - revision board proposals but have not gone to the general meeting of shareholders [27]. 2.3 Put Option - Shanbo Convertible Bond issued a conditional put - option announcement this week. As of the latest, 5 convertible bonds are in the process of accumulating put - option trigger days, among which 3 are also in the process of accumulating downward - revision days, and 2 are in the non - downward - revision interval [30]. 3. Primary Issuance - As of the latest, there are 9 convertible bonds in the approval - for - registration progress, with a to - be - issued scale of 11.2 billion yuan; there are 6 convertible bonds in the listing - committee - approval progress, with a to - be - issued scale of 3.4 billion yuan [32].

Core Viewpoint - The company announces the first notice regarding the optional redemption of its convertible bonds, "Shanbo Convertible Bonds," allowing bondholders to sell their bonds back to the company at a specified price during a designated period [1][2]. Group 1: Redemption Terms - Redemption Price: The redemption price is set at 100.30 RMB per bond, including the current interest [2][11]. - Redemption Rights: Bondholders can choose to redeem part or all of their unconverted bonds, and this redemption is not mandatory [2][8]. - Conditions for Redemption: The redemption rights are activated if the company's stock price remains below 70% of the conversion price for any consecutive thirty trading days during the last two interest years of the bonds [3][4]. Group 2: Redemption Period and Process - Redemption Period: The redemption period is from January 8, 2026, to January 14, 2026 [4][11]. - Payment Date: The payment date for the redeemed bonds is set for January 19, 2026 [12]. - Trading During Redemption: The bonds will continue to trade during the redemption period but will stop converting into shares [14]. Group 3: Interest Calculation - Interest Rate: The interest rate for the fifth year (November 8, 2025, to November 7, 2026) is 1.8%, with the interest calculated for 61 days leading up to the redemption date [7][6]. - Interest Amount: The calculated interest per bond is approximately 0.30 RMB, contributing to the total redemption price of 100.30 RMB [7].

Core Viewpoint - The company announces the right for holders of "Shanbo Convertible Bonds" to sell back part or all of their unconverted bonds during a specified period, with the option being non-mandatory for investors [1][7]. Group 1: Buyback Terms - Holders of "Shanbo Convertible Bonds" can sell back their bonds at a price of 100.30 RMB per bond, which includes accrued interest [4][11]. - The buyback period is set from January 8, 2026, to January 14, 2026, with funds to be disbursed on January 19, 2026 [4][12]. - The buyback conditions are triggered if the company's stock price remains below 70% of the bond's conversion price for 30 consecutive trading days [2][3]. Group 2: Interest Calculation - The interest for the buyback period is calculated based on a rate of 1.8% for the fifth year, resulting in approximately 0.30 RMB per bond for the 61 days leading up to the buyback [6][5]. - The formula for calculating accrued interest is provided, detailing the variables involved [5]. Group 3: Buyback Process - Bondholders must submit their buyback requests through the Shanghai Stock Exchange trading system during the specified buyback period [8][10]. - If a buyback request is not successful on the first day, bondholders can continue to submit requests on subsequent days within the buyback period [9]. Group 4: Trading During Buyback - "Shanbo Convertible Bonds" will continue to trade during the buyback period but will not allow conversion into shares [14]. - If the total face value of the bonds in circulation falls below 30 million RMB due to the buyback, trading will still continue until the end of the buyback period [14].

Core Viewpoint - The announcement details the appointment of Liu Keting as the new Secretary of the Board of Shandong Glass Fiber Group Co., Ltd., and outlines the upcoming interest payment for the company's convertible bonds. Group 1: Appointment of Board Secretary - Liu Keting has been appointed as the Vice General Manager and Secretary of the Board, with his term lasting until the end of the current board's tenure [1][2] - Liu Keting's appointment was approved by the Board of Directors after a review by the Nomination Committee [1] - Until Liu Keting obtains the necessary certification, the current financial director, Qiu Yuanguo, will temporarily fulfill the Secretary's duties [2] Group 2: Convertible Bond Interest Payment - The convertible bonds, known as "Shanbo Convertible Bonds," will begin interest payments on November 10, 2025, covering the period from November 8, 2024, to November 7, 2025 [4][6] - The total issuance of the convertible bonds is RMB 600 million, with a face value of RMB 100 per bond [9] - The interest rate for the fourth year is set at 1.50%, meaning each bond will yield RMB 1.50 (including tax) [15][17] - The interest payment dates include the record date on November 7, 2025, and the ex-dividend date on November 10, 2025 [8][15] Group 3: Bond Conversion and Pricing - The initial conversion price for the bonds was set at RMB 13.91 per share, which has been adjusted multiple times, currently standing at RMB 11.07 per share [11][12][14] - The conversion period for the bonds is from May 12, 2022, to November 7, 2027 [10]

Core Viewpoint - Shandong Glass Fiber Group Co., Ltd. has successfully completed a share buyback program, acquiring a total of 8,593,580 shares, which represents 1.41% of its total share capital, with an actual expenditure of approximately 50.08 million yuan [1][4][5]. Summary by Sections Buyback Plan Approval and Details - The buyback plan was first disclosed on August 28, 2024, with a buyback period from August 27, 2024, to August 26, 2025, and an estimated buyback amount between 50 million yuan and 100 million yuan [1]. - The maximum buyback price was initially set at 5.41 yuan per share but was later adjusted to 10.22 yuan per share on August 18, 2025 [2]. Buyback Implementation - The company executed the buyback through the Shanghai Stock Exchange, with the lowest buyback price recorded at 4.08 yuan per share and an average buyback price of 5.83 yuan per share [4]. - The total funds used for the buyback amounted to 50,082,335.17 yuan [4]. Shareholding Changes - Following the buyback, the total number of shares increased from 610,956,795 to 610,967,179, with the increase attributed to the conversion of convertible bonds [5]. - The distribution of shares post-buyback indicates that the number of shares with limited sale conditions remained unchanged, while the number of shares with unlimited sale conditions increased due to the conversion of bonds [5]. Treatment of Repurchased Shares - All repurchased shares will be held in a dedicated repurchase account and will not have voting rights or rights to dividends until utilized for employee stock ownership plans or equity incentives [6]. - If the repurchased shares are not fully utilized within three years, the unutilized shares will be canceled [6].

Group 1 - Dongjie Convertible Bond is subject to strong redemption [1] - Dongjie Intelligent is planning a change in control and has suspended trading [1] - Yuanxin Convertible Bond and Huayi Convertible Bond are not subject to strong redemption [1] Group 2 - He Feng Co., Ltd. shareholders plan to reduce their holdings by no more than 2.19% of the company's shares [1] - New Zhisoft shareholders plan to reduce their holdings by no more than 2.81% of the company's shares [1] - Zhenyang Development is planning a major asset restructuring, with a suspension period not exceeding 10 trading days [1] Group 3 - Shanbo Convertible Bond will not undergo a down adjustment [1] - Jinwei Convertible Bond is available for subscription [1] - CICC Vipshop Outlet REIT (508082) is available for subscription [1] - Hongyuan Co., Ltd. has been listed [1] Group 4 - A detailed table of various convertible bonds including their current prices, redemption prices, last trading dates, last conversion dates, conversion values, remaining scales, and the proportion of convertible bonds to the underlying stocks is provided [3][5]

Core Viewpoint - Shandong Glass Fiber (605006) has decided not to exercise the right to lower the conversion price of the "Shanbo Convertible Bonds" during the upcoming six months, indicating a strategic choice to maintain the current bond terms [1] Summary by Relevant Sections - **Company Decision**: The company's board of directors has resolved not to exercise the downward adjustment of the conversion price for the "Shanbo Convertible Bonds" [1] - **Future Considerations**: For the next six months, from August 20, 2025, to February 19, 2026, the company will also not propose any downward adjustment if the conditions for such an adjustment are triggered again [1]