Core Viewpoint - The last trading day for the Emergency Convertible Bond and Youzu Convertible Bond is August 22, with significant potential losses for investors who do not act in time [2][3][5]. Group 1: Important Dates and Actions - Investors are reminded that August 22 is the last trading day for both Emergency Convertible Bond and Youzu Convertible Bond, with August 27 being the final conversion day [3][5]. - After August 27, unconverted convertible bonds will be frozen and cease trading and conversion [3][4]. - The conversion prices for the Emergency Convertible Bond and Youzu Convertible Bond are set at 7.06 CNY/share and 10.10 CNY/share, respectively, during the conversion period from August 25 to 27 [3][4]. Group 2: Financial Implications - As of August 21, the closing prices for Emergency Convertible Bond and Youzu Convertible Bond were 126.099 CNY and 163.240 CNY per bond, respectively, indicating potential losses of over 20% and 37% if investors fail to act [5]. - There are still 143 million CNY and 59 million CNY of Emergency Convertible Bond and Youzu Convertible Bond, respectively, that have not been traded or converted, representing over 17% and 5% of their total [5]. - Other convertible bonds, including Hongfeng Convertible Bond, Haopeng Convertible Bond, and others, are also approaching their last trading days, with various balances remaining [5]. Group 3: Redemption Mechanism - The forced redemption of convertible bonds occurs when the underlying stock price exceeds 130% of the conversion price for at least 15 out of 30 trading days [7]. - Investors are advised to either sell the convertible bonds or convert them within the specified period to avoid losses, as the company will redeem unconverted bonds at a price slightly above face value [7]. - New regulations have introduced a "Z" identifier for the last trading day of convertible bonds to alert investors of the associated risks [7].

（编辑 楚丽君） 证券日报网讯 8月15日晚间，开能健康发布公告称，根据安排，截至2025年9月1日收市后仍未转股 的"开能转债"，将按照100.118元/张的价格强制赎回，因目前"开能转债"二级市场价格与赎回价格存在 较大差异，特别提醒"开能转债"持有人注意在限期内转股，如果投资者未及时转股，可能面临损失，敬 请投资者注意投资风险。 ...

Group 1 - The frequency of new stock offerings on the Beijing Stock Exchange has increased from once a month to twice a week [1] - The strong redemption of Kaineng Convertible Bonds and Qizheng Convertible Bonds has been announced [1] - Chongqing Bank's shareholder, Chongqing Water Investment Group, plans to reduce its stake by no more than 1.5% [1] Group 2 - The following convertible bonds have been announced for strong redemption: Kaineng Convertible Bonds, Qizheng Convertible Bonds, and Jineng Convertible Bonds [1] - The subscription for new stocks on the Beijing Stock Exchange is set for August 13 [1] - The last trading day for Hexion Convertible Bonds and Liancheng Convertible Bonds is August 12 [1] Group 3 - The current prices and redemption prices of various convertible bonds have been listed, with notable examples including Lian De Convertible Bonds at 139.299 and Yong An Convertible Bonds at 152.289 [4] - The remaining scale and market value ratios of several convertible bonds have been detailed, indicating their liquidity and market presence [4][6]

Group 1 - Fangyuan Co. plans to reduce its repurchased shares by 3,320,000 shares, which accounts for 0.65% of the total share capital, to supplement its working capital [1] - Kangtai Medical's shareholders intend to reduce their holdings by no more than 3.59% of the company's shares [1] - Zhigao Machinery is listed for new share subscription on the Beijing Stock Exchange [1] Group 2 - Convertible bond data includes various bonds with 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 [2][4][6] - Notable convertible bonds include Beilu Convertible Bond with a current price of 133.000 and a conversion value of 134.90, and Zte Convertible Bond with a current price of 163.100 and a conversion value of 164.90 [2] - The remaining scale of several convertible bonds varies, with some having a significant proportion of the underlying stock, such as Hongfeng Convertible Bond at 7.95% [6]

Summary of Key Points Core Viewpoint - The announcement details the interest payment for the convertible bonds issued by Kaineng Health Technology Group Co., Ltd., scheduled for July 21, 2025, covering the interest period from July 20, 2024, to July 19, 2025 [1][2]. Group 1: Bond Details - The annual interest for the convertible bonds is set at 0.50%, translating to an interest payment of 5.00 CNY (including tax) for every 10 bonds with a face value of 1,000.00 CNY [2][3]. - The bonds have a five-year term with an interest rate of 2.5% for the first five years and 3.0% for the sixth year [1]. Group 2: Tax Implications - Individual investors and securities investment funds will have a 20% tax withheld on interest payments, resulting in a net payment of 4.00 CNY for every 10 bonds [3]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax and value-added tax, receiving the full interest payment of 5.00 CNY for every 10 bonds [3][4]. Group 3: Payment Process - The interest payment will be made through China Securities Depository and Clearing Corporation Limited, which will distribute the funds to the designated securities firms or other recognized institutions [4][5]. - The record date for bondholders to receive interest is set for July 18, 2025 [4].

Group 1 - The China Convertible Bond Index opened up by 0.04% [1] - Kenen Convertible Bond and Bojun Convertible Bond rose over 3% [1] - Jinling Convertible Bond and Baiyang Convertible Bond increased by more than 2% [1] Group 2 - Dongshi Convertible Bond fell by over 3% [1] - Jinjiji Convertible Bond and Mengsheng Convertible Bond declined by more than 1% [1]

Group 1 - The company, Kaineng Health Technology Group Co., Ltd., has received approval for the issuance of convertible bonds to unspecified objects, with the registration approval dated June 17, 2023 [2] - The bond issuance was approved by the company's board meeting on October 28, 2022, and the third extraordinary general meeting of shareholders on November 15, 2022 [2] - The convertible bonds will be listed on the Shenzhen Stock Exchange, with a maturity date set for July 19, 2029 [2] Group 2 - The company plans to distribute cash dividends of RMB 0.4 per 10 shares (including tax) to all shareholders, with the record date for this distribution set for May 29, 2025 [3][4] - The conversion price of the convertible bonds will be adjusted from RMB 5.4 per share to RMB 5.36 per share effective from May 30, 2025, due to the cash dividend distribution [3][4] - The adjustment of the conversion price is based on the company's profit distribution plan and follows the guidelines outlined in the prospectus [3][4] Group 3 - The company has established a formula for adjusting the conversion price based on various corporate actions, including cash dividends and stock distributions [4] - The adjustment process will be communicated through announcements on the Shenzhen Stock Exchange and other media as required by regulatory authorities [4][5] - The company will ensure that any changes affecting the rights of convertible bondholders will be handled fairly and transparently [5] Group 4 - The adjustments to the conversion price due to the profit distribution plan do not impact the company's daily operations or debt repayment capabilities [6] - The bond trustee, Changjiang Securities, will continue to monitor the repayment of principal and interest on the convertible bonds and other significant matters affecting bondholder rights [7]

Group 1 - The company, Kaineng Health Technology Group Co., Ltd., has received approval from the China Securities Regulatory Commission to issue 2.5 million convertible bonds, raising a total of 250 million yuan, with a maturity period of six years from July 20, 2023, to July 19, 2029 [1] - The convertible bond, referred to as "Kaineng Convertible Bond," was listed on August 8, 2023 [1] - The adjustment of the conversion price for the convertible bonds will occur under specific circumstances such as stock dividends, capital increases, or cash dividends, following a defined formula [1][2] Group 2 - The conversion price adjustments will be announced on the Shenzhen Stock Exchange and other media, detailing the adjustment date and method [2] - Historical adjustments to the conversion price have occurred due to cash dividend distributions, with the price changing from 5.67 yuan to 5.62 yuan, and subsequently to 5.52 yuan, 5.47 yuan, and finally to 5.4 yuan [2][3][4] - The latest adjustment, effective from May 30, 2025, will reduce the conversion price from 5.4 yuan to 5.36 yuan due to a cash dividend distribution of 0.4 yuan per 10 shares [4]

Summary of Key Points Core Viewpoint - The company has approved a profit distribution plan for the 2024 fiscal year, which includes a cash dividend of RMB 0.4 per 10 shares for all shareholders, totaling approximately RMB 22.6 million [1][2][3]. Group 1: Profit Distribution Plan - The total share capital after accounting for treasury shares is 565,074,561 shares, and the cash dividend will be distributed based on this adjusted total [1][2]. - The cash dividend will be paid to all shareholders without issuing additional shares or capital reserve transfers [1][2]. - The dividend distribution will be executed on May 30, 2025, with the record date set for May 29, 2025 [3]. Group 2: Taxation and Shareholder Eligibility - Different tax rates will apply for individual shareholders based on their holding periods, with no withholding tax for shares held over one year [2][3]. - The distribution will exclude treasury shares, and the company will bear any legal responsibilities for insufficient cash dividends due to reduced share counts during the distribution period [3]. Group 3: Adjustments and Future Implications - The ex-dividend reference price will be adjusted based on the previous closing price minus RMB 0.0391584 [4]. - The conversion price for convertible bonds will be adjusted from RMB 5.40 to RMB 5.36 per share, effective from the ex-dividend date [4].