登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603801 证券简称：志邦家居 公告编号：2026-001 债券代码：113693 债券简称：志邦转债 志邦家居股份有限公司 可转债转股结果暨股份变动的公告 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： ● 累计转股情况：截至2025年12月31日，累计已有人民币18,000元"志邦转债"转换为公司A股股票，累 计转股股份数为1,555股，占可转债转股前公司已发行股份总额的0.00036%。 ● 未转股可转债情况：截至2025年12月31日，尚未转股的"志邦转债"金额为人民币669,982,000元，占可 转债发行总量的99.99731%。 ● 本季度转股情况:2025年10月1日至2025年12月31日期间共计有人民币5,000元"志邦转债"转换为公司A 股股票，因转股形成的股份数量为431股。 一、"志邦转债"发行上市情况 （一）经中国证券监督管理委员会《关于同意志邦家居股份有限公司向不特定对象发行可转换公司债券 注册的批复》(证监许可( ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603801 证券简称：志邦家居 公告编号：2025-094 债券代码：113693 债券简称：志邦转债 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 回购股份金额：不低于人民币8,000万元（含），不超过人民币11,000万元（含）。 ● 回购股份资金来源：志邦家居股份有限公司（以下简称"公司"）自有资金及商业银行回购专项贷款。 公司已取得中信银行股份有限公司合肥分行出具的《贷款承诺函》，中信银行股份有限公司合肥分行承 诺给予公司不超过人民币9,000万元的股票回购专项贷款，具体股票回购专项贷款提用金额不得高于股 票回购资金的90%。该《贷款承诺函》有效期至2026年12月2日。 ● 回购股份方式：集中竞价方式 ● 回购股份期限：自公司董事会审议通过本回购股份方案之日起12个月内 ● 相关股东是否存在减持计划：截至本公告披露日，公司董事、高级管理人员、控股股东及其一致行动 人在未来3个月、未来6个月暂无减持公司股份的计划。若上述主体未来有减 ...

Group 1 - The company issued 6,700,000 convertible bonds with a total fundraising amount of RMB 670 million, with a maturity of 6 years [1] - The convertible bonds will be listed on the Shanghai Stock Exchange starting from April 8, 2025, under the name "Zhibang Convertible Bonds" and code "113693" [1] Group 2 - Major shareholders, including controlling shareholders Sun Zhiyong and Xu Bangshun, have allocated a total of 2,857,150 bonds, representing approximately 31.09% of the total issuance [2] - The specific allocations include 1,396,910 bonds by Sun Zhiyong (20.85%), 1,356,230 bonds by Xu Bangshun (20.24%), and smaller allocations by their controlled companies [2] Group 3 - From September 26 to October 21, 2025, the controlling shareholders and their associates reduced their holdings by 701,810 bonds, accounting for 10.47% of the total issuance [3] - From October 22 to November 12, 2025, they further reduced their holdings by 905,000 bonds, which is 13.51% of the total issuance [3]

Core Viewpoint - The announcement details the issuance and conversion terms of the "Zhibang Convertible Bonds," which are set to begin conversion on September 24, 2025, allowing bondholders to convert their bonds into shares of Zhibang Home Furnishing Co., Ltd. at a price of 11.52 CNY per share [2][4][5]. Group 1: Convertible Bond Issuance - The company has issued 6,700,000 convertible bonds with a total fundraising amount of 670 million CNY, with a maturity period of 6 years [2][6]. - The bonds will be listed on the Shanghai Stock Exchange starting from April 8, 2025, under the name "Zhibang Convertible Bonds" and code "113693" [2][3]. Group 2: Conversion Terms - The conversion period for the bonds is from September 24, 2025, to March 17, 2031 [5][8]. - The initial conversion price was set at 12.12 CNY per share, which has been adjusted to 11.52 CNY per share following a cash dividend distribution [10][11]. Group 3: Interest Rates and Payment - The bonds have a tiered interest rate structure: 0.3% for the first year, increasing to 2.0% by the sixth year [3][6]. - Interest payments will be made annually, starting from March 18, 2025 [8][12]. Group 4: Conversion Process - Bondholders can convert their bonds into shares through the Shanghai Stock Exchange trading system, with specific procedures outlined for the conversion process [7][8]. - The conversion will be effective on the next trading day after the conversion application is confirmed [8][12]. Group 5: Adjustments to Conversion Price - The conversion price may be adjusted in the event of stock dividends, capital increases, or cash dividends, following specific formulas outlined in the bond issuance documentation [12][13]. - If the stock price falls below 80% of the conversion price for a specified period, the company may propose a downward adjustment to the conversion price, subject to shareholder approval [14][16].

Core Viewpoint - Zhigang Home announced the issuance of "Zhigang Convertible Bonds," which can be converted into company shares starting from September 24, 2025, at a conversion price of 11.52 yuan per share [2] Group 1 - The company has released an announcement regarding the issuance of convertible bonds [2] - The bonds are set to be convertible into shares after a specified date, indicating a strategic move to raise capital [2] - The conversion price is set at 11.52 yuan per share, which provides a clear valuation for potential investors [2]

Core Viewpoint - Zhibang Home Furnishing Co., Ltd. announced the details of its convertible bond "Zhibang Convertible Bond" (code: 113693), which can be converted into shares at a price of 11.52 CNY per share during the specified period [1] Summary by Relevant Sections - **Convertible Bond Details** - The bond will be available for conversion from September 24, 2025, to March 17, 2031 [1] - The bond was listed on April 8, 2025, with a total issuance size of 670 million CNY and a maturity period of 6 years [1] - **Conversion Price Adjustments** - The initial conversion price was set at 12.12 CNY per share, which has been adjusted to 11.52 CNY per share due to a cash dividend distribution in June 2025 [1] - **Trading and Conversion Process** - Holders can declare conversion during normal trading hours on the Shanghai Stock Exchange, with the declaration direction being a sell at a price of 100 CNY [1]

Group 1 - The core viewpoint of the announcement is that Zhihong Home has maintained its credit ratings for both the company and its convertible bonds, indicating stability in its financial standing [1][2] - The previous bond rating was "AA" and the issuer rating was also "AA," with a stable outlook, which remains unchanged in the current assessment [1][2] - The tracking credit rating was conducted by China Chengxin International Credit Rating Co., Ltd., based on a comprehensive analysis of the company's operational and financial conditions [2] Group 2 - The tracking rating report was issued on June 26, 2025, confirming the company's credit rating and outlook as stable [2] - The previous rating was conducted on August 5, 2024, and the results have not changed since then [1][2] - The detailed tracking rating report can be found on the Shanghai Stock Exchange website [2]

Core Viewpoint - Despite the impact of the U.S. "reciprocal tariffs" on global capital markets since April, the domestic convertible bond market has shown overall stability and resilience, highlighting its defensive and offensive characteristics [1][2]. Group 1: Market Performance - The domestic convertible bond market has demonstrated strong resilience, with the China Securities Convertible Bond Index experiencing a significant drop of 4.05% on April 7, marking its largest single-day decline of the year, yet this was less severe than the declines in the Shanghai and Shenzhen indices, indicating a defensive feature [2]. - Following the market rebound starting April 8, many convertible bonds have recovered, showcasing their offensive potential alongside stock characteristics, with over 400 convertible bonds rising since that date, and more than 40 bonds increasing by over 10% [3]. Group 2: Notable Convertible Bonds - The Zhongqi Convertible Bond has shown a strong performance, with a price exceeding 300 yuan per share, marking a historical high, and a cumulative increase of 29.43% since April 8, with a year-to-date increase of 149.62% [4]. - The Zhongchong 2 Convertible Bond has also seen significant gains, reaching a price close to 200 yuan per share, with a cumulative increase of 36.45% since April 8 and a year-to-date increase of 42.89% [6]. - The Zhenhua Convertible Bond has reached a price of 197.981 yuan per share, with a cumulative increase of 24% since April 8 and a year-to-date increase exceeding 40% [8]. Group 3: Redemption Risks - Attention is drawn to the strong redemption risk associated with convertible bonds, as they possess both equity and debt characteristics, which can lead to significant losses if not monitored closely [10]. - A recent example is the Huisheng Convertible Bond, which faced a sharp decline of over 40% since its peak of 248 yuan per share on April 7 due to the triggering of its conditional redemption clause [11]. - The Bojie Convertible Bond is experiencing a similar situation, with a cumulative decline of nearly 20% since April due to early redemption, with its last trading day set for April 21, 2025 [13].

Core Insights - Over 400 convertible bonds have increased in value since April 8, with more than 40 bonds rising over 10% during this period [1] - Several convertible bonds have seen significant gains, with some exceeding 20% increase, including Fu Xin Convertible Bond, Zhong Chong Convertible Bond 2, Ding Long Convertible Bond, and others [1] - Notably, Zhong Qi Convertible Bond has recently surpassed 300 CNY per share, reaching a historical high, while Zhong Chong Convertible Bond 2 approached 200 CNY per share, also marking a historical peak [1] - Zhenhua Convertible Bond has shown strong performance, with prices reaching 197.981 CNY per share, setting a new historical high [1]

Group 1 - Over 400 convertible bonds have increased in value since April 8, with more than 40 bonds rising over 10% during this period [1] - Several convertible bonds, including Fuxin Convertible Bond, Zhongchong Convertible Bond 2, Dinglong Convertible Bond, and others, have seen increases exceeding 20% [1]