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。 近日，苏州春秋电子科技股份有限公司（以下简称"公司"）收到国联民生证券承销保荐有限公司（以下 简称"国联民生"）出具的《关于更换苏州春秋电子科技股份有限公司持续督导保荐代表人的函》。 国联民生系公司2023年向不特定对象发行可转换公司债券（"春23转债"）的保荐机构，原指派李兴亮先 生和訾帅伟先生担任公司保荐代表人负责保荐工作及持续督导工作。 现因訾帅伟先生工作变更无法继续履行持续督导职责，为保证持续督导工作的有序进行，国联民生委派 林慈宁先生（简历详见附件）接替訾帅伟先生担任公司保荐代表人，继续履行持续督导职责。 证券代码：603890 证券简称：春秋电子 公告编号：2026-002 债券代码：113667 债券简称：春23转债 苏州春秋电子科技股份有限公司 关于变更持续督导保荐代表人的公告 本次变更后，公司2023年向不特定对象发行可转换公司债券的保荐代表人为李兴亮先生和林慈宁先生。 公司对訾帅伟先生在公司向不特定对象发行可转换公司债券及持续督导期间所做的工作表示衷心感谢！ ...

证券日报网讯 1月14日，春秋电子发布公告称，公司收到国联民生证券承销保荐有限公司（简称"国联 民生"）出具的《关于更换苏州春秋电子科技股份有限公司持续督导保荐代表人的函》。国联民生系公 司2023年向不特定对象发行可转换公司债券（"春23转债"）的保荐机构，原指派李兴亮先生和訾帅伟先 生担任公司保荐代表人负责保荐工作及持续督导工作。现因訾帅伟先生工作变更无法继续履行持续督导 职责，为保证持续督导工作的有序进行，国联民生委派林慈宁先生接替訾帅伟先生担任公司保荐代表 人，继续履行持续督导职责。 （文章来源：证券日报） ...

Core Viewpoint - The announcement details the conversion results of the company's convertible bonds, including the total amount converted into shares and the remaining unconverted bonds. Group 1: Convertible Bond Conversion Status - As of November 6, 2025, a total of RMB 239,665,000 of "Chunqiu Convertible Bonds" has been converted into 22,524,112 shares, representing 5.8538% of the company's total shares before conversion [2][10] - From October 1, 2025, to November 6, 2025, RMB 131,900,000 of "Chunqiu Convertible Bonds" was converted into 12,561,287 shares [10] - As of December 31, 2025, RMB 107,000 of "Chun23 Convertible Bonds" has been converted into 10,490 shares, which is 0.0024% of the total shares before conversion [2][10] Group 2: Remaining Convertible Bonds - As of November 7, 2025, all "Chunqiu Convertible Bonds" have been redeemed [7] - As of December 31, 2025, the remaining amount of unconverted "Chun23 Convertible Bonds" is RMB 569,893,000, accounting for 99.9812% of the total issuance [2][10] Group 3: Convertible Bond Issuance Details - "Chunqiu Convertible Bonds" were issued on April 14, 2020, with a total amount of RMB 240 million and a maturity of 6 years [3] - "Chun23 Convertible Bonds" were issued on March 17, 2023, with a total amount of RMB 570 million and a maturity of 6 years [8] Group 4: Share Capital Changes - The conversion of convertible bonds has led to changes in the company's share capital structure, with specific details provided in the announcement [11]

格隆汇12月19日丨春秋电子(603890.SH)公布，截至2025年12月19日，公司股票已有十个交易日的收盘 价不低于"春23转债"当期转股价格(10.15元/股)的130%(即13.195元/股)的情形，预计将触发"春23转债"的 有条件赎回条款，即发生连续30个交易日内累计有15个交易日公司股票价格不低于当期转股价格的 130%的情形，将触发"春23转债"的有条件赎回条款。届时，公司有权决定是否按照债券面值加当期应 计利息的价格赎回全部或部分未转股的"春23转债"。 ...

Core Viewpoint - The China Convertible Bond Index rose by 0.59% to 486.85 points on November 25, indicating a positive trend in the convertible bond market [1]. Group 1: Market Performance - The top gainers in the convertible bond market included: - Outoon Convertible Bond, up by 15.15% to 592.86 [2] - Zhuomei Convertible Bond, up by 10.52% to 173.854 [2] - Spring 23 Convertible Bond, up by 7.18% to 180.939 [2] - The top losers in the market were: - Huachen Convertible Bond, down by 7.84% to 160.878 [2] - Dongshi Convertible Bond, down by 3.12% to 249.85 [2] - Jianfan Convertible Bond, down by 1.66% to 118.552 [2]

Group 1 - The controlling shareholder's concerted action party of Yinxin Technology plans to reduce its stake by no more than 1% [1] - The conversion price of Lanfang Convertible Bond has been lowered by 0.5 yuan [1] - The Spring 23 Convertible Bond is subject to strong redemption [1] Group 2 - Taiping Convertible Bond, Honglu Convertible Bond, and Xinhai Convertible Bond will not undergo price adjustments [1][2] - The announcement details for various convertible bonds include their current prices, redemption prices, last trading dates, and conversion values [4][6] - The remaining scale and market value ratios of several convertible bonds are provided, indicating their liquidity and market presence [4][6]

Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," due to the stock price meeting the conditions for conditional redemption [4][5][6] - The last trading day for the "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3][11] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on November 7, 2025 [4][12] Redemption Details - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [7][8] - The accrued interest is calculated based on a 3.0% annual coupon rate for 207 days, resulting in an interest of 1.701 CNY per bond [7][8] - The redemption will be executed for all bonds registered as of the redemption registration date, November 6, 2025 [5][6][9] Investor Guidance - Investors are advised to either convert their bonds at the conversion price of 10.50 CNY per share or sell them in the secondary market before the last trading day to avoid forced redemption [4][11][12] - The company emphasizes the importance of understanding the convertible bond regulations and the associated risks [4][12] Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 101.361 CNY per bond after tax [8] - Non-resident enterprises are exempt from corporate income tax on the interest income from these bonds until December 31, 2025 [8]

Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," due to the stock price meeting the conditions for conditional redemption [6][9][19] - The last trading day for the "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3][17] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on November 7, 2025 [4][17] Redemption Details - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [11][19] - The accrued interest is calculated based on a 3.0% annual interest rate for 207 days, resulting in an interest of 1.701 CNY per bond [11][19] - The redemption registration date is November 6, 2025, and the redemption payment date is November 7, 2025 [7][16] Trading and Conversion - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [5][19] - The current market price of the bonds as of October 21, 2025, is 122.246 CNY per bond, significantly higher than the redemption price, indicating potential investment losses if not acted upon [19] Regulatory Compliance - The company is acting in accordance with relevant regulations, including the "Measures for the Administration of Securities Issuance and Registration" and the "Management Measures for Convertible Bonds" [6][8]

Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," which will be delisted from the Shanghai Stock Exchange after November 7, 2025 [4][17]. Group 1: Redemption Details - The last trading day for "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3]. - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [11]. - The accrued interest is calculated based on a 3.0% annual coupon rate for 207 days, resulting in an interest of 1.701 CNY per bond [11]. Group 2: Conditions for Redemption - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price (10.50 CNY) for 15 trading days within a 30-day period [6][9]. - The redemption will apply to all "Chunqiu Convertible Bonds" registered as of the redemption registration date, November 6, 2025 [10]. Group 3: Investor Guidance - Investors are advised to either convert their bonds or sell them in the secondary market before the last trading day to avoid forced redemption [5][18]. - The company emphasizes the importance of understanding the relevant regulations regarding convertible bonds and the associated risks [6].

Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," which will be delisted from the Shanghai Stock Exchange after November 7, 2025 [4][17]. Summary by Sections Redemption Announcement - The last trading day for "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3]. - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [11][19]. - The company has triggered the conditional redemption clause due to its stock price being above 130% of the conversion price for 15 trading days [6][9]. Redemption Conditions - The redemption applies to all "Chunqiu Convertible Bonds" held as of the redemption registration date, November 6, 2025 [10]. - The accrued interest is calculated based on a 3.0% annual coupon rate for 207 days, resulting in 1.701 CNY per bond [11]. Important Dates - Redemption registration date: November 6, 2025 [7]. - Redemption payment date: November 7, 2025 [16]. - Last trading day: November 3, 2025 [7]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [5][19]. - The company emphasizes the importance of understanding the convertible bond regulations and the potential risks involved [6].