Core Points - The company has issued convertible bonds named "Smart Convertible Bonds" which began trading on July 23, 2019, with a maturity date of July 2, 2025 [1] - As of the last trading day for the bonds, a total of 206,454 bonds have been converted into 2,482,913 shares, leaving 2,093,546 bonds to be redeemed at 112% of their face value [1] - The bonds will be delisted from the Shenzhen Stock Exchange on July 3, 2025 [1] Impact on the Company - The bond redemption will not lead to any changes in the company's controlling shareholder or actual controller, nor will it affect the company's governance structure and ongoing operations [2] - The company's financial status, operational results, and cash flow remain normal, and the bond redemption will not impact daily operations [3]

Core Viewpoint - The announcement details the conversion and adjustment of the convertible bonds issued by Wuxi Intelligent Control Engineering Co., Ltd, including changes in conversion prices and the impact on the company's share structure [1][2][3][4][5][6]. Group 1: Convertible Bond Issuance and Adjustment - The convertible bonds were approved by the China Securities Regulatory Commission and listed on July 23, 2019, with an initial conversion price of RMB 9.55 per share [1][2]. - The conversion period for the bonds is from January 8, 2020, to July 2, 2025 [1][2]. - The conversion price was adjusted to RMB 9.51 per share on June 16, 2020, following a cash dividend distribution of RMB 0.38 per 10 shares [2]. - Subsequent adjustments were made to the conversion price, reducing it to RMB 9.47 on July 2, 2021, and RMB 9.42 on June 17, 2022, due to further dividend distributions [3][4]. Group 2: Recent Adjustments and Share Changes - Following a new issuance of shares on August 30, 2023, the conversion price was further adjusted to RMB 9.34 per share, effective from September 11, 2023 [5]. - The board of directors proposed a downward adjustment of the conversion price to RMB 8.30 per share, effective from June 3, 2024 [6]. - The total number of shares increased by 20,905,922 shares due to the issuance, bringing the total share count to 355,634,543 shares [5][6].

Group 1 - The company held its 17th meeting of the 5th Board of Directors on June 25, 2025, with all members present, complying with legal and regulatory requirements [1] - The Board approved a proposal to apply for a comprehensive credit facility from banks, with a total amount not exceeding RMB 260 million, aimed at supporting the company's operational funding needs [1][2] - The credit facility will not involve third-party guarantees and the Chairman, Mr. Shen Jianbiao, is authorized to sign relevant legal documents within the approved credit limit [1]

Group 1 - The board of directors of Shanshi proposed a down adjustment for the convertible bond [1] - Cinda Securities' managed XinFeng No.1 single asset management plan has cumulatively increased its holdings of PuFa convertible bonds by 11.8 million shares, accounting for 23.57% [1] - The controlling shareholder of Kailun Co., Ltd. plans to reduce its holdings by no more than 2% of the company's shares [1] Group 2 - The last trading day for Smart Convertible Bonds is June 27 [1] - Yitang Co., Ltd. is a new stock available for subscription on the Shanghai and Shenzhen stock exchanges [1] - CICC China Green Development Commercial REIT (180606) has been listed [1]

Group 1 - The core point of the announcement is the redemption and delisting of the "Smart Convertible Bond" (智能转债) after its maturity on July 2, 2025, with a reminder for holders to convert their bonds during the conversion period [1][2] - The "Smart Convertible Bond" was approved for issuance by the China Securities Regulatory Commission on July 23, 2019, and has a conversion price set at 8.26 yuan per share [1][2] - The bond's conversion period started on January 8, 2020, and will end on July 2, 2025, with the last trading day being June 27, 2025 [1][2] Group 2 - Upon maturity, the company will redeem the bonds at 112% of the face value, including the last annual interest payment [1][2] - The company is required to publish at least three announcements reminding investors of the bond's trading cessation 20 trading days before the end of the conversion period [2] - After the trading cessation on June 30, 2025, the conversion price remains at 8.26 yuan per share until the end of the conversion period [2]