（文章来源：证券日报） 证券日报网讯 1月6日，欧陆通发布公告称，自 2025 年 12 月 22 日至 2026 年 1 月 6 日，深圳欧陆通电 子股份有限公司（以下简称"公司"）股票已有 10 个交易日的收盘价不低于"欧通转债"当期转股价格 （43.55 元/股）的 130%（含 130%，即 56.62 元/股）。若在未来触发"欧通转债"的有条件赎回条款 （即"在转股期内，如果公司股票在任何连续三十个交易日中至少十五个交易日的收盘价格不低于当期 转股价格的 130%（含 130%）"），届时根据《公司向不特定对象发行可转换公司债券募集说明书》中 有条件赎回条款的相关约定，公司有权决定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 的可转换公司债券。 ...

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]

Core Points - The company, 欧陆通, announced a temporary suspension of the conversion of its convertible bonds due to the implementation of the 2025 semi-annual equity distribution [2] - The suspension period for the convertible bonds (code: 123241; abbreviation: 欧通转债) will last from September 29, 2025, until the equity registration date on October 16, 2025 [2] - The conversion of the bonds will resume on the first trading day after the equity registration date, which is October 17, 2025 [2]

Core Points - The Zhongzheng Convertible Bond Index opened at 487.44 points, experiencing a decline of 0.08% [1] - The largest declines were seen in the following convertible bonds: Yuguang Convertible Bond (-4.13%), Enjie Convertible Bond (-2.53%), Outong Convertible Bond (-2.36%), Liyang Convertible Bond (-2.36%), and Lushan Convertible Bond (-2.24%) [1] - Conversely, the top gainers included Zhonghuan Convertible Bond (+20.00%), Limin Convertible Bond (+5.64%), Lizhong Convertible Bond (+3.80%), Zhongchen Convertible Bond (+1.62%), and Sheng24 Convertible Bond (+1.56%) [1]

Core Viewpoint - The company announced that its convertible bonds, "Ou Tong Convertible Bonds," will be suspended for conversion from September 29, 2025, until the registration date for the semi-annual equity distribution, after which conversion will resume on the first trading day following the registration date [1] Summary by Relevant Sections - **Convertible Bonds Suspension**: The suspension period for the conversion of "Ou Tong Convertible Bonds" is set from September 29, 2025, until the semi-annual equity distribution registration date in 2025 [1] - **Resumption of Conversion**: Conversion of the bonds will resume on the first trading day after the semi-annual equity distribution registration date [1]

Group 1 - The core viewpoint of the article discusses recent developments in convertible bonds, including proposals for adjustments and shareholder actions [1][2][4][6] - Zhengchuan Convertible Bond has proposed a downward adjustment [1][2] - Outoong Convertible Bond will not be forcibly redeemed [1][2] - Haibo Heavy Industry plans to reduce its holdings by no more than 1% of repurchased shares [1] - Guanzhong Ecology is planning a change in control and has suspended trading [1] - Ruifeng High Materials' shareholders intend to reduce their holdings by no more than 0.96% [1] Group 2 - A table lists various convertible 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 [4][6] - For example, the current price of Jiaojian Convertible Bond is 162.161, with a redemption price of 100.044, and a conversion value of 162.90 [4] - The remaining scale of Jinxian Convertible Bond is 0.145 billion, with a market value ratio of 0.39% [4] - The current price of Dongjie Convertible Bond is 261.820, with a conversion value of 265.84 and a remaining scale of 0.731 billion [4]

Core Points - The company announced that its stock has met the conditions for the conditional redemption of the "Outong Convertible Bonds" from September 1 to September 19, 2025, where the closing price was at least 130% of the conversion price for at least 15 out of 30 consecutive trading days [1] - The board of directors decided not to exercise the early redemption rights for the "Outong Convertible Bonds" during this period and will not redeem them early [1] - If the conditional redemption criteria are triggered again from September 20 to December 19, 2025, the company will also refrain from exercising the early redemption rights [1] - The board will reconvene after December 19, 2025, to decide on the early redemption rights if the conditions are met again [1]

Core Viewpoint - The China Convertible Bond Index rose by 1.23% on September 11, closing at 480.25 points, indicating a positive trend in the convertible bond market [1] Group 1: Market Performance - The top performers in the convertible bond market included Fushi Convertible Bond, which increased by 20.00%, and Jing 23 Convertible Bond, also rising by 20.00% [1] - Other notable gains were seen in Jiaze Convertible Bond, which rose by 17.69%, and Outong Convertible Bond, which increased by 11.67% [1] - Conversely, Titan Convertible Bond experienced a decline of 2.69%, while Huicheng Convertible Bond fell by 2.04%, and Limin Convertible Bond decreased by 1.17% [1]

Summary of Key Points Core Viewpoint - The convertible bond market, which had shown strong performance earlier in the year, has recently entered a phase of continuous adjustment, with over 90% of convertible bonds experiencing declines in the last seven trading days [1][2]. Market Performance - Since reaching a peak on August 25, the convertible bond market has seen a downturn, with the China Convertible Bond Index entering a correction phase starting August 26, including a significant drop of 2.82% on August 27 [1][2]. - In the last seven trading days, more than 400 convertible bonds have declined, representing over 90% of the total, with nearly 230 bonds falling more than 5% and over 50 bonds dropping more than 10% [2][3]. Specific Bond Performance - Notable convertible bonds such as Tianyuan Convertible Bond have seen a price drop from over 240 yuan to 191.700 yuan, marking a cumulative decline of over 20% [3]. - The Borui Convertible Bond has also faced a decline, dropping from over 320 yuan to 260.457 yuan, with a cumulative decrease of 18.84% [5]. Market Influences - The recent adjustment in the convertible bond market is believed to be influenced by the weak performance of the underlying stocks. The Shanghai Composite Index has shown a slowdown, with a cumulative decline of 1.80% over the past seven trading days [7]. - The average decline of the underlying stocks corresponding to convertible bonds that fell over 10% is more than 10%, indicating a significant underperformance compared to the broader market [7][8]. Future Outlook - According to research from Guojin Securities, the overall probability of continued upward movement in the equity market remains high, but there is a short-term impulse for profit-taking in convertible bonds. The market is expected to experience increased trading activity and volatility [10][11].

Core Viewpoint - The company has proposed a profit distribution plan for the first half of 2025, which includes a cash dividend distribution to shareholders based on the available profit as of June 30, 2025 [1][2][3]. Profit Distribution Plan - The company plans to distribute a cash dividend of 4.34 yuan (including tax) for every 10 shares, totaling 46,796,541.29 yuan (including tax) to shareholders [2][3]. - The distribution is based on a total share count of 107,826,132 shares, excluding shares held in the company's repurchase account [2]. - The total distributable profit as of June 30, 2025, is reported to be 949,361,172.21 yuan for the consolidated financial statements and 724,134,350.09 yuan for the parent company [1]. Legality and Compliance - The profit distribution plan complies with relevant laws and regulations, including the Company Law of the People's Republic of China and the Shenzhen Stock Exchange's guidelines [2][3]. - The plan is designed to ensure that the company maintains sufficient liquidity and does not affect its normal operational funding needs [2][3]. Approval Process - The profit distribution proposal has been approved by the company's board and supervisory committee and will be submitted for shareholder approval [1][3]. - The proposal considers the interests and reasonable demands of investors while ensuring the company's long-term development [3]. Additional Information - The company has implemented measures to control insider information and prevent insider trading related to this announcement [3].