Group 1 - The company announced the results of the bond repurchase for "Zhengchuan Convertible Bond" with a repurchase price of 100.35 RMB per bond, including current interest [1][2] - The repurchase period was from June 20, 2025, to June 26, 2025, during which the effective repurchase applications amounted to 0 bonds and 0 RMB [1][2] - The company will not need to handle any subsequent payment processes to investors as there were no valid repurchase applications [2] Group 2 - The repurchase of "Zhengchuan Convertible Bond" will not have a significant impact on the company's cash flow, asset status, or share capital [2] - Unredeemed "Zhengchuan Convertible Bonds" will continue to be traded on the Shanghai Stock Exchange [2]

Key Points - The company, Chongqing Zhengchuan Pharmaceutical Packaging Materials Co., Ltd., will initiate the conditional redemption of its convertible bonds, Zhengchuan Convertible Bonds, starting from April 28, 2025, due to the stock price being below 70% of the conversion price for 30 consecutive trading days [1][2] - The redemption price for the bonds is set at 100.35 RMB per bond, which includes the accrued interest [3][4] - The redemption period is from June 20, 2025, to June 26, 2025, during which the bonds will stop converting into shares [3][5] - Holders of the Zhengchuan Convertible Bonds have the option to redeem either part or all of their unconverted bonds, and this redemption is not mandatory [4][5] - The company will announce the results of the redemption and its impact on the company after the redemption period [4][5]

Core Viewpoint - The company announces the conditional redemption of its convertible bonds, "Zhengchuan Convertible Bonds," allowing bondholders to sell their bonds back to the company at a specified price during a designated period [2][3][7]. Redemption Terms - The redemption price is set at 100.35 RMB per bond, including the current interest [2][11]. - The redemption period is from June 20, 2025, to June 26, 2025, during which the bonds will stop converting into shares [4][10]. - If bondholders do not exercise their redemption rights during this period, they will lose the opportunity to redeem for the current interest year [2][3]. Conditions for Redemption - The redemption clause is activated if the company's stock price remains below 70% of the bond's conversion price for 30 consecutive trading days [3][5]. - The bondholders have the option to redeem part or all of their unconverted bonds, and this redemption is not mandatory [7][8]. Interest Calculation - The interest for the current period is calculated based on a 2.40% annual rate, resulting in approximately 0.35 RMB per bond for the 53 days from April 28, 2025, to June 20, 2025 [6][12]. Trading During Redemption Period - The "Zhengchuan Convertible Bonds" will continue to trade during the redemption period but will not allow conversion into shares [14]. - If the total face value of the bonds in circulation falls below 30 million RMB due to redemptions, the bonds will still continue to trade until the end of the redemption period [15].

Group 1 - The core viewpoint of the announcement is that the credit rating for Chongqing Zhengchuan Pharmaceutical Packaging Materials Co., Ltd. remains unchanged at "A+" for both the company and its convertible bonds, with a stable outlook [1][2]. - The previous credit rating was also "A+" for both the company and the convertible bonds, with a stable outlook, indicating consistency in the company's financial health [2]. - The credit rating was conducted by United Credit Rating Co., Ltd., based on a comprehensive analysis of the company's operational and industry conditions [2]. Group 2 - The announcement confirms that the tracking credit rating report is available on the Shanghai Stock Exchange website for further details [2].

Group 1 - The company will stop the conversion of its convertible bonds "Zhengchuan Convertible Bonds" from May 14, 2025, until the equity registration date due to the implementation of the 2024 profit distribution plan [1][3] - The profit distribution plan involves a cash dividend of 2.46 yuan per 10 shares (including tax) to all shareholders, with no capital reserve conversion to share capital or bonus shares [2][3] - The profit distribution plan was approved at the annual general meeting held on April 30, 2025, and details will be disclosed on the Shanghai Stock Exchange and other designated media [2][3] Group 2 - The company will announce the implementation of the profit distribution and the adjustment of the conversion price for the convertible bonds on May 15, 2025 [3] - Holders of "Zhengchuan Convertible Bonds" must convert their bonds before May 13, 2025, to enjoy the benefits of the profit distribution [3]