登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688596 证券简称：正帆科技 公告编号：2025-062 转债代码：118053 转债简称：正帆转债 上海正帆科技股份有限公司 关于2021年第二期股票期权激励计划于 2025年第三季度自主行权结果暨 股份变动公告 公司于2021年11月8日召开第三届董事会第六次会议、第三届监事会第四次会议，并于2021年11月24日 召开2021年第四次临时股东大会，审议通过了《关于公司〈2021年第二期股票期权激励计划（草案）〉 及其摘要的议案》《关于公司〈2021年第二期股票期权激励计划实施考核管理办法〉的议案》等议案， 同意实施本次激励计划。 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： ● 本次行权数量： 上海正帆科技股份有限公司（以下简称"公司"）2021年第二期股票期权激励计划的第三个行权期可行权 数量为3,134,800股，行权期为2024年12月17日至2025年12月2日（行权日须为交易日）。2025年第三季 度，累计行权且完成登记384 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688596 证券简称：正帆科技 公告编号：2025-057 ● 转股价格调整起始日期：2025年9月18日 一、转股价格调整依据 （一）股票期权自主行权 公司2021年第二期股票期权激励计划第三个等待期已于2024年12月3日届满，根据行权手续办理情况， 2021年第二期股票期权激励计划第三个行权期的有效期为2024年12月17日-2025年12月2日（行权日须为 交易日），因2024年权益分派，调整后的行权价格为21.30元/股，本次采用自主行权模式。自上次调整 转股价格起始日（2025年6月27日）起至本公告披露日，行权并完成登记384,386股，总股本由 292,539,068股变为292,923,454股。 转债代码：118053 转债简称：正帆转债 上海正帆科技股份有限公司 关于"正帆转债"转股价格调整的 提示性公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 根据公司《向不特定对象发行可转换公司债券募集说明书》（以下简称"《募集说 ...

证券日报网讯 9月16日晚间，正帆科技发布公告称，本次"正帆转债"的转股价格由38.54元/股调整为 38.52元/股，调整后的转股价格自2025年9月18日起生效。 （文章来源：证券日报） ...

Core Viewpoint - Shanghai Zhengfan Technology Co., Ltd. reported a total asset increase of 8.04% year-on-year, reaching approximately 10.11 billion yuan, while the net profit attributable to shareholders decreased by 48.45% compared to the previous year [1][4]. Company Overview - The company is listed on the Shanghai Stock Exchange with the stock code 688596 and is categorized under the Sci-Tech Innovation Board [1]. - The company’s total assets at the end of the reporting period were 10,110,044,156.67 yuan, an increase from 9,357,432,565.16 yuan at the end of the previous year [1]. Financial Performance - The operating revenue for the reporting period was 2,016,868,258.75 yuan, reflecting an increase of 8.88% compared to the same period last year [1]. - The total profit for the period was 72,476,816.06 yuan, a decrease of 39.01% year-on-year [1]. - The net profit attributable to shareholders was 58,801,885.63 yuan, down 48.45% from 114,063,784.25 yuan in the previous year [1]. - The net cash flow from operating activities was -191,491,540.56 yuan, indicating a negative cash flow situation [1]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 10,235 [2]. - The largest shareholder, Wind Sail Holdings Limited, holds 17.36% of the shares, amounting to 50,789,260 shares [2]. Convertible Bonds - The company issued 10,410,950 convertible bonds with a total value of 104,109,500 yuan, with a face value of 100 yuan per bond [3]. - The bonds were approved by the China Securities Regulatory Commission and are listed on the Shanghai Stock Exchange under the name "Zhengfan Convertible Bonds" [3]. - The number of bondholders at the end of the reporting period was 15,842 [3]. Debt and Credit Rating - The total liabilities of the company were 6,353,000,000 yuan, resulting in a debt-to-asset ratio of 62.84% [4]. - The company received an "AA" credit rating from China Chengxin International Credit Rating Co., Ltd., with a stable outlook [4].

截至2025年3月，正帆科技筹码集中度非常集中。十大股东持股合计占比38.07%，十大流通股东持股合 计占比38.07%。股东人数1.109万户，人均流通股2.634万股，人均持股金额102.0万元。 资料显示，上海正帆科技股份有限公司创立于2009年,多年来服务于中国集成电路、平板显示、半导体 照明、太阳能光伏、光纤制造以及生物制药产业,向客户提供制程关键系统综合解决方案。正帆科技是 一个志存高远、力争基业长青的企业。我们致力于向中国高科技产业的客户提供先进的技术、可靠的产 品和完善的服务。正帆科技年轻、专业、充满活力和激情的专业化团队立志为实业兴国和技术兴国的民 族理想做出自己的贡献。 根据最新一期财务数据，2025年1月-3月，正帆科技实现营业收入6.767亿元，同比增加14.94%；归属净 利润3442.3万元，同比增加38.23%；扣非净利润2463.45万元，同比增加50.77%。 8月25日，正帆转债收盘下跌2.63%报147.044元/张，成交额1.88亿元，转股溢价率45.65%。 资料显示，正帆转债信用级别为"AA"，债券期限6年（本次发行的可转换公司债券票面利率为第一年 0.20%、第二 ...

Group 1 - The core point of the news is the performance and characteristics of Zhengfan Convertible Bonds, which have seen a price increase and a notable conversion premium rate [1] - Zhengfan Convertible Bonds have a credit rating of "AA" and a maturity period of 6 years, with a coupon rate that increases over the years, starting from 0.20% in the first year to 2.00% in the sixth year [1] - The conversion price for the bonds is set at 38.54 yuan, with the conversion period starting on September 24, 2025 [1] Group 2 - Zhengfan Technology Co., Ltd. was founded in 2009 and provides comprehensive solutions for key processes in industries such as integrated circuits, flat panel displays, semiconductor lighting, solar photovoltaics, optical fiber manufacturing, and biopharmaceuticals [2] - For the first quarter of 2025, Zhengfan Technology reported a revenue of 676.7 million yuan, representing a year-on-year increase of 14.94%, and a net profit attributable to shareholders of 34.42 million yuan, up 38.23% year-on-year [2] - The concentration of shareholding is high, with the top ten shareholders holding a combined 38.07% of the shares, and the average holding amount per shareholder is 1.02 million yuan [2]

资料显示，正帆转债信用级别为"AA"，债券期限6年（本次发行的可转换公司债券票面利率为第一年 0.20%、第二年0.40%、第三年0.60%、第四年1.20%、第五年1.60%、第六年2.00%），对应正股名称为 正帆科技，转股开始日为2025年9月24日，转股价38.54元。 可转换债券简称可转债，是一种可以在特定时间、按特定条件转换为普通股票的特殊企业债券，兼具债 权和股权的特征。一般而言，持有人可按照发行时约定的价格将债券转换成公司的普通股票的债券。如 果债券持有人不想转换，则可以继续持有债券，直到偿还期满时收取本金和利息，或者在流通市场出售 变现。 资料显示，上海正帆科技股份有限公司创立于2009年,多年来服务于中国集成电路、平板显示、半导体 照明、太阳能光伏、光纤制造以及生物制药产业,向客户提供制程关键系统综合解决方案。正帆科技是 一个志存高远、力争基业长青的企业。我们致力于向中国高科技产业的客户提供先进的技术、可靠的产 品和完善的服务。正帆科技年轻、专业、充满活力和激情的专业化团队立志为实业兴国和技术兴国的民 族理想做出自己的贡献。 8月6日，正帆转债盘中上涨2.07%报137.125元/张，成交 ...

Group 1 - The convertible bond of Zhengfan Technology has increased by 3.44% to 138.18 CNY per share, with a trading volume of 61.9493 million CNY and a conversion premium rate of 47.66% [1] - Zhengfan Technology's convertible bond has a credit rating of "AA" and a maturity of 6 years, with a coupon rate that increases over the years, starting from 0.20% in the first year to 2.00% in the sixth year [1] - The conversion price for the bond is set at 38.54 CNY, with the conversion period starting on September 24, 2025 [1] Group 2 - Zhengfan Technology, founded in 2009, provides key process system solutions to various high-tech industries in China, including integrated circuits and biopharmaceuticals [2] - For the first quarter of 2025, Zhengfan Technology reported a revenue of 676.7 million CNY, a year-on-year increase of 14.94%, and a net profit of 34.423 million CNY, up 38.23% year-on-year [2] - The company has a highly concentrated shareholder structure, with the top ten shareholders holding 38.07% of the shares, and an average holding amount of 1.02 million CNY per shareholder [2]

Group 1 - The report identifies a significant increase in the number of new convertible bonds listed recently, leading to heightened market attention towards new issuances [7][8] - Convertible bonds are categorized into four main types: white horse, value, small market cap, and balanced, each exhibiting distinct pricing characteristics and investment opportunities, necessitating differentiated strategies for new issuances [7][26] Group 2 - White horse convertible bonds are characterized by high initial valuations and a generally high conversion premium, indicating a low investment cost-effectiveness. The report advises against participating in new issuances or buying on the first day due to systemic valuation risks [7][12][26] - Value convertible bonds typically show low initial valuations, with some even trading below par. The report highlights that institutional demand can drive prices upward post-initial trading, suggesting active participation in new issuances and buying during sell-offs for optimal risk-reward ratios [13][17][26] Group 3 - Small market cap convertible bonds exhibit significant price volatility due to limited liquidity, often leading to extreme pricing deviations from fundamentals. The report recommends avoiding high-price chasing and waiting for a price correction after 4-6 months for potential value recovery opportunities [21][27] - Balanced convertible bonds present relatively rational pricing and moderate volatility, with the report suggesting participation in new issuances and buying during initial sell-offs to achieve stable returns within 1-2 months [25][27]

Profit Distribution Matters - The company plans to distribute a cash dividend of 2.80 yuan (including tax) for every 10 shares to all shareholders, amounting to a total cash dividend of 81,784,031.28 yuan (including tax) based on a total share capital of 292,085,826 shares as of the announcement date [1][2] - The company reported a net profit attributable to shareholders of 527,748,576.32 yuan for the fiscal year 2024, with retained earnings of 1,055,820,501.18 yuan as of December 31, 2024 [1][2] Board Approval and Future Adjustments - The profit distribution proposal was approved in meetings held on April 28, 2025, by both the Board of Directors and the Supervisory Board, and it will be submitted for approval at the 2024 annual general meeting [2] - Any changes in total share capital due to convertible bond conversions, share buybacks, or other corporate actions will result in adjustments to the per-share distribution ratio while maintaining the total distribution amount [2] Impact Analysis - The profit distribution plan considers the company's current development stage and future funding needs, indicating it will not significantly impact the company's operating cash flow or long-term development [2] - The proposal complies with relevant laws and regulations, ensuring it does not adversely affect the safety of bond principal and interest payments or the company's debt repayment capacity [2][3]