Core Viewpoint - The company, Zhejiang Mining Heavy Industry Co., Ltd., has announced the potential for a downward adjustment of the conversion price for its convertible bonds, "Zhejiang Mining Convertible Bonds," if certain conditions are met regarding the stock price [1][4]. Summary by Sections Convertible Bond Basic Information - The company issued 3,200,000 convertible bonds with a total value of 320 million yuan, netting approximately 311.48 million yuan after expenses [1][2]. - The bonds were listed on the Shenzhen Stock Exchange on March 28, 2023, under the code "123180" [2]. Conversion Period and Price Adjustment - The conversion period for the bonds is from September 15, 2023, to March 8, 2029 [2]. - The conversion price has been adjusted multiple times, currently set at 48.49 yuan per share, with further adjustments scheduled for June 6, 2024, and May 28, 2025 [2][3]. Downward Adjustment Clause - The company can propose a downward adjustment of the conversion price if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][4]. - The adjustment must be approved by at least two-thirds of the voting rights at a shareholders' meeting, excluding those holding the convertible bonds [2][3]. Specific Conditions for Adjustment - The current threshold for triggering a downward adjustment is if the stock price falls below 40.71 yuan per share [4][5]. - The company has decided not to exercise the right to adjust the conversion price for a six-month period following the board's decision, which will be re-evaluated after August 19, 2025 [4][5]. Other Matters - Investors are encouraged to refer to the full prospectus published on March 7, 2023, for additional details regarding the convertible bonds [5].

Group 1 - The company, Zhe Kuang Heavy Industry Co., Ltd., issued convertible bonds totaling 320 million RMB, with a net amount of approximately 311.48 million RMB after deducting fees [3][4][12] - The bonds have a maturity period of 6 years, from March 9, 2023, to March 8, 2029, with an initial conversion price set at 48.79 RMB per share [4][5][8] - The company reported a revenue of approximately 653.11 million RMB for the year 2024, representing a 19.19% increase compared to 2023 [14] Group 2 - The company achieved a net profit of approximately 80.13 million RMB in 2024, while the net profit attributable to shareholders decreased by 29.47% compared to the previous year [14] - The total assets of the company increased by 8.56% year-on-year, reaching approximately 2.36 billion RMB by the end of 2024 [14] - The company has not experienced any delays in the payment of interest or principal on its various bonds and debt financing tools [14][15] Group 3 - The company has established a special account for the management of the funds raised from the bond issuance, ensuring proper oversight and usage of the funds [15] - As of December 31, 2024, the company had invested approximately 28.59 million RMB of the raised funds into its projects [15] - The company has not made any changes to the intended use of the raised funds, and the funds are being utilized as per the original commitments [15][16]

Group 1 - The company announced an adjustment to the conversion price of its convertible bonds, "Zhekuang Convertible Bonds," following the distribution of cash dividends [1][3] - The initial conversion price was set at 48.79 yuan per share, which was adjusted to 48.49 yuan per share on June 28, 2023, and will further adjust to 48.19 yuan per share on June 6, 2024 [2][3] - The latest adjustment is based on a cash dividend distribution of 3.00 yuan per 10 shares, resulting in a new conversion price of 47.89 yuan per share effective from May 28, 2025 [4] Group 2 - The company will disclose the conversion price adjustments in accordance with relevant regulations and will ensure that the rights of convertible bondholders are protected [2] - The adjustment formulas for conversion prices are specified in the company's prospectus, detailing how various corporate actions will affect the conversion price [1][2] - The company will implement the annual profit distribution plan on May 27, 2025, with cash dividends directly credited to shareholders' accounts on May 28, 2025 [4]

Core Viewpoint - The company has approved a cash dividend distribution plan for the fiscal year 2024, providing a cash dividend of 3.00 RMB per 10 shares, with no stock dividends or capital reserve transfers planned [1][2]. Summary by Sections Shareholder Meeting and Dividend Plan - The annual shareholder meeting held on May 12, 2025, approved the profit distribution plan for 2024 [1]. - The approved plan states that for every 10 shares held, shareholders will receive a cash dividend of 3.00 RMB (tax included) [2]. Total Share Capital and Adjustments - As of May 16, 2025, the total share capital of the company is 100,001,528 shares, which may increase if convertible bonds are converted before the dividend distribution [2][3]. - The distribution plan will adjust the total amount based on the number of shares on the record date if there are changes in total share capital due to various corporate actions [2]. Dividend Distribution Details - The record date for the dividend distribution is set for May 27, 2025, and the ex-dividend date is May 28, 2025 [3]. - Cash dividends will be directly credited to shareholders' accounts through their custodial securities companies [3]. Taxation and Compliance - The company will not withhold individual income tax at the time of distribution; tax will be calculated based on the holding period when shares are sold [2][3]. - Different tax rates apply for foreign institutional investors and domestic investors holding shares [2]. Adjustments to Convertible Bonds - Following the dividend distribution, the conversion price of the company's convertible bonds will be adjusted from 48.19 RMB per share to 47.89 RMB per share [5]. Shareholder Commitments - Major shareholders have committed to not selling their shares below a specified price for a period following the lock-up period, with adjustments made to the minimum selling price based on dividend distributions [4].

| 证券代码：300837 | 证券简称：浙矿股份 | 公告编号：2025-006 | | --- | --- | --- | | 债券代码：123180 | 债券简称：浙矿转债 | | 浙矿重工股份有限公司 关于可转换公司债券 2025 年付息的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1. "浙矿转债"（债券代码：123180）将于 2025 年 3 月 10 日（原付息日 2025 年 3 月 9 日为休息日，顺延至下一交易日）按面值支付第二年利息，每 10 张"浙矿 转债"（面值：1,000.00 元）利息为 6.00 元（含税）。 2. 债券登记日：2025 年 3 月 7 日（星期五） 3. 付息日：2025 年 3 月 10 日（星期一） 4. 除息日：2025 年 3 月 10 日（星期一） 5. 本次付息期间及票面利率：计息期间为 2024 年 3 月 9 日至 2025 年 3 月 8 日，票面利率为 0.60%。 6. "浙矿转债"本次付息的债权登记日为 2025 年 3 月 7 日，截至 2025 年 3 月 7 ...