Company Overview - As of July 4, 2025, Huanxu Electronics (601231) closed at 14.5 yuan, a slight increase of 0.07% from the previous week [1] - The company's current market capitalization is 31.846 billion yuan, ranking 10th out of 88 in the consumer electronics sector and 468th out of 5149 in the A-share market [1] Recent Developments - The sixth board of directors held its nineteenth meeting, passing three resolutions: the proposed sale of a controlling subsidiary's land, the renewal of a housing lease agreement, and the revision of the group's tax policy, all with unanimous support [1][3] - In the second quarter of 2025, 179,000 yuan of "Huanxu Convertible Bonds" were converted into 9,236 shares, representing 0.0004% of the company's total issued shares prior to conversion [1][3] - As of June 2025, the company has repurchased a total of 257,400 shares at a cost of 3,630,573 yuan, with a repurchase price range between 13.96 and 14.55 yuan per share [2][3] Share Buyback Plan - The company approved a share buyback plan on April 25, 2025, with a total budget of no less than 150 million yuan and no more than 300 million yuan, set to run from April 25, 2025, to April 24, 2026 [2] - Following the annual equity distribution for 2024, the maximum repurchase price was adjusted to 19.77 yuan per share starting June 6, 2025 [2]

Core Viewpoint - The announcement details the results of the convertible bond conversion and stock option incentive plan for Huanxu Electronics in the second quarter of 2025, highlighting the number of shares converted and the adjustments in stock option prices due to various corporate actions [1][3][11]. Convertible Bond Conversion - As of June 30, 2025, a total of 179,000 yuan of "Huanxu Convertible Bonds" has been converted into 9,236 shares, representing 0.0004% of the company's total shares before conversion [3][4]. - The remaining unconverted amount of "Huanxu Convertible Bonds" is 3,449,821,000 yuan, accounting for 99.9948% of the total issuance [3][4]. Stock Option Incentive Plan - In the second quarter of 2025, there were no shares exercised under the stock option incentive plan, with a cumulative total of 11,683,419 shares exercised since the plan's inception, raising 181,560,331 yuan for the company [11][15]. - The stock option exercise price for the 2023 plan has been adjusted from 14.54 yuan to 14.04 yuan due to annual equity distribution [12][15]. - The number of stock options for the 2023 plan has been reduced from 1,386.85 million to 687.75 million due to the cancellation of options for those who left or did not meet performance criteria [12][13]. Share Capital Changes - The total share capital increased from 2,196,199,964 shares to 2,196,273,929 shares due to the conversion of convertible bonds and stock options exercised [16].

Group 1 - The company announced a share repurchase plan with a total expected amount between 150 million and 300 million RMB [1][2] - The repurchase period is set from April 25, 2025, to April 24, 2026 [1][2] - The maximum repurchase price is capped at 20.00 RMB per share, with actual repurchase prices ranging from 13.96 RMB to 14.12 RMB per share [1][2] Group 2 - As of the announcement, the company has repurchased a total of 242,400 shares, representing approximately 0.01% of the total share capital [1][2] - The total amount spent on repurchased shares so far is approximately 3.41 million RMB [1][2] - The company will adhere to relevant regulations and disclose information regarding the progress of the share repurchase [2]

Group 1 - The China Securities Convertible Bond Index opened up by 0.03% [1] - Huati Convertible Bond increased by over 6% [1] - Diao Convertible Bond rose by over 4% [1] - Yuguang Convertible Bond gained over 3% [1] - Tianyang Convertible Bond, Huanxu Convertible Bond, and Yong02 Convertible Bond fell by over 1% [1]

Group 1 - The company announced a temporary suspension of the conversion of "Huanxu Convertible Bonds" due to the implementation of the 2024 annual equity distribution plan [1][2] - The equity distribution plan was approved at the annual shareholders' meeting held on April 22, 2025, and will be based on the total share capital minus the shares in the company's repurchase account [2] - The company will disclose the implementation announcement and the adjustment of the conversion price for "Huanxu Convertible Bonds" on May 30, 2025 [2] Group 2 - The suspension of the conversion will occur from May 29, 2025, until the equity distribution registration date, with resumption on the first trading day after the registration date [2] - Holders of "Huanxu Convertible Bonds" wishing to enjoy the equity distribution must convert their bonds by May 28, 2025 [2] - The company’s securities department can be contacted for further information [2]

Group 1 - The company has received a letter from its sponsor, Guotai Junan Securities, regarding the change of the representative for continuous supervision of its convertible bond project [1][2] - The original representatives, Zhang Zihui and Chen Hengrui, have been replaced due to work arrangements, with Liu Saihui appointed as the new representative [1][2] - The change in representatives will not affect the conclusions previously provided by the sponsor and the representatives will continue to bear legal responsibility for the authenticity, accuracy, and completeness of the documents issued [1][2] Group 2 - Liu Saihui has been involved in investment banking since 2007 and has held significant roles in various IPOs and financing projects, indicating her experience in the field [4]

Key Points - The company announced the results of the convertible bond conversion and stock option incentive plan for the first quarter of 2025, highlighting the conversion of a total of 33,000 yuan of "Huanxu Convertible Bonds" into 1,752 shares [1][4] - As of March 31, 2025, a total of 177,000 yuan of "Huanxu Convertible Bonds" has been converted into 9,130 shares, accounting for 0.0004% of the company's total shares before the conversion [1][4] - The remaining amount of unconverted "Huanxu Convertible Bonds" is 3,449,824,000 yuan, which represents 99.9949% of the total issuance [1][4] - The initial conversion price of the "Huanxu Convertible Bonds" was adjusted from 20.25 yuan to 18.83 yuan due to various corporate actions, including equity distributions and stock option exercises [2][4] - The stock option incentive plan saw a total of 11,683,419 shares exercised, representing 58.22% of the total available options as of March 31, 2025 [2][11] - For the 2023 stock option incentive plan, 3,822,162 shares were exercised, accounting for 27.56% of the total available options [2][11] - The company raised a total of 42,299,523 yuan from the stock option exercises in the first quarter of 2025 [11][14] - The total number of shares after the bond conversion and stock option exercises increased to 2,196,199,964 shares as of March 31, 2025 [15]

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、准确性和完整性承担法律责任。 重要内容提示： 环旭电子股份有限公司（以下简称"公司"）于 2021 年 3 月 4 日公开发行的可 转换公司债券（以下简称"本期债券""可转债""环旭转债"）将于 2025 年 3 月 4 日 开始支付自 2024 年 3 月 4 日至 2025 年 3 月 3 日期间的利息。根据公司《公开发 行可转换公司债券募集说明书》有关条款的规定，现将有关事项公告如下： | 证券代码：601231 | 证券简称：环旭电子 公告编号：2025-013 | | --- | --- | | 转债代码：113045 | 转债简称：环旭转债 | 环旭电子股份有限公司 关于"环旭转债"2025 年付息事宜的公告 一、可转债发行上市概况 1、债券名称：2021 年环旭电子股份有限公司公开发行可转换公司债券 8、票面利率：第一年 0.10%、第二年 0.20%、第三年 0.60%、第四年 1.30%、 第五年 1.80%、第六年 2.00% 9、上市日期：2021 年 4 月 2 日 1 可转债付息债权 ...

| 证券代码：601231 | 证券简称：环旭电子 公告编号：2025-010 | | --- | --- | | 转债代码：113045 | 转债简称：环旭转债 | 环旭电子股份有限公司 关于控股股东减持公司可转换公司债券的公告 二、前次可转债减持情况 2022 年 3 月 30 日至 2022 年 9 月 16 日，环诚科技和日月光半导体通过上海 证券交易所交易系统共计减持"环旭转债"4,879,780 张，占发行总量的 14.14%。 本次减持完成后，日月光半导体不再持有环旭转债。具体情况详见公司于 2022 年 9 月 17 日披露的《关于控股股东及一致行动人减持公司可转换公司债券的公 告》（公告编号：临 2022-089）及《关于控股股东及一致行动人减持公司可转换 1 公司债券的更正公告》（公告编号：临 2022-090）。 2022 年 9 月 19 日至 2022 年 11 月 2 日，环诚科技通过上海证券交易所债券 交易系统以集中竞价、大宗交易的方式合计减持环旭转债 6,395,030 张，占发行 总量的 18.54%。具体情况详见公司于 2022 年 11 月 3 日披露的《关于控股股东 减 ...