Group 1: New Stock Issuances - China Heavy Industry (601989) has a cash option declaration period from August 13, 2025[1] - China Shipbuilding (600150) has a buyback request period from August 13 to August 15, 2025[1] - Shenkai Co. (002633) has a tender offer period from July 29 to August 27, 2025[1] Group 2: Tender Offers and Mergers - ST Kelly (300326) has a tender offer period from July 17 to August 15, 2025[1] - Fushun Special Steel (600399) has a tender offer period from August 12 to September 10, 2025[1] - China Heavy Industry (601989) is involved in an absorption merger[1] Group 3: Abnormal Fluctuations - Tianlu Convertible Bond (110060) reported severe abnormal fluctuations on July 30, 2025[2] - Henghe Precision (300539) reported abnormal fluctuations on July 29, 2025[2] - ST Suwu (600200) reported abnormal fluctuations on August 6, 2025[2]

Core Viewpoint - The announcement details the completion of the second vesting period for the first grant of the 2022 restricted stock incentive plan by Raytron Technology Co., Ltd, with 3,275,000 shares set to be listed on August 11, 2025 [2][4][15]. Group 1: Stock Listing and Vesting Details - The stock type being listed is for equity incentive, with a total of 3,275,000 shares to be listed [2][3]. - The listing date for the shares is August 11, 2025 [4][12]. - The shares are part of the first grant of the 2022 restricted stock incentive plan, with the second vesting period completed on August 5, 2025 [4][17]. Group 2: Decision-Making Process and Approval - The decision-making process for the stock vesting involved multiple meetings of the board and supervisory committee, with independent opinions provided [5][6][8]. - The initial grant was approved during the second extraordinary general meeting of shareholders on October 25, 2022 [6][7]. Group 3: Financial Impact and Share Capital Changes - Following the vesting, the total share capital of the company increased from 456,962,540 shares to 460,237,540 shares [13][21]. - The number of shares vested represents 0.72% of the total shares before the vesting [15]. - The net profit attributable to shareholders for Q1 2025 was reported at 145,818,960.66 yuan, with a basic earnings per share of 0.3205 yuan; the vesting will dilute this figure based on the new total share count [14][15]. Group 4: Convertible Bond Price Adjustment - The completion of the stock vesting triggered an adjustment in the conversion price of the company's convertible bonds, changing from 39.35 yuan to 39.21 yuan per share [19][21]. - The adjusted conversion price will take effect on August 8, 2025, following a temporary suspension of conversion on August 7, 2025 [19][21].

Core Viewpoint - The company, Yantai Ruichuang Micro-Nano Technology Co., Ltd., announced the adjustment of the conversion price for its convertible bonds due to the implementation of the 2024 annual equity distribution, with the new conversion price set at 39.35 CNY per share, down from 39.43 CNY per share [1]. Group 1: Equity Distribution and Conversion Price Adjustment - The equity distribution will result in the suspension of the conversion of convertible bonds from July 2, 2025, to July 8, 2025, with resumption on July 9, 2025 [1]. - The adjustment of the conversion price is based on the company's issuance of convertible bonds and the relevant regulations, with the new price calculated as 39.35 CNY per share after accounting for a cash dividend of 0.08 CNY per share [1]. - The total share capital of the company is 456,962,515 shares, with 448,698,915 shares participating in the distribution after deducting shares held in the repurchase account [1]. Group 2: Regulatory Compliance and Investor Information - The equity distribution plan was approved at the company's annual general meeting on May 20, 2025, and the details were disclosed on the Shanghai Stock Exchange [1]. - Investors seeking more information about the convertible bonds can refer to the company's prospectus published on December 28, 2022 [1]. - The company has a legal responsibility to ensure the accuracy and completeness of the announcement content [1].

Key Points - The company has issued 15,646,900 convertible bonds at a face value of RMB 100 each, raising a total of RMB 156,469,000, with a net amount of RMB 155,479,060 after expenses [1][2] - The convertible bonds, named "Raytron Convertible Bonds," began trading on the Shanghai Stock Exchange on February 10, 2023, and can be converted into company shares starting from July 6, 2023 [2] - The initial conversion price for the bonds was set at RMB 40.09 per share, which has been adjusted multiple times due to stock incentive plans and dividend distributions, with the latest adjustment bringing the price to RMB 39.43 per share [3] - The conversion period for the bonds is from July 6, 2023, to December 29, 2028, with a total of RMB 95,248,000 converted into shares by June 30, 2025, representing 6.09% of the total issuance [4][5] - As of June 30, 2025, there remains RMB 1,469,442,000 of the convertible bonds that have not been converted, accounting for 93.91% of the total issuance [5]

Group 1 - The company announced a temporary suspension of the convertible bond's conversion rights due to the implementation of the 2024 annual equity distribution [1] - The 2024 annual profit distribution plan includes a cash dividend of RMB 0.80 per 10 shares, with the total share capital adjusted for shares held in the company's repurchase account [1] - The conversion price of the convertible bond will be adjusted from RMB 39.43 per share to RMB 39.35 per share following the equity distribution [1] Group 2 - The company will disclose the implementation announcement of the equity distribution and the adjustment of the convertible bond's conversion price on July 3, 2025 [1] - The suspension of the convertible bond's conversion will occur from July 2, 2025, until the equity distribution's registration date, with resumption on the first trading day after the registration [1] - Investors are advised to refer to the company's previously disclosed documents for detailed information regarding the convertible bond [1]

Group 1 - The company's previous credit rating was "AA" and the credit rating for "Rui Chuang Convertible Bonds" was also "AA", with both being placed on the rating watch list [1][2] - The current credit rating for the company remains "AA", has been removed from the rating watch list, and the rating outlook is "stable" [1][2] - The credit rating agency Shanghai New Century conducted a follow-up credit rating for the company's convertible bonds issued in 2022, maintaining the "AA" rating for both the company and the bonds [2] Group 2 - The follow-up rating report was issued on June 10, 2025, and disclosed on the Shanghai Stock Exchange website [2] - The report is based on a comprehensive analysis of the company's operational status and related industry [2]

Group 1 - The company has conducted a self-examination regarding the trading of its stock by insiders related to the 2025 Restricted Stock Incentive Plan, confirming no insider trading occurred during the review period [2][3] - The self-examination period was defined as six months prior to the public disclosure of the incentive plan, from October 24, 2024, to April 24, 2025 [2] - Only one insider was found to have traded the company's stock during the self-examination period, and this trading was based on publicly available information without knowledge of the incentive plan [3] Group 2 - The company adhered to strict confidentiality measures and regulatory requirements throughout the planning of the incentive program, ensuring that only a limited number of personnel had access to insider information [3] - The company has confirmed that no insider information was leaked, and no insider trading based on the incentive plan's information was detected [3]