Group 1 - The China Convertible Bond Index rose by 1.51% to 475.93 points on September 5 [1] - Notable gainers included Xizi Convertible Bond, Qianglian Convertible Bond, Enjie Convertible Bond, Yaoki Convertible Bond, and Jingzhuang Convertible Bond, with increases of 12.53%, 9.30%, 7.84%, 6.44%, and 6.40% respectively [1] - Significant decliners included Zhonglu Convertible Bond, Dayuan Convertible Bond, Tianlu Convertible Bond, Sheyan Convertible Bond, and Dongjie Convertible Bond, with decreases of 10.22%, 3.14%, 1.63%, 1.20%, and 0.90% respectively [1]

致。 深圳中天精装股份有限公司（以下简称"公司"）于 2025 年 5 月 28 日披露 了《关于特定股东、持股 5%以上股东之一致行动人减持股份的预披露公告》（公 告编号：2025-046），原持有公司股份 101.7100 万股的股东宿迁顺其自然企业管 理合伙企业（有限合伙）（以下简称"顺其自然"）计划在减持计划期限内（2025 年 5 月 13 日至 2025 年 8 月 11 日）通过集中竞价交易方式减持公司股份不超过 公司近日收到特定股东顺其自然出具的《关于股份减持计划实施结果的告知 函》，截至本公告披露日，顺其自然本次减持计划期限已届满。现将具体情况公 告如下： 一、 股东本次减持情况 证券代码：002989 证券简称：中天精装 公告编号：2025-065 债券代码：127055 债券简称：精装转债 深圳中天精装股份有限公司 特定股东宿迁顺其自然企业管理合伙企业（有限合伙）保证向本公司提供 的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 票招股说明书》及《首次公开发行股票上市公告书》中做出的承诺，本次减持不 存在违反 ...

Group 1 - The Zhongzheng Convertible Bond Index opened lower by 0.02% [1] - N Bo 25 Convertible Bond surged by 30%, triggering a trading halt [1] - Premium decoration convertible bonds increased by over 4% [1] Group 2 - Ao Fei convertible bonds rose by over 3% [1] - Tian Lu convertible bonds increased by nearly 3% [1] - Lian Cheng convertible bonds fell by over 2% [1] Group 3 - Yi Tian, Ping Mei, and Sai Li convertible bonds each dropped by over 1.7% [1]

Core Viewpoint - The company Zhongtian Jingzhuang (002989.SZ) announced a significant reduction in shareholding by its shareholder Qiao Rongjian and his concerted party Tianrenheyi, which may impact the stock's market perception and liquidity [1][2]. Shareholding Reduction Summary - Tianrenheyi reduced its shareholding by a total of 1,798,242 shares from June 12, 2025, to July 16, 2025, accounting for 0.8932% of the total share capital as of July 15, 2025 [1][2]. - From June 12 to June 30, 2025, Tianrenheyi sold 1,562,042 shares through centralized bidding, representing 0.7759% of the total share capital, with a trading price range of 32.500 to 36.454 yuan per share [1][2]. - From July 1 to July 16, 2025, Tianrenheyi sold 97,500 shares through centralized bidding (0.0484% of total share capital) at a price range of 33.010 to 34.200 yuan per share, and 138,700 shares through block trading (0.0689% of total share capital) at a price of 29.1500 yuan per share [1][2]. Shareholding Structure - After the reduction, Qiao Rongjian and Tianrenheyi collectively hold 20,132,158 shares, reducing their ownership to 9.9999%, which touches the 1% and 5% thresholds [1][2]. - Tianrenheyi is identified as the fifth largest shareholder of the company as of the first quarter of 2025 [3]. Major Shareholders Overview - The largest shareholder, Suqian Zhongtian Rongjian Enterprise Management Co., Ltd., holds 26.85% of shares, followed by Suqian Zhongtian Anhui Zhijishu Co., Ltd. with 16.24% [4]. - Qiao Rongjian holds 7.37% of the shares, while Tianrenheyi holds 3.78% [4]. Company Background - Zhongtian Jingzhuang was listed on the Shenzhen Stock Exchange on June 10, 2020, with an initial issuance price of 24.52 yuan per share and a total issuance of 37.85 million shares [4][5]. - The total funds raised during the IPO amounted to 928 million yuan, with a net amount of 782 million yuan after deducting issuance costs [5]. - The company has also issued convertible bonds totaling 577 million yuan, with a net amount of approximately 571 million yuan after costs [6].

Core Viewpoint - The announcement details a significant change in shareholding for Shenzhen Zhongtian Jingzhuang Co., Ltd, where major shareholder Qiao Rongjian and his concerted action partner Tianrenheyi reduced their stake, impacting the company's governance structure and shareholding percentages [1][2]. Shareholding Changes - Qiao Rongjian and Tianrenheyi collectively reduced their shareholding by 1,798,242 shares, representing 0.8932% of the total share capital as of July 15, 2025 [1][2]. - Following the reduction, Qiao Rongjian and Tianrenheyi's total shareholding decreased from 21,930,400 shares (12.0697%) to 20,132,158 shares (9.9999%) [2][3]. - The reduction was executed through centralized bidding and block trading from June 12, 2025, to July 16, 2025, without causing a change in control of the company [2][3]. Impact of Convertible Bonds - The issuance of "Jingzhuang Convertible Bonds" since August 29, 2022, led to an increase in the company's total share capital, resulting in a passive dilution of Qiao Rongjian and Tianrenheyi's shareholding percentage [1][2]. - The announcement confirms that the reduction in shareholding will not significantly impact the company's ongoing operations or governance [2][3]. Compliance and Disclosure - The company has adhered to relevant regulations and disclosed the shareholding changes in accordance with the Shenzhen Stock Exchange's rules [3]. - The information disclosure obligations have been fulfilled, and the details are available on the official information disclosure platform [3].

Core Points - The announcement details the conversion of the company's convertible bonds and the changes in its share capital [1][2][3] Group 1: Convertible Bond Issuance - The company issued 5.77 million convertible bonds with a total value of RMB 577 million, approved by the China Securities Regulatory Commission [1] - The bonds were listed on the Shenzhen Stock Exchange on March 24, 2022, under the name "精装转债" and code "127055" [2] Group 2: Conversion Terms - The initial conversion price was set at RMB 23.52 per share, which was adjusted to RMB 19.10 per share on June 21, 2022, following a profit distribution plan [3] - The conversion price was further adjusted to RMB 18.50 per share effective from June 5, 2023, after the company's 2022 profit distribution [3] Group 3: Conversion and Share Capital Changes - As of June 30, 2025, the company reported a reduction of RMB 85,842,900 in the convertible bonds due to the conversion of 4,639,927 shares [4] - The total share capital increased from 196,660,676 shares to 201,300,603 shares following the conversion [4]

Core Points - The China Securities Convertible Bond Index decreased by 0.03%, closing at 428.92 points [1] - The Wind Convertible Bond Equal-weighted Index fell by 0.41%, ending at 204.01 points [1] Performance Summary - The top gainers in convertible bonds included Zhongqi Convertible Bond, Liming Convertible Bond, Jingzhuang Convertible Bond, Xiaoming Convertible Bond, and Hangyang Convertible Bond, with increases of 8.24%, 6.49%, 4.82%, 3.52%, and 3.30% respectively [1] - The largest decliners were Zhengyu Convertible Bond, Yanggu Convertible Bond, Fuxin Convertible Bond, Henghui Convertible Bond, and Jingda Convertible Bond, with decreases of 5.35%, 5.33%, 4.69%, 4.51%, and 4.34% respectively [1]

Group 1 - The China Securities Convertible Bond Index increased by 0.59% [1] - The top gainers included Hao 24 Convertible Bond, Huaxiang Convertible Bond, and Huicheng Convertible Bond, which rose by 18.03%, 11.00%, and 10.81% respectively [1] - Conversely, the Kexing Convertible Bond and Jingzhuang Convertible Bond experienced declines of 4.37% and 2.61% respectively [1]

Group 1 - The stock price of Zhongtian Decoration (002989) closed at 25.56 yuan on March 28, 2025, down 6.82% from 27.43 yuan the previous week [1] - The highest intraday price for Zhongtian Decoration on March 24 was 27.92 yuan, while the lowest intraday price on March 27 was 24.66 yuan [1] - The current total market capitalization of Zhongtian Decoration is 5.564 billion yuan, ranking 5th out of 23 in the decoration and renovation sector and 2629th out of 5140 in the A-share market [1] Group 2 - Zhongtian Decoration has opened a special settlement account for cash management of raised funds, specifically for temporarily idle raised funds [1] - In the first quarter of 2025, the "Jingzhuang Convertible Bond" decreased by 29,092,100 yuan (290,921 bonds) due to conversion, with a total of 1,572,471 shares converted [2] - As of March 31, 2025, the remaining convertible bonds amount to 299,802,700 yuan (2,998,027 bonds) [2] - The company's share structure changed in the first quarter of 2025, with restricted shares decreasing from 15,915,000 to 14,654,250 and unrestricted shares increasing from 179,173,205 to 182,006,426, resulting in a total share capital increase from 195,088,205 to 196,660,676 [2][3]

Group 1 - The company issued 5.77 million convertible bonds with a total value of RMB 577 million, approved by the China Securities Regulatory Commission on February 22, 2022 [1][2] - The initial conversion price of the bonds was set at RMB 23.52 per share, which was adjusted to RMB 19.10 per share on June 21, 2022, and further adjusted to RMB 18.50 per share on June 5, 2023 [3][4] - As of March 31, 2025, the remaining amount of convertible bonds was RMB 290.92 million, with a total of 196,660,676 shares outstanding after the conversion of 1,572,471 shares during the first quarter of 2025 [4] Group 2 - The conversion period for the bonds started on August 29, 2022, and will last until February 21, 2028 [1][2] - The company distributed a cash dividend of RMB 6 per 10 shares to shareholders for the fiscal year 2021 and 2022, without issuing bonus shares [3][4] - The company’s share structure includes 14,654,250 shares under lock-up conditions and 182,006,426 freely tradable shares as of March 31, 2025 [4]