Group 1 - The core point of the article is the issuance of convertible bonds by Lek Electric Co., Ltd., which aims to raise up to 1.2 billion RMB for various projects, including the production of new energy vehicles and smart home appliances [2][13]. - The approval for the issuance was granted by the China Securities Regulatory Commission on September 2022, allowing the company to issue convertible bonds to unspecified investors [2][3]. - The bonds have a term of 6 years, with a fixed interest rate that increases over the years, starting from 0.30% in the first year to 2.00% in the sixth year [3][4]. Group 2 - The initial conversion price for the bonds is set at 34.17 RMB per share, with provisions for adjustments based on various corporate actions such as stock dividends and capital increases [5][6]. - The company has established a mechanism for bondholders to convert their bonds into shares, with specific terms regarding the conversion period and the calculation of the number of shares to be received [7][10]. - The company has a credit rating of AA for the bonds, indicating a stable outlook, as assessed by Zhongzheng Pengyuan Credit Rating Co., Ltd. [14]. Group 3 - The funds raised from the bond issuance will be allocated to projects including the production of 8 million new energy vehicles and the expansion of small home appliances [13][14]. - The company has implemented a dedicated account for managing the raised funds, ensuring proper oversight and compliance with regulatory requirements [14][15]. - Lek Electric has a history of innovation and transformation, focusing on green and smart home appliances, which has contributed to its growth and market position [16][17].