登录新浪财经APP 搜索【信披】查看更多考评等级 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。 "美锦转债"回售申报期已于2025年12月5日收市后结束，根据中国证券登记结算有限责任公司深圳分公 司出具的《证券回售付款通知》，"美锦转债"（债券代码：127061）本次回售有效申报数量为23张，回 售金额为2,322.67元（含息税），公司已根据有效回售的申报数量将回售资金及回售手续费足额划至中 国证券登记结算有限责任公司深圳分公司的指定账户，按照中国证券登记结算有限责任公司深圳分公司 的有关业务规则，投资者回售款到账日为2025年12月12日。 本次"美锦转债"回售不会对公司现金流、资产状况和股本情况产生实质影响，不会损害公司的债务履行 能力和持续经营能力。 三、本次可转换公司债券回售的后续事项 根据相关规定，未回售的"美锦转债"将继续在深圳证券交易所交易。 四、备查文件 特别提示： 根据《深圳证券交易所股票上市规则（2025年修订）》《深圳证券交易所上市公司自律监管指引第15号 一一可转换公司债券》等相关规定以及《山西美锦能源股份有限公司公开发行可转换公司 ...

Group 1 - The core announcement is about the results of the "Meijin Convertible Bond" repurchase, with a repurchase price of 100.986 CNY per bond, and a repurchase period from December 1 to December 5, 2025 [1][2] - The effective repurchase quantity was 23 bonds, resulting in a total repurchase amount of 2,322.67 CNY, which will not materially affect the company's cash flow, asset status, or debt servicing ability [2][3] - The unrepurchased bonds will continue to be traded on the Shenzhen Stock Exchange [3] Group 2 - The company held its 47th board meeting on December 10, 2025, to discuss various matters, including the change in consolidation scope regarding its subsidiary, Foshang Feichi Automotive Technology Co., Ltd. [6][7] - The board approved the proposal to change the consolidation scope, which resulted in the company no longer controlling Feichi Technology, thus it will be treated as an associate company [7][12] - The board also approved the postponement of the "Luanzhou Meijin New Energy Co., Ltd. 14,000Nm3/h coke oven gas hydrogen production project" completion date from December 2025 to December 2026, without changing the project’s investment amount or direction [10][25] Group 3 - The company will hold its fifth extraordinary general meeting on December 26, 2025, to discuss the matters approved in the board meeting [38][39] - The meeting will allow for both on-site and online voting, with specific registration and voting procedures outlined for shareholders [40][41]

Core Viewpoint - Shanxi Meijin Energy Co., Ltd. has announced the third reminder regarding the repurchase of its convertible bonds, "Meijin Convertible Bonds," due to the termination of certain fundraising investment projects and the decision to permanently supplement remaining funds into working capital [3][4][5]. Summary by Sections Repurchase Terms - The repurchase price is set at 100.986 CNY per bond (including interest and tax) [2][8]. - The repurchase application period is from December 1, 2025, to December 5, 2025 [2]. - The funds will be credited to the issuer on December 10, 2025, with the payment to investors on December 12, 2025 [2][11]. Reasons for Repurchase Clause Activation - The board meeting on November 7, 2025, and the subsequent shareholder meeting on November 25, 2025, approved the termination of the hydrogen fuel cell project, leading to the activation of the repurchase clause [3][4][5]. - Remaining funds of 179.1783 million CNY (including investment income) will be permanently supplemented into working capital [3]. Repurchase Rights - Holders of "Meijin Convertible Bonds" have the right to choose whether to exercise the repurchase option, which is not mandatory [2][9]. - The repurchase rights are valid only during the specified application period, and failure to apply will result in the loss of this right [5][11]. Interest Calculation - The interest for the repurchase is calculated at 1.60% for the current period, resulting in an additional interest of 0.986 CNY per bond [6][7]. - The total repurchase price, including interest, is therefore 100.986 CNY per bond [8]. Trading During Repurchase Period - "Meijin Convertible Bonds" will continue to trade during the repurchase period but will be suspended from conversion [12][15]. - If bondholders submit multiple requests (trading, transfer, repurchase), they will be processed in the order of trading, repurchase, and transfer [12]. Resumption of Conversion - The conversion of "Meijin Convertible Bonds" will resume on December 8, 2025, after the repurchase application period ends [14][16].

Meeting Summary - The fourth temporary shareholders' meeting of Shanxi Meijin Energy Co., Ltd. was held on November 25, 2025, with no resolutions being rejected [3][4] - The meeting was conducted in compliance with relevant laws and regulations [3][9] - A total of 1,686,875,711 shares were represented at the meeting, with 99.5829% voting in favor of the proposal to terminate certain fundraising investment projects and permanently supplement remaining funds into working capital [7][8] Bondholders' Meeting Summary - The first bondholders' meeting for "Meijin Convertible Bonds" was also held on November 25, 2025, with all attending bondholders voting in favor of the proposal to terminate certain fundraising investment projects [12][18] - A total of 377,917 bonds were represented, accounting for 1.3550% of the total outstanding bonds [15] - The bondholders approved the proposal unanimously, with 100% voting in favor [18] Redemption Announcement - The company announced a redemption price of 100.986 CNY per bond, including interest and tax, with the redemption period set from December 1 to December 5, 2025 [24][25] - The company will transfer the redemption funds on December 10, 2025, and the funds will be credited to investors' accounts by December 12, 2025 [30][34] - The bondholders have the option to choose whether to redeem their bonds, and the redemption does not have a mandatory nature [31][35] Suspension of Conversion - The conversion of "Meijin Convertible Bonds" will be suspended from December 1 to December 5, 2025, during the redemption period [40][41] - The conversion will resume on December 8, 2025, after the redemption period ends [41][42]

Core Viewpoint - Shanxi Meijin Energy Co., Ltd. has decided to terminate part of its fundraising investment project related to the hydrogen fuel cell power system and permanently supplement the remaining funds into working capital to improve fund utilization efficiency [3][10][15]. Meeting Overview - The 46th meeting of the 10th Board of Directors was held on November 7, 2025, via communication, with all 9 directors participating [2][4]. - The meeting was chaired by Chairman Yao Jinlong, and the procedures complied with relevant laws and regulations [2]. Resolutions Passed - The board unanimously approved the proposal to terminate the hydrogen fuel cell project, which had an investment progress of 29.37% and a remaining balance of 179.18 million yuan [3][11][15]. - A notice for the 2025 Fourth Extraordinary General Meeting of Shareholders was approved, scheduled for November 25, 2025 [5][6]. - The board also approved the convening of the first bondholders' meeting for "Meijin Convertible Bonds" on the same date [7][8]. Fundraising Project Details - The total amount raised from the convertible bond issuance was 3.59 billion yuan, with a net amount of approximately 3.56 billion yuan after deducting issuance costs [10][11]. - The terminated project had received 73.43 million yuan in funding, with 17.92 million yuan remaining, accounting for 5.04% of the net fundraising amount [11][12]. Project Termination Rationale - The decision to terminate the project was based on changes in the implementation environment, business conditions, and funding needs, aiming to reduce investment risks and enhance fund utilization [11][15]. - The project faced delays due to the city not being included in the national fuel cell vehicle application demonstration city group and slower-than-expected promotion of hydrogen fuel cell vehicles [14][15]. Future Plans - The company plans to utilize the existing facilities and infrastructure to attract partners for collaborative research and production in hydrogen energy transportation and storage, adopting a platform-based, integrated light asset operation model [14][15].

Group 1 - The company is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and international competitiveness [1][2] - The specific details of the H-share issuance and listing are still under discussion with relevant intermediaries, and no final plan has been established yet [1] - The H-share issuance and listing will require approval from the company's board and shareholders, as well as regulatory review from the China Securities Regulatory Commission and the Hong Kong Stock Exchange [2] Group 2 - The company has received a credit rating report from Zhongceng Pengyuan, which maintains the company's credit rating at A+ with a stable outlook [4] - The credit rating for the company's convertible bonds, "Meijin Convertible Bonds," is also maintained at A+ [4] - The rating results are valid from August 15, 2025, until the maturity of the "Meijin Convertible Bonds" [4]

Group 1 - The core point of the article is that Meijin Energy is planning to issue H-shares and list on the Hong Kong Stock Exchange, aiming to enhance its global strategy and international competitiveness [1] - If successful, Meijin Energy will become the first company from Shanxi to be listed on both A-shares and H-shares [1] - The company aims to improve its overseas financing capabilities and governance transparency through this listing [1] Group 2 - Meijin Energy, as one of the top 500 private enterprises in China, has total assets exceeding 60 billion yuan [5] - The company has faced pressure on its gross profit margins due to declining prices of coal and coke, with a projected net loss of 480 million to 700 million yuan for the first half of 2025 [5] - In response to market changes, Meijin Energy is focusing on optimizing its management and ensuring sustainable development while transitioning towards a comprehensive energy enterprise [5] - The company is actively developing a hydrogen energy ecosystem, integrating traditional and new energy sources to create a diversified energy supply chain [5]

Core Viewpoint - The announcement highlights a change in the shareholding structure of Shanxi Meijin Energy Co., Ltd. due to the passing of its major shareholder, which has led to a redistribution of shares among the heirs, while the actual controlling shareholder remains unchanged [1][2]. Group 1: Shareholding Structure Change - The passing of Gao Fan'e, the major shareholder of Meijin Group, resulted in the inheritance of shares by her children, leading to a change in the shareholding proportions [1]. - Before the change, Yao Junliang held 25% of Meijin Group, while Yao Junhua, Yao Junjie, Yao Sanjun, Yao Sijun, and Yao Junqing each held 12.5%. After the change, Yao Junliang's share increased to 27%, Yao Junhua's to 15%, and the others to 14.5% each [1][2]. Group 2: Financial Performance - Meijin Energy is facing continued financial losses, with a forecasted net profit loss of between 490 million and 710 million yuan for the first half of 2025, primarily due to declining coal and coke prices [1][2]. - The company maintains a credit rating of A+ with a stable outlook, reflecting its current financial situation despite ongoing losses [2]. Group 3: Rating Assessment - The rating assessment utilized general credit rating methods and models, with various scoring factors indicating the company's performance in macro environment, industry risk, and financial status [3][4]. - The scoring results show a mixed performance, with a strong score in business conditions but weaker scores in profitability and financial status [3].

Group 1 - The core viewpoint of the article discusses various corporate actions related to convertible bonds and stock holdings, including proposals for adjustments and planned reductions in production [1] Group 2 - Jing'ao Convertible Bond: The board proposed a down adjustment [1] - Qizhuang Convertible Bond and Huitong Convertible Bond: Strong redemption [1] - Weitang Industrial: The controlling shareholder and concerted parties plan to reduce their holdings by no more than 1.95% of the company's shares [1] - Xianle Health: Shareholders plan to reduce their holdings by no more than 1.47% of the company's shares [1] - Wankai New Materials: The company plans to orderly reduce PET production and conduct equipment maintenance during the reduction period [1] - Lezhi Convertible Bond, Meijin Convertible Bond, Wentai Convertible Bond: No down adjustment [1] - Dianhua Convertible Bond and Anke Convertible Bond: Listed [1] - Jizhi Convertible Bond: No strong redemption [1] - US stock market: Closed [1]

Group 1 - The company issued 35,900,000 convertible bonds with a total amount of 359 million yuan, and the initial conversion price was set at 13.21 yuan per share [1][3] - The conversion period for the bonds started on October 26, 2022, and will last until the maturity date on April 19, 2028 [3] - The conversion price was adjusted to 13.01 yuan per share on June 9, 2022, and further adjusted to 12.93 yuan per share on September 29, 2022, due to the company's stock incentive plan [2][3] Group 2 - As of the end of the second quarter of 2025, the remaining balance of convertible bonds was 27,891,164 units, amounting to 2,789,116,400 yuan [4] - The total share capital after the conversion was 4,403,475,944 shares, with a reduction of 27,956,588 shares due to the conversion of bonds [4] - The company completed the repurchase and cancellation of 27,965,750 restricted shares as part of its incentive plan on April 21, 2025 [4]