Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds, "Lianchuang Convertible Bonds," from 11.17 yuan per share to 11.18 yuan per share, effective from September 8, 2025 [1][20]. Group 1: Convertible Bond Price Adjustment - The previous conversion price was 11.17 yuan per share, and the new conversion price is set at 11.18 yuan per share [1]. - The adjustment is based on the company's regulations regarding changes in share capital, including stock dividends, capital increases, and cash dividends [1][2]. - The adjustment formula used for calculating the new conversion price takes into account various factors such as the repurchase price and the proportion of shares affected by the repurchase [20]. Group 2: Historical Adjustments - The initial conversion price of the "Lianchuang Convertible Bonds" was set at 18.82 yuan per share when issued on March 16, 2020 [4]. - The conversion price has undergone several adjustments due to various corporate actions, including cash dividends and stock increases, with the most recent adjustment being from 13.70 yuan to 13.69 yuan prior to the current adjustment [9][14]. - The company has consistently followed the guidelines set forth in its bond issuance prospectus and relevant regulations from the China Securities Regulatory Commission for all adjustments [3][4][5]. Group 3: Share Repurchase and Cancellation - The company completed the repurchase and cancellation of 4.016 million shares of restricted stock as part of its 2022 second phase stock option and restricted stock incentive plan, which accounted for approximately 0.38% of the total share capital [24][25]. - The total repurchase amount for these shares was approximately 37.03 million yuan, funded by the company's own resources [24][25]. - The total share capital was adjusted from 1,059,387,239 shares to 1,055,371,239 shares following the completion of the repurchase [25].

Group 1 - The core viewpoint of the announcement is that the company, Lianchuang Electronics Technology Co., Ltd., has received a follow-up credit rating for its convertible bonds and overall credit status, maintaining a stable outlook [1][2]. - The previous credit rating for the company was AA- with a stable outlook, and the same rating applies to the "Lianchuang Convertible Bonds" [1][2]. - The follow-up rating report was issued by Dongfang Jincheng International Credit Assessment Co., Ltd. on June 25, 2025, confirming the ratings [2]. Group 2 - The announcement emphasizes the company's commitment to accurate and complete information disclosure, ensuring no misleading statements or significant omissions [1]. - The rating report is available on the official website of the company and provides detailed insights into the company's credit status [2]. - The board of directors of Lianchuang Electronics Technology Co., Ltd. officially released this announcement on June 27, 2025 [4].

Group 1 - The China Securities Convertible Bond Index opened up by 0.03% [1] - Yong'an Convertible Bond increased by 9.6%, while Huafeng Convertible Bond rose by 3.6% [1] - Several other convertible bonds, including Lianchuang, Xuelong, Quanfeng, and Hengshuai, saw gains exceeding 2% [1] Group 2 - Shouhua Convertible Bond decreased by 4.7%, and both Tianhao and Chuanheng Convertible Bonds fell by over 2% [1]