Group 1 - The controlling shareholder's concerted action party of Yinxin Technology plans to reduce its stake by no more than 1% [1] - The conversion price of Lanfang Convertible Bond has been lowered by 0.5 yuan [1] - The Spring 23 Convertible Bond is subject to strong redemption [1] Group 2 - Taiping Convertible Bond, Honglu Convertible Bond, and Xinhai Convertible Bond will not undergo price adjustments [1][2] - The announcement details for various convertible bonds include their current prices, redemption prices, last trading dates, and conversion values [4][6] - The remaining scale and market value ratios of several convertible bonds are provided, indicating their liquidity and market presence [4][6]

Core Viewpoint - The company, Xinhai Technology, has decided not to lower the conversion price of its convertible bonds during the upcoming six months, despite the potential for triggering downward adjustment clauses [1] Summary by Categories Company Decision - The board of directors of Xinhai Technology has resolved not to propose a downward adjustment to the conversion price of its convertible bonds [1] - This decision will remain in effect for the next six months, specifically until May 8, 2026 [1] Future Considerations - If the conversion price adjustment clauses are triggered again within the specified period, the company will not propose any downward adjustment plans [1]

Core Points - Chipsea Technology announced that from October 19 to October 31, 2025, its stock closing price has been below 85% of the current conversion price for 10 trading days, indicating a potential trigger for the downward adjustment of the conversion price [1] - If the conditions for the adjustment of the "Chipsea Convertible Bond" conversion price are triggered, the company will convene a board meeting on the day the conditions are met to decide whether to adjust the conversion price [1] - The company will disclose the decision regarding the adjustment of the convertible bond conversion price in a prompt announcement before the market opens on the next trading day, in accordance with the provisions of the prospectus [1]

Core Viewpoint - The announcement details the conversion results of the convertible bonds issued by Chipsea Technology (Shenzhen) Co., Ltd., highlighting the low conversion rate and the remaining unconverted bonds as of September 30, 2025 [2][5][6]. Summary by Sections 1. Convertible Bond Basic Information - Chipsea Technology issued 4.1 million convertible bonds with a total fundraising amount of RMB 41 million, with a maturity period from July 21, 2022, to July 20, 2028 [3]. - The bonds are traded on the Shanghai Stock Exchange under the name "Chipsea Convertible Bonds" with the code "118015" [3]. 2. Conversion Status - As of September 30, 2025, a total of RMB 25,000 has been converted into 446 shares, representing 0.0003% of the total shares before conversion [2][6]. - The total amount of unconverted bonds stands at RMB 409,975,000, accounting for 99.9939% of the total issuance [2][6]. - No conversions occurred in the third quarter of 2025, with a conversion amount of RMB 0 and a quantity of 0 shares [2][5]. 3. Share Capital Changes - The company completed the registration of shares for the first vesting period of the restricted stock grant, resulting in an increase of 1,667,500 shares, which were listed for trading on August 29, 2025 [6]. 4. Additional Information - Investors seeking further details on the convertible bonds can refer to the prospectus disclosed on July 19, 2022 [6].

Core Viewpoint - The announcement details the adjustment of the conversion price for the company's convertible bonds due to the completion of the first vesting period of the 2023 restricted stock incentive plan, resulting in a new conversion price of 55.22 CNY per share, effective from September 1, 2025 [1][4]. Group 1: Stock and Bond Information - The company's stock and convertible bond trading status is affected by the adjustment of the conversion price [1]. - The previous conversion price was 55.67 CNY per share, which has been adjusted to 55.22 CNY per share [1][4]. - The adjustment was made following the completion of the stock incentive plan, which increased the total share capital from 142,425,592 shares to 144,093,092 shares [4]. Group 2: Conversion Price Adjustment Basis - The adjustment of the conversion price is based on the company's issuance of new shares and follows specific formulas outlined in the bond issuance prospectus [2][3]. - The new conversion price calculation considers the increase in share capital and the weighted average price of the newly issued shares [4]. - The adjustment formula used was P1 = (P0 + A × k) / (1 + k), where P0 is the old conversion price, A is the average price of new shares, and k is the new share issuance rate [4]. Group 3: Additional Information - Investors seeking more information about the convertible bonds can refer to the company's bond issuance prospectus published on July 19, 2022 [4]. - The company has ensured that all disclosures comply with relevant regulations and standards set by the Chinese securities regulatory authorities [1][2].

Core Viewpoint - The company plans to cancel its supervisory board and amend its articles of association, transferring the supervisory functions to the audit committee of the board of directors, while also proposing to issue H shares and list them on the Hong Kong Stock Exchange to enhance its international presence and competitiveness [1][2][3]. Group 1: Cancellation of Supervisory Board - The supervisory board has approved the proposal to cancel the supervisory board and amend the articles of association, which will take effect upon approval by the shareholders' meeting [2][3]. - The decision was made in compliance with relevant laws and regulations, and the supervisory board will continue to fulfill its duties until the shareholders' meeting [2][3]. Group 2: H Share Issuance and Listing - The company intends to issue H shares and apply for listing on the main board of the Hong Kong Stock Exchange to support its internationalization strategy and optimize its capital structure [2][3][4]. - The issuance will comply with both Chinese and Hong Kong regulations, and the specific issuance details will be determined based on market conditions and regulatory approvals [3][4][5]. Group 3: Issuance Plan and Use of Proceeds - The proposed issuance will not exceed 15% of the total share capital post-issuance, with an option for an overallotment of up to 15% [5][6]. - The proceeds from the issuance will be used for enhancing R&D capabilities, strategic investments, building a global marketing network, and supplementing working capital [9][10]. Group 4: Profit Distribution and Auditing - The company plans to distribute retained earnings among all shareholders post-issuance, ensuring fair treatment for both existing and new shareholders [11][12]. - Tianjian International Accounting Firm has been proposed as the auditing institution for the H share issuance, meeting the necessary professional and independence standards [12][13].

Core Viewpoint - The company, Chipsea Technology (Shenzhen) Co., Ltd., has successfully completed its share repurchase and reduction plan, selling a total of 1,071,844 shares, which accounts for 0.75% of its total share capital [1][2]. Summary by Sections Share Repurchase and Reduction Plan - The company announced a plan to reduce its repurchased shares by a maximum of 1,071,844 shares, representing 0.75% of the total share capital, through centralized bidding within six months from the announcement date [1]. - The reduction was completed between July 14, 2025, and July 22, 2025, with the shares sold at prices ranging from 35.08 to 37.39 yuan per share [2]. Implementation Results - The total amount raised from the share reduction was approximately 39,113,059.33 yuan [2]. - After the reduction, the company holds 2,290,557 shares, which is 1.60% of the total share capital [2][3]. - The actual reduction met the planned target, and there was no early termination of the reduction plan [3].

Summary of Key Points Core Viewpoint - The announcement details the upcoming interest payment and relevant dates for the convertible bonds issued by Chipsea Technology, highlighting the bond's issuance, trading, conversion, and interest payment structure. Group 1: Convertible Bond Issuance and Trading - Chipsea Technology issued 4.1 million convertible bonds on July 21, 2022, with a total value of 410 million yuan, maturing on July 20, 2028, and a tiered interest rate structure [1][2] - The bonds began trading on the Shanghai Stock Exchange on August 18, 2022, under the name "Chipsea Convertible Bonds" with the code "118015" [2] Group 2: Conversion Details - The bonds can be converted into shares starting from January 27, 2023, until July 20, 2028, with an initial conversion price of 56.00 yuan per share, adjusted to 55.71 yuan and then to 55.68 yuan due to equity incentive registrations [2][3] Group 3: Interest Payment Plan - The interest payment for the third year will occur from July 21, 2024, to July 20, 2025, with a coupon rate of 1.2%, resulting in a payment of 12 yuan per bond (before tax) [5][6] - The record date for interest payment is set for July 18, 2025, with the payment date on July 21, 2025 [5][6] Group 4: Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net payment of 0.96 yuan per bond after tax [6][7]

Core Points - The company has issued convertible bonds named "芯海转债" with a total amount of RMB 410 million, which started trading on August 18, 2022 [2][3] - As of June 30, 2025, a total of RMB 25,000 has been converted into company shares, resulting in 446 shares, which is 0.0003% of the total shares before conversion [1][4] - The remaining unconverted bonds amount to RMB 409,975,000, representing 99.9939% of the total issuance [1][4] Convertible Bond Details - The convertible bonds can be converted into shares from January 30, 2023, to July 20, 2028, with an initial conversion price of RMB 56.00 per share [3][4] - The conversion price has been adjusted from RMB 55.71 to RMB 55.68 and then to RMB 55.67 due to equity incentive registrations [3][4] Share Capital Changes - The total number of shares before the conversion was 142,381,046, and after the conversion, it increased to 142,425,592 [5]

Group 1 - The core point of the article is the issuance of convertible bonds by Chipsea Technologies (Shenzhen) Co., Ltd., which aims to raise funds for various projects and enhance its financial position [1][2][3] - The total amount of funds raised from the issuance of 4.1 million convertible bonds is RMB 410 million, with a net amount of RMB 401.96 million after deducting issuance costs [3][12] - The bonds have a maturity period of six years, with an annual interest rate that increases progressively from 0.40% in the first year to 3.00% in the sixth year [3][4] Group 2 - The initial conversion price for the bonds is set at RMB 56.00 per share, with the current conversion price at RMB 55.67 per share [5][6] - The company has a credit rating of A+ for the bonds, indicating a stable outlook, as per the evaluations by credit rating agencies [11][14] - The funds raised will be allocated to various projects, including the development of automotive MCU chips, with a total investment of RMB 50.22 million planned [11][13] Group 3 - The company reported a net profit attributable to shareholders of RMB -172.87 million for the year 2024, indicating a narrowing loss compared to the previous year [12] - The operating revenue for 2024 reached RMB 702.31 million, representing a 62.22% increase compared to the previous year [12] - The company's total assets as of the end of 2024 were RMB 1.69 billion, with a debt-to-asset ratio of 55.36% [14]