Core Points - The announcement details the conversion results of the company's convertible bonds for the second quarter of 2025, including the total amount of bonds converted and the remaining balance of convertible bonds [1][2][3] Group 1: Convertible Bond Issuance and Trading - The company issued 3.5 million convertible bonds with a face value of RMB 100 each, raising a total of RMB 350 million, with a net amount of RMB 339.32 million after deducting issuance costs [1][2] - The convertible bonds are set to be traded on the Shenzhen Stock Exchange starting December 1, 2023, under the name "金钟转债" and code "123230" [2] Group 2: Conversion Period and Price Adjustments - The conversion period for the bonds starts on May 15, 2024, and ends on November 8, 2029 [2] - The initial conversion price was set at RMB 29.10 per share, which was adjusted to RMB 29.03 on March 25, 2024, and further adjusted to RMB 28.88 on June 27, 2024 [2][3] - The conversion price was subsequently lowered to RMB 24.50, effective from November 8, 2024, and will be adjusted to RMB 24.35 following the annual profit distribution plan [3][4] Group 3: Conversion and Share Changes - As of June 30, 2025, the company had converted bonds worth RMB 2,000 into 80 shares of stock, leaving a remaining total of RMB 349,826,000 in convertible bonds [4] - The total number of shares increased from 106,623,014 to 106,623,094 due to the conversion [4]

Group 1 - The company announced the repurchase of its convertible bonds, "Jinzhong Convertible Bonds," with a repurchase price of RMB 100.348 per bond, including interest and tax, during the period from June 9 to June 13, 2025 [1] - The effective number of bonds repurchased was 100, with a total repurchase amount reported [2] - The repurchase will not have a substantial impact on the company's financial status, operating results, cash flow, or capital structure, and will not impair the company's debt servicing ability or ongoing viability [2] Group 2 - Unredeemed "Jinzhong Convertible Bonds" will continue to be traded on the Shenzhen Stock Exchange [2] - Relevant documents, including the repurchase summary and payment notification from the China Securities Depository and Clearing Corporation, are available for review [2]

Core Viewpoint - Guangzhou Jinzhong Automotive Parts Co., Ltd. has received approval from the China Securities Regulatory Commission to issue convertible bonds totaling RMB 350 million, with a face value of RMB 100 per bond, to unspecified investors [1][2]. Group 1 - The company plans to issue 3.5 million convertible bonds, raising a total of RMB 35,000,000 [1]. - The bond conversion period will commence after the company's board meeting on April 8, 2025, and will include subsequent shareholder meetings [1]. - The company has activated the additional repurchase clause for the convertible bonds, allowing bondholders the right to sell back their bonds [1]. Group 2 - According to the Shenzhen Stock Exchange regulations, the conversion of the bonds will be suspended during the repurchase application period, which lasts for five trading days [2]. - The suspension of bond conversion will end on June 16, 2025, allowing bondholders to resume conversion thereafter [2].

Core Points - The announcement details the conversion results of the company's convertible bonds for the first quarter of 2025, including the current conversion price and the remaining amount of convertible bonds [1][2][3] - The company issued 3.5 million convertible bonds with a total fundraising amount of RMB 350 million, netting RMB 339.32 million after expenses [1][2] - The conversion period for the bonds is from May 15, 2024, to November 8, 2029, with the latest conversion price set at RMB 24.50 per share [2][3] Convertible Bond Details - The initial conversion price was RMB 29.10 per share, which has been adjusted downwards to RMB 24.50 per share effective from November 8, 2024 [2][3] - As of March 31, 2025, there are 3,498,380 convertible bonds remaining, with a total face value of RMB 349,838,000 [3][4] - The company converted RMB 900 worth of bonds into 36 shares, resulting in a slight increase in total shares outstanding [4] Share Capital Changes - The total share capital increased from 106,622,978 shares to 106,623,014 shares due to the conversion of bonds [4] - The proportion of restricted shares held by executives remains unchanged at 9.64% [4] - The total share capital percentage remains at 100% post-conversion [4]