Core Viewpoint - The article discusses the recent issuance of new stocks on the Beijing Stock Exchange, highlighting the significant subscription funds amounting to over 600 billion [1]. Group 1 - Fourhui Fushi's controlling shareholder plans to reduce holdings by no more than 3% of the company's shares [2]. - Huiyun Titanium's controlling shareholder intends to reduce holdings by no more than 2.98% of the company's shares [2]. - Yong'an Convertible Bond is subject to strong redemption [2]. Group 2 - Baichuan Co., Ltd.'s actual controller has been performing duties normally [2]. - Haining Convertible Bond and Honglu Convertible Bond will not undergo adjustments [2]. - Yinxin Convertible Bond and Jingyuan Convertible Bond will not face strong redemption [2]. Group 3 - Dingjia Precision's new stock on the Beijing Stock Exchange is available for subscription on July 22 [2]. - Hanghai Group is involved in new stock subscriptions on the Shanghai and Shenzhen exchanges [2].

Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "Yin Xin Convertible Bonds," based on current market conditions and to protect the interests of bondholders [1][2]. Group 1: Meeting Details - The fifth board meeting of the company was held on July 18, 2025, with all five directors present, complying with the relevant regulations [1]. - The meeting was chaired by the chairwoman, Lin Jingying, and included senior management personnel [1]. Group 2: Decision on Convertible Bonds - The company confirmed that from June 24 to July 18, 2025, the stock price met the condition for early redemption, with at least 15 out of 30 trading days closing at or above 130% of the conversion price (11.895 CNY per share) [1]. - The board decided not to exercise the early redemption rights for the "Yin Xin Convertible Bonds" to maintain the interests of convertible bond investors [1]. - The company will not exercise the early redemption rights again in the next three months (from July 19 to October 18, 2025) if the conditions are triggered again [1].

Summary of Key Points Core Viewpoint - The company, Beijing Yinxin Changyuan Technology Co., Ltd., has announced that its stock price has met the conditions for the conditional redemption of its convertible bonds, "Yinxin Convertible Bonds," which may lead to the redemption of all or part of the bonds if certain price thresholds are maintained [1][5]. Group 1: Convertible Bond Issuance and Trading - The company issued 3.914 million convertible bonds on July 15, 2020, with a total value of RMB 391.40 million, at a face value of RMB 100 each [1]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting August 12, 2020, under the name "Yinxin Convertible Bonds" and code "123059" [1]. Group 2: Conversion Terms and Price Adjustments - The conversion period for the bonds is from January 21, 2021, to July 14, 2026 [2]. - The initial conversion price was set at RMB 9.91 per share, which has been adjusted multiple times, currently standing at RMB 9.15 per share effective from May 27, 2025 [2][4]. Group 3: Conditional Redemption Clauses - The company has the right to redeem the bonds if the stock price remains at or above 130% of the conversion price for at least 15 out of 30 consecutive trading days [5]. - As of the period from June 24 to July 11, 2025, the stock price has been above the threshold, indicating a potential trigger for redemption [5].

Group 1 - The company, Beijing Yinxin Changyuan Technology Co., Ltd., has issued convertible bonds known as "Yinxin Convertible Bonds" with a total issuance of 39,140 million RMB, consisting of 3.914 million bonds at a face value of 100 RMB each [1][2] - The interest rate for the fifth year is set at 2.5%, with a total interest payment of 25.00 RMB (including tax) for every 10 bonds held [2][4] - The bonds will pay interest annually, with the interest payment date being July 15 each year, and the interest will be distributed to bondholders registered by the close of trading on the previous day [5][6] Group 2 - The company has maintained a long-term credit rating of AA- for both the company and the convertible bonds, with a stable outlook as confirmed by multiple credit rating reports from 2021 to 2025 [3][4] - The tax implications for bondholders include a 20% withholding tax on interest income for individual investors, while qualified foreign institutional investors (QFII and RQFII) are exempt from corporate income tax and value-added tax [4][6] - The company will utilize the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, to facilitate the interest payment process [5][7]

Core Viewpoint - Beijing Yinxin Changyuan Technology Co., Ltd. has conducted a self-inspection report regarding insider trading related to its 2025 Restricted Stock Incentive Plan, confirming that no insider trading occurred within the six months prior to the public disclosure of the plan [1][2][3] Group 1: Insider Information Management - The company held meetings on June 6, 2025, to approve the draft of the 2025 Restricted Stock Incentive Plan [1] - The company followed regulations outlined in the "Management Measures for Equity Incentives of Listed Companies" and the "Shenzhen Stock Exchange GEM Listing Rules" during the self-inspection process [2] - All insider information personnel were registered and confirmed to have not engaged in trading activities related to the company's stock or derivatives during the self-inspection period [2][3] Group 2: Conclusion of Self-Inspection - The company implemented strict confidentiality measures and limited the number of personnel involved in the planning of the incentive plan [3] - No evidence of information leakage was found prior to the public announcement of the incentive plan [3] - The self-inspection confirmed that insider information personnel did not trade the company's stock or derivatives based on insider information related to the incentive plan [3]

| 证券代码：300231 | 证券简称：银信科技 | 公告编号：2025-004 | | --- | --- | --- | | 债券代码：123059 | 债券简称：银信转债 | | 北京银信长远科技股份有限公司 关于银信转债可能满足赎回条件的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、 "银信转债"基本情况 特别提示： 自2025年2月14日至2025年2月27日期间，北京银信长远科技股份有限公司（以 下简称"公司"）股票价格已有十个交易日的收盘价格不低于"银信转债"当期转 股价格（9.25元/股）的130%（含130%）。若在未来触发"银信转债"的有条件赎回 条款（即：在转股期内，如果公司股票在任意连续三十个交易日中至少十五个交易 日的收盘价格不低于当期转股价格的130%（含130%）），届时根据《北京银信长远 科技股份有限公司创业板公开发行可转换公司债券募集说明书》（以下简称"《募 集说明书》"）中有条件赎回条款的相关规定，公司有权决定按照债券面值加当期 应计利息的价格赎回全部或部分未转股的可转换公司债券。敬请广大投资者及时关 注 ...