Group 1 - The company will pay the fifth-year interest on the convertible bond "齐翔转2" on August 20, 2025, at a rate of 1.9%, amounting to 19.00 yuan per 10 bonds (including tax) [2][4][8] - The total issuance of "齐翔转2" was 29.9 million bonds, with a total value of 2.99 billion yuan, and it was listed on the Shenzhen Stock Exchange on September 15, 2020 [3][4] - The bond has a maturity period from August 20, 2020, to August 19, 2026, with annual interest payments [3][4] Group 2 - The interest payment will be made to bondholders registered by the debt registration date of August 19, 2025 [9][10] - The company will not withhold income tax for foreign institutional investors (QFII and RQFII) on the interest income, while individual investors will have a 20% tax withheld [8][12][13] - The bond's credit rating is AA, with a stable outlook, as assessed by a credit rating agency [7]

Group 1 - The company issued convertible bonds "齐翔转 2" with a total amount of 2,990 million yuan, approved by the China Securities Regulatory Commission [1][2] - The conversion price for "齐翔转 2" was adjusted multiple times, starting from 8.22 yuan per share to 5.37 yuan per share as of June 16, 2025 [2][3][5] - As of June 30, 2025, a total of 292,111,124 shares have been converted from "齐翔转 2", with a total conversion amount of 2,310,614,400 yuan [5][6] Group 2 - The total share capital of the company increased to 2,842,843,629 shares after the recent conversion, with 99.99% being unrestricted circulating shares [6][7] - The company has implemented several capital increase plans through the conversion of bonds, impacting the share structure significantly [3][4][5]

Core Viewpoint - The company announces a temporary suspension of the conversion of its convertible bonds "齐翔转 2" starting from June 4, 2025, until the record date for the upcoming equity distribution, after which the conversion will resume on the first trading day following the record date [1][2]. Group 1: Bond Information - The bond code is 128128 and the bond name is "齐翔转 2" [1]. - The conversion period for the bonds is from February 26, 2021, to August 19, 2026 [1]. - The suspension of conversion will last from June 4, 2025, until the record date for the equity distribution [1]. Group 2: Conversion Price Adjustment - The company will adjust the conversion price according to the provisions in the bond issuance prospectus when it distributes stock dividends, increases capital, issues new shares, or distributes cash dividends [4]. - The adjustment formulas for the conversion price are provided, detailing how various corporate actions will affect the conversion price [4][5]. - The company will announce any adjustments to the conversion price and the suspension period through official channels, ensuring transparency for bondholders [5].

Core Viewpoint - The company emphasizes the accuracy and completeness of its quarterly report, ensuring no false statements or significant omissions are present [2][3]. Financial Data - The first quarter report is not audited [3]. - The company issued 29.9 million convertible bonds with a total issuance amount of 2,990,000,000.00 yuan, netting 2,966,543,311.66 yuan after deducting fees [4]. - As of March 31, 2025, the remaining amount of the convertible bonds "齐翔转2" is 679,395,600 yuan, with 6,793,956 bonds remaining [4]. Shareholder Information - The report includes details on the total number of common shareholders and the top ten shareholders' holdings [3]. Other Important Matters - The company received approval from the China Securities Regulatory Commission for the public issuance of convertible bonds [4].

Core Viewpoint - The announcement details the conversion and stock changes related to the company's convertible bonds "齐翔转 2", including adjustments to the conversion price over time and the total amount converted into shares as of March 31, 2025 [1][2][5]. Convertible Bond Issuance - The company issued convertible bonds totaling 2,990 million yuan, approved by the China Securities Regulatory Commission, with a face value of 100 yuan each [1][2]. - The bonds began trading on September 15, 2020, under the code "128128" [2]. Conversion Price Adjustments - The initial conversion price was set at 8.22 yuan per share, which was adjusted to 7.97 yuan on June 25, 2021, following a rights distribution [2]. - Further adjustments were made, reducing the conversion price to 5.69 yuan on September 29, 2021, and then to 5.53 yuan on July 19, 2023 [3]. - The conversion price was adjusted again to 5.46 yuan on June 6, 2024, and finally to 5.40 yuan on December 31, 2024 [4]. Conversion and Share Capital Changes - As of March 31, 2025, a total of 2,310,604,400 yuan (23,106,044 bonds) had been converted into 292,109,273 shares, with 26,986,867 shares converted from repurchased stock [5]. - The company's total share capital increased to 2,842,841,778 shares, with specific changes in the number of restricted and unrestricted shares [6].