Group 1 - The company, Syoung Group Co., Ltd., issued convertible bonds amounting to RMB 694.987 million, with a face value of RMB 100 per bond, approved by the China Securities Regulatory Commission [1][12][13] - The bonds have a maturity period of 6 years, with an annual interest rate starting at 0.40% in the first year and increasing to 3.00% in the sixth year [1][2][12] - The initial conversion price for the bonds is set at RMB 13.71 per share, with adjustments based on specific corporate actions [3][4][16] Group 2 - The company reported a revenue of RMB 423.723 million for the year 2024, a decrease of 5.69% compared to 2023 [11][12] - The net profit attributable to shareholders was RMB 10.995 million, reflecting a significant decline of 62.63% year-on-year [11][12] - The company has established a global sales network, with products available on major e-commerce platforms and in physical retail locations across various countries [10][11] Group 3 - The company has utilized RMB 68.186 million of the raised funds by the end of 2024, with RMB 22.166 million used in the current year [13][14] - The remaining balance of the raised funds in special accounts is RMB 1.230 million, which includes interest income and net returns from financial products [14][15] - The company has not provided any guarantees for the convertible bonds issued, which may increase repayment risks [15]