BSP(000761)2024-09-11 07:56Group 1: Company Competition and Restructuring - The company faces competition from subsidiaries of Ansteel Group after the restructuring of its controlling shareholder, Benxi Steel Group. Ansteel Group has committed to resolving this competition within 5 years through asset restructuring and business adjustments [1]. - The progress of asset replacement is still under discussion, with key elements such as asset scope and transaction price yet to be finalized [1]. Group 2: Convertible Bonds and Financial Arrangements - The company will strictly adhere to the terms regarding the adjustment of the conversion price for convertible bonds as outlined in the offering document [1]. - The company is actively monitoring the conversion situation of its convertible bonds, which are significantly influenced by market conditions [3]. - Plans for funding arrangements related to the maturity of convertible bonds are being prepared [3].