BSP(SZ:000761)2025-12-23 08:08Group 1: Major Asset Restructuring - The company disclosed a major asset restructuring plan in June 2023, which may significantly increase the proportion of related sales and impact its independent operational capabilities [2] - The feasibility and compliance of the restructuring plan are under further careful evaluation, with uncertainties remaining [2] Group 2: Convertible Bond Arrangements - The company is preparing for the maturity of its convertible bonds by enhancing its market value management and improving profitability through cost reduction and efficiency [2] - Plans to expand financing channels are in place to ensure the smooth repayment of the convertible bonds [2] Group 3: Price Adjustment Considerations - The company will adhere to the terms outlined in the prospectus for adjusting the conversion price of the convertible bonds, ensuring it does not fall below the higher of the average trading price over the last twenty trading days or the latest audited net asset value per share [3] Group 4: Industry Policy Response - The company is committed to responding to the "anti-involution" policy by optimizing production based on market trends and focusing on stable operations, risk prevention, quality improvement, structural optimization, transformation promotion, and efficiency enhancement [3]