Important Statement
This report is prepared by Guodu Securities Co., Ltd. (hereinafter referred to as "Guodu Securities" or "Trustee") based on the relevant provisions of the "Management Measures for Corporate Bond Issuance and Trading," "Code of Conduct for Corporate Bond Trustees," "Management Measures for Convertible Corporate Bonds," and the "Prospectus for the Public Issuance of Convertible Corporate Bonds by Inner Mongolia Dazhong Mining Co., Ltd." (hereinafter referred to as "Prospectus"), as well as the "Trust Management Agreement for the Public Issuance of Convertible Corporate Bonds by Inner Mongolia Dazhong Mining Co., Ltd." (hereinafter referred to as "Trust Management Agreement"). This report does not constitute a recommendation for investors to take or refrain from any action, and investors should make independent judgments regarding related matters without relying on any content in this report as a commitment or statement made by Guodu Securities. Under no circumstances may this report be used for any other purpose without the written permission of Guodu Securities.
I. Approval Status of the Bonds
Approved by the China Securities Regulatory Commission under document "Zheng Jian Xu Ke [2022] No. 1498," Dazhong Mining Co., Ltd. publicly issued 15.2 million convertible corporate bonds on August 17, 2022, with a par value of 100 yuan each, totaling 1.52 billion yuan. The issuance method involved preferential allocation to existing shareholders, with any remaining bonds (including those waived by shareholders) issued to the public through the Shenzhen Stock Exchange trading system. Any shortfall in subscriptions was underwritten by the lead underwriter. The bonds were listed and began trading on the Shenzhen Stock Exchange on October 11, 2022.
II. Basic Information of the Bonds
- Convertible Corporate Bond Abbreviation: Dazhong Convertible Bonds
- Convertible Corporate Bond Code: 127070
- Total Issuance of Convertible Corporate Bonds: 1.52 billion yuan (15.2 million bonds)
- Listed Amount of Convertible Corporate Bonds: 1.52 billion yuan (15.2 million bonds)
- Listing Location: Shenzhen Stock Exchange
- Listing Date: October 11, 2022
- Duration of Convertible Corporate Bonds: August 17, 2022, to August 16, 2028
- Conversion Period of Convertible Corporate Bonds: February 23, 2023, to August 16, 2028
III. Major Matters
1. Proposed Adjustments to Fundraising Projects
1.1 Adjustment of Fundraising Project Details
- "Annual Processing of 20 Million Tons of Multi-metal Resource Comprehensive Recovery Project (Phase I)"
- The company plans to change the fundraising project from "Annual Processing of 20 Million Tons of Multi-metal Resource Comprehensive Recovery Project (Phase I)" to "Integrated Project for Lithium Ore Mining and Selection of 20 Million Tons/Year at Jijiao Mountain Mining Area, Linwu County, Hunan Province (Phase I)." The original planned investment amount was 651.9815 million yuan, with 407.6519 million yuan invested as of March 31, 2026, leaving a remaining amount of 245.3669 million yuan.