300304SZSE
🚨 Material Event

Plan for Issuance of Convertible Corporate Bonds to Non-Specific Targets

Jiangsu Yunyi Electric Co., Ltd.··38 pages

✨ AI Summary

Jiangsu Eunik Electrical Co., Ltd. proposes to issue convertible corporate bonds to non-specific targets to raise up to 1.546754 billion RMB. The funds will be used for automotive component production, smart manufacturing projects, and working capital. This issuance is subject to shareholder approval and regulatory review. The bonds will have a six-year term and will be listed on the Shenzhen Stock Exchange's ChiNext board.

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Full Translation

AI Translation· gemini_document

Plan for Issuance of Convertible Corporate Bonds to Non-Specific Targets

August 2026

Declaration

  1. The Company and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions, and bear individual and joint legal liability for the authenticity, accuracy, and completeness of the content of this plan.

  2. Upon completion of this issuance of convertible corporate bonds to non-specific targets, the Company shall be solely responsible for any changes in its operations and earnings; investors shall be solely responsible for any investment risks arising from this issuance.

  3. This plan is the Board of Directors' explanation of this issuance of convertible corporate bonds to non-specific targets, and any contrary statement is a false statement.

  4. If investors have any questions, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.

  5. The matters stated in this plan do not represent the substantive judgment, confirmation, approval, or registration of the approval authorities regarding the matters related to this issuance of convertible corporate bonds to non-specific targets. The effectiveness and completion of the matters related to this issuance are subject to the deliberation of the Company's general meeting of shareholders and the approval or verification of relevant approval authorities.

Table of Contents

  1. Explanation of compliance with conditions for issuance of convertible corporate bonds to non-specific targets: 5

  2. Overview of the issuance: 5

  3. Financial accounting information and management discussion and analysis: 15

  4. Use of proceeds from the issuance of convertible corporate bonds to non-specific targets: 15

  5. Company profit distribution: 35

  6. Board of Directors' statement on the absence of bad faith: 38

  7. Board of Directors' statement on the Company's refinancing plan for the next twelve months: 38

Definitions

In this plan, unless otherwise specified, the following abbreviations have the following specific meanings:

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