300553SZSE

Report on the First Temporary Trustee Management Affairs for Hangzhou Jizhi Electromechanical Co., Ltd.'s 2024 Convertible Bond Issuance

Jizhi Co., Ltd.··7 pages

✨ AI Summary

This report outlines the first temporary trustee management affairs for Hangzhou Jizhi Electromechanical Co., Ltd.'s issuance of 2.546 million convertible bonds in 2024, totaling RMB 254.6 million. The bonds have a six-year term with varying interest rates, and the adjusted conversion price is set at RMB 18.06 per share. The report confirms compliance with regulations and emphasizes the company's stable financial outlook.

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Full Translation

AI Translation· azure_openai

Important Statements

This report is prepared based on the "Management Measures for Convertible Corporate Bonds," "Code of Conduct for Corporate Bond Trustees," the "Prospectus for the Issuance of Convertible Corporate Bonds by Hangzhou Jizhi Electromechanical Co., Ltd." (hereinafter referred to as the "Prospectus"), and the "Trustee Management Agreement for Convertible Corporate Bonds between Hangzhou Jizhi Electromechanical Co., Ltd. and Changjiang Securities Underwriting & Sponsorship Co., Ltd." (hereinafter referred to as the "Trustee Management Agreement"), along with relevant regulations, public information disclosure documents, and related materials provided by Hangzhou Jizhi Electromechanical Co., Ltd. (hereinafter referred to as the "Company," "Jizhi Co.," or "Issuer"). This report does not constitute a recommendation for investors to take or refrain from any action; investors should make independent judgments regarding related matters and should not rely on any content in this report as a commitment or statement made by Changjiang Securities. Under no circumstances shall Changjiang Securities be liable for any actions or inactions taken by investors based on this report.

Approval Documents and Approval Scale

According to the China Securities Regulatory Commission's approval document "Approval of Hangzhou Jizhi Electromechanical Co., Ltd. for the Registration of Convertible Corporate Bonds Issuance" (Zheng Jian Xu Ke [2023] No. 2345), the Company is authorized to issue 2.546 million convertible corporate bonds (hereinafter referred to as "Convertible Bonds") to unspecified objects, with an issuance price of RMB 100 per bond, raising a total of RMB 254.6 million. After deducting related issuance expenses of RMB 6.8309 million (excluding tax), the net amount raised is RMB 247.7691 million. Zhonghui Certified Public Accountants (Special General Partnership) has verified the above fundraising situation and issued a "Verification Report" (Zhonghui Kai Yan [2024] No. 9665) on August 20, 2024.

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