Issuer's Statement
I. The Company and the entire Board of Directors guarantee that the information disclosed in this announcement is true, accurate, and complete, and confirm that there are no false or misleading statements or material omissions, and shall bear individual and joint legal liability for the truthfulness, accuracy, and completeness of this proposal.
II. After the completion of this issuance of convertible corporate bonds to unspecified targets, the changes in the Company's operations and earnings shall be the Company's own responsibility; the investment risks arising from this issuance of convertible corporate bonds to unspecified targets shall be the investors' own responsibility.
III. This proposal is the explanation of the Board of Directors regarding the issuance of convertible corporate bonds to unspecified targets. Any statement to the contrary is a false statement.
IV. If investors have any questions, they should consult their brokers, lawyers, professional accountants, or other professional advisors.
V. The matters described in this proposal do not represent the substantive judgment, confirmation, approval, or registration of the matters related to the issuance of convertible corporate bonds to unspecified targets by the review and registration authorities. The effectiveness and completion of the matters related to the issuance of convertible corporate bonds to unspecified targets described in this proposal are subject to the approval of the Company's shareholders' meeting, review by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission before implementation, and the final plan will be subject to the registration with the China Securities Regulatory Commission.
VI. If this proposal involves investment benefits or performance forecasts, it does not constitute a commitment by the Company to any investor or related party. Investors and related parties should understand the difference between plans, forecasts, and commitments, and pay attention to investment risks.
Special Notes
I. The plan for issuing convertible corporate bonds to unspecified targets has been deliberated and approved by the Company's Board of Directors, and is subject to approval by the Company's shareholders' meeting, review by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission before it can be implemented.
II. The specific issuance method for the convertible bonds will be determined through negotiation between the shareholders' meeting authorized board of directors or its authorized personnel and the sponsor (underwriter). The issuance targets for the convertible bonds are natural persons, legal persons,证券投资基金, and other investors that meet the legal requirements and hold securities accounts with China Securities Depository and Clearing Corporation Limited Shenzhen Branch (excluding those prohibited by national laws and regulations).
The convertible bonds to be issued will be preferentially allocated to the Company's existing shareholders, who have the right to waive their preferential allocation. The specific proportion of preferential allocation to existing shareholders will be determined by the shareholders' meeting authorizing the board of directors or its authorized personnel based on the specific circumstances at the time of issuance and will be disclosed in the issuance announcement of the convertible bonds.
The remaining portion after the preferential allocation to existing shareholders and the amount of preferential allocation waived by existing shareholders will be offered to institutional investors through offline placement and/or online issuance through the Shenzhen Stock Exchange trading system. If there is still insufficient subscription, the shortfall will be underwritten by the lead underwriter. The specific plan will be determined through negotiation between the shareholders' meeting authorized board of directors or its authorized personnel and the sponsor (underwriter) before the issuance.
III. The method for determining the coupon rate of the convertible bonds to be issued and the final interest rate level for each interest period will be determined through negotiation between the shareholders' meeting authorized board of directors or its authorized personnel and the sponsor (underwriter) before the issuance, based on national policies, market conditions, and the Company's specific situation.