300697SZSE
🚨 Material Event

Announcement on the Issuance of Convertible Corporate Bonds by Jiangyin Electric Metal Co., Ltd. to Unspecified Targets

Jiangyin Electrical Alloy Co., Ltd.··28 pages

✨ AI Summary

Jiangyin Electric Metal Co., Ltd. announces the issuance of convertible corporate bonds to unspecified targets. The total issuance amount is RMB 545 million, with a face value of RMB 100 per bond and a term of 6 years. The issuance aims to raise funds for the company's development.

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Full Translation

AI Translation· gemini_document

Securities Code: 300697

Securities Abbreviation: Electric Metal

Announcement No.: 2026-027

Jiangyin Electric Metal Co., Ltd.

Announcement on the Issuance of Convertible Corporate Bonds to Unspecified Targets

Sponsor (Underwriter): Guosen Securities Co., Ltd.

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Special Notice

Jiangyin Electric Metal Co., Ltd. (hereinafter referred to as "Electric Metal", "the Issuer", or "the Company") and Guosen Securities Co., Ltd. (hereinafter referred to as "Guosen Securities" or "the Sponsor (Underwriter)") have organized this issuance of convertible corporate bonds to unspecified targets (hereinafter referred to as "convertible corporate bonds", "convertible bonds", or "Hejin Convertible Bonds") in accordance with the "Securities Law of the People's Republic of China", the "Administrative Measures for the Issuance and Underwriting of Securities by Listed Companies" (CSRC Order No. 228), the "Administrative Measures for the Registration and Issuance of Securities by Listed Companies" (CSRC Order No. 227), the "Implementation Rules for the Issuance and Underwriting Business of Securities by Listed Companies of Shenzhen Stock Exchange (2025 Revision)" (Shenzhen Stock Exchange Letter [2025] No. 268), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 15 — Convertible Corporate Bonds (2025 Revision)" (Shenzhen Stock Exchange Letter [2025] No. 223), and the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Supervision Guide No. 1" — Business Handling (2026 Revision)" (Shenzhen Stock Exchange Letter [2026] No. 135), and other relevant regulations.

The convertible bonds to be issued will be preferentially allocated to the original shareholders registered with China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "ChinaClear Shenzhen Branch") after the close of business on the registration date (July 29, 2026, T-1 day). After the original shareholders' preferential allocation, the remaining portion (including the portion of original shareholders who waive their preferential allocation) will be issued online to public investors through the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") trading system (hereinafter referred to as "online issuance").

Investors participating in the online subscription are requested to carefully read this announcement and the relevant regulations published on the SZSE website (www.szse.cn).

Important reminders regarding the issuance process, subscription, payment, and investor abandonment of this issuance are as follows:

  1. The preferential allocation date for original shareholders and the online subscription date for this convertible bond issuance are both July 30, 2026 (T day). The online subscription time is from 9:15 to 11:30 and 13:00 to 15:00 on T day. When participating in preferential allocation, original shareholders must pay sufficient funds within their preferential allocation quota based on the number of convertible bonds to be preferentially allocated. Original shareholders and public investors do not need to pay subscription funds when participating in the online subscription of the remaining portion after preferential allocation.

  2. Investors should reasonably determine their subscription amount based on industry regulatory requirements and their respective asset or capital scale, and shall not subscribe beyond their asset or capital scale. If the sponsor (underwriter) discovers that an investor does not comply with industry regulatory requirements and subscribes beyond their respective asset or capital scale, it has the right to deem the investor's subscription invalid. Investors should express their subscription intentions independently and shall not entrust securities companies to subscribe on their behalf in a general manner.

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