LianChuang Electron(002036) 上海证券报·2025-04-01 18:08Core Viewpoint - The announcement details the conversion of the company's convertible bonds and the adjustments to the conversion price over time, highlighting the financial implications for investors and the company's capital structure [2][20]. Group 1: Convertible Bond Issuance and Listing - The company issued 3 million convertible bonds with a total value of 30 million RMB, each with a face value of 100 RMB, on March 16, 2020, with a six-year term [2][3]. - The bonds were listed on the Shenzhen Stock Exchange starting April 13, 2020, under the name "联创转债" and code "128101" [3]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 18.82 RMB per share, which was adjusted to 14.48 RMB per share on May 29, 2020, following a rights issue [4][6]. - Subsequent adjustments occurred, with the conversion price changing to 13.86 RMB on November 17, 2020, and further adjustments leading to a price of 13.70 RMB by July 11, 2023 [7][10][15]. - The conversion price was further adjusted to 11.56 RMB on November 14, 2024, and then to 11.17 RMB on February 11, 2025 [20]. Group 3: Conversion and Capital Changes - In the first quarter of 2025, the company converted 1,660 bonds, resulting in the issuance of 14,672 shares, reducing the convertible bond amount by 166,000 RMB [20]. - As of March 31, 2025, the remaining convertible bond amount was 298,390,500 RMB, with 2,983,905 bonds still outstanding [20]. Group 4: Other Information - The company provided contact information for investor inquiries regarding the announcement [21]. - Relevant documents, including the company's capital structure as of March 31, 2025, are available for review [22].