Securities code: Hangzhou Juheshun New Material Co.Ltd(605166) securities abbreviation: Hangzhou Juheshun New Material Co.Ltd(605166) Announcement No.: 2022046
Convertible bond Code: 111003 convertible bond abbreviation: aggregate convertible bond
Hangzhou Juheshun New Material Co.Ltd(605166)
Announcement on risk warning of aggregate convertible bond transaction
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips: ● the price of "aggregate convertible bonds" fluctuated greatly recently. On April 20, 2022, the intraday increase was 29.85%, the closing increase on the same day was 10.59%, and the turnover rate was 115827%. In the last two trading days, the cumulative increase reached 158.24%. ● as of April 20, 2022, the price of aggregate convertible bonds is 258.24 yuan / piece. According to wind (Wande information), the conversion premium rate is 221.26% and the pure debt premium rate is 211.27%, which has a large valuation risk. ● through self inspection, Hangzhou Juheshun New Material Co.Ltd(605166) (hereinafter referred to as "the company") does not have any undisclosed matters that lead to abnormalities in the price of convertible bonds or relevant transaction indicators, and the aggregate price of convertible bonds is 258.24 yuan / piece. According to wind (Wande information), the conversion value is 80.38 yuan / piece, the pure debt value is 82.96 yuan / piece, and the closing price of the stock is 11.76 yuan / share. Recently, the company's main business has not changed, the price of convertible bonds deviates greatly from the company's stock price, and there is a large valuation risk. ● according to relevant rules, the share price of convertible bond trading has increased significantly recently because there is no limit on the rise and fall of convertible bond trading, and there may be a risk of sharp price fluctuation in the future. Please pay attention to the transaction risk, valuation risk, redemption risk, production and operation risk, industry risk, media coverage and other risks in the secondary market of aggregate convertible bonds.
1、 Overview of convertible bond issuance and listing
The basic information about the listing of convertible corporate bonds of the company is shown in the table below:
Convertible bond code 111003 convertible bond is abbreviated as aggregate convertible bond
Issue price: 100 yuan / piece issue date: March 7, 2022
The number of issues is 2.04 million (204000 hands), and the total amount of issues is 204 million
Duration: 6 years listing date: April 19, 2022
Date of share conversion September 12, 2022 share conversion price (yuan) 14.63
2、 Verification of listed companies
(I) there are no undisclosed matters in the company that cause abnormalities in the price of convertible bonds or relevant transaction indicators, including whether the internal and external environment of the company has changed, and the major shareholders and actual controllers of the company have not occurred or intend to occur major events such as asset restructuring and equity transfer;
(II) the company has not found any unpublished material information that may or has had a great impact on the trading price of the company's convertible bonds reported by the public media recently.
(III) after verification, as of the closing on April 20, 2022, the directors, supervisors and senior managers holding corporate bonds are as follows:
Notes on the number of bonds held
Proportion held by shareholders (%)
(Zhang)
Wenzhou Yongchang Holding Co., Ltd. 38900019.07
Wenzhou Yongchang Trading Co., Ltd. and Fu Changbao are the same person in action 28618014.03
limited company
Fu Changbao 969004.75
Mao Xinhua 129200.63 directors and senior executives
Director Zheng Anton 0 (resigned)
(IV) the board of directors of the company confirms that the company has no undisclosed matters or planning, negotiation, intention and agreement related to the matters that should be disclosed in accordance with the relevant provisions of the Listing Rules of Shanghai Stock Exchange; The board of directors has not been informed that the company has undisclosed information that should be disclosed in accordance with the stock listing rules of Shanghai Stock Exchange and other relevant provisions and has a great impact on the trading price of the company's convertible bonds; The information disclosed by the company in the early stage does not need to be corrected or supplemented. (V) the company has no other major information or major risk matters that should be disclosed but not disclosed.
3、 Major risk tips
1. Through self-examination, the company does not violate the fair disclosure of information.
2. The price of aggregate convertible bonds fluctuated greatly recently. As of the closing on April 20, 2022, the price of aggregate convertible bonds was 258.24 yuan / piece. According to wind (Wande information), the conversion premium rate is 221.26% and the pure debt premium rate is 211.27%, which has a large valuation risk.
3. The price of convertible bonds is affected by many factors, including macroeconomic situation, capital market atmosphere, investors' psychological expectations and so on. In this regard, the company reminds investors that they should fully understand the market risk of convertible bonds, make prudent decisions and improve risk awareness.
4. Investors are requested to fully understand the stock market risks and the risk factors disclosed in the prospectus for Hangzhou Juheshun New Material Co.Ltd(605166) public offering of convertible corporate bonds and the company's periodic reports, make prudent decisions and make rational investments.
5. The information disclosure media designated by the company are securities times, Shanghai Securities News, China Securities News, securities daily and the website of Shanghai Stock Exchange (www.sse. Com. CN), All information of the company shall be subject to the information published in the above designated. The company will continue to fulfill the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and do a good job of information disclosure in a timely manner.
Please invest rationally and pay attention to risks.
It is hereby announced.
Hangzhou Juheshun New Material Co.Ltd(605166) board of directors April 21, 2022
