Anhui Yingliu to issue convertible bonds for strategic projects

Anhui Yingliu Electromechanical Co., Ltd. will issue convertible corporate bonds totaling 150,000 yuan to unspecified investors, with a listing on the main board. The bonds, with a face value of 100 yuan each and a six-year term (September 19, 2025, to September 18, 2031), carry interest rates from 0.10% in the first year to 2.00% in the sixth. This issuance received an AA+ credit rating with a stable outlook from Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. The initial conversion price is 30.47 yuan per share.

The funds will primarily support two key projects: the "Blade Casing Processing and Coating Project" (55,000 yuan) and the "Intelligent Upgrade Project for Advanced Nuclear Energy Materials and Key Components" (50,000 yuan), with the remaining 45,000 yuan allocated to replenishing working capital and repaying bank loans. This strategic move aims to enhance the company's profitability, strengthen its competitiveness in the aerospace, gas turbine, and nuclear power sectors, and optimize its debt structure. The company’s net asset value as of June 30, 2025, was 523,130.81 yuan.