Yingliu convertible bonds oversubscribed; priority placement strong

Anhui Yingliu Electromechanical Co., Ltd. has successfully concluded its public issuance of convertible corporate bonds, totaling 1.5 bn yuan. Existing shareholders demonstrated robust support, subscribing to 1.18 bn yuan of the bonds, accounting for 78.38% of the total issuance.

The online public offering saw an effective subscription of 8,436,705,116 shares from 8,472,500 eligible accounts. This high demand resulted in an online winning rate of 0.00384399%, with the public ultimately securing 324.31 m yuan in bonds, representing 21.62% of the issuance.

The company and lead underwriter will conduct a lottery drawing on September 22, 2025 (T+1 day) to determine successful allocations, with results to be disclosed on September 23, 2025 (T+2 day). Investors are reminded to ensure sufficient funds are available by September 23, 2025, to fulfill their payment obligations for successful bids.