According to the convertible bond issuance arrangement, on Thursday (May 19), Hangyang Co., Ltd. issued convertible bonds, and Hangyang convertible bonds were issued for subscription. The following is a brief analysis of the new value of Hangyang convertible bonds. and analysis of rights-grabbing placements.
Basic overview of Hangyang convertible bonds:
Bond code and abbreviation: 127064 Hangyang convertible bonds;
Stock code and abbreviation: 002430 Hangyang shares;
Issuance size: 11.37 (billion yuan);
per share Allotment amount: 1.1560;
Equity registration date (T-1): May 18 (Wednesday)
Subscription date (T day): May 19 (Thursday)
Winning announcement date (T+2): May 23 (next Monday)
According to the issuance announcement of Hangyang Convertible Bonds and the above basic information, we can know:
Basic situation of rights grabbing:
Number of placement shares = 1000 ÷ 1.1560 ≈ 865 = 900 shares;
Position cost = 900 * 27.5 = 24750 (yuan);
safety cushion: convertible bond expected income is 200 yuan, safety cushion =200÷24750=0.08%;
convertible bond expected income 300 yuan, safety cushion=300÷24750=1.2%;
that is, if you want to participate in Hangzhou To seize the rights to allocate of oxygen convertible bonds, you need to choose an opportunity after 2:50 pm on May 18 and spend about 24,000 yuan to buy 900 shares of Hangyang shares at a price of about 27.5 yuan. On the morning of May 19 After opens at at 9:30, you can buy 10 Hangyang convertible bonds and sell 900 shares of Hangyang shares at the current price. At the same time, you can continue to participate in the creation of Hangyang convertible bonds. You can do the same after winning the lottery. There are benefits.
In terms of safety cushion, it is expected that the profit of Hangyang convertible bonds will be 200 yuan after the listing, so when Hangyang shares are sold on May 19, the stock price will fall by 1%. If the earnings of the convertible bonds are expected after the listing, 300 yuan, Then when Hangyang shares were sold on May 19, the stock price fell by 1%, which was bearable. If Hangyang shares are sold at par or the stock price rises when sold on May 19, it will be additional profit.
PS: convertible bond right-grabbing allotment is to obtain the right to allocate by becoming a shareholder of a listed company in advance. After the success of bond , you can continue to participate in the issuance of convertible bonds. If you win the lottery through the new lottery, you can also obtain income and seize rights. The placement and issuance of convertible bonds can be carried out at the same time.
has obtained the allotment rights of 10 Hangyang Convertible Bonds through rights-seeking placement, and can continue to participate in the new bond subscription of Hangyang Convertible Bonds on May 19. If he wins the lottery again, he can still get benefits!
Hangyang Group Co., Ltd.’s main business includes equipment and engineering business and gas business. It is a world-class supplier of air separation equipment and low-temperature petrochemical equipment, and a pioneer and leader in China's gas industry. The company's products mainly include complete sets of air separation equipment and components, petrochemical equipment and various gas products. The gas products currently produced by the company mainly include: oxygen, nitrogen, argon, neon, helium, krypton, xenon, high-purity oxygen, high-purity nitrogen , medical oxygen, carbon dioxide , mixed gases, etc. At present, it has invested in and established 48 professional gas companies across the country, with a total oxygen production capacity of over 2.5 million Nm3/h. The gas supply model is mainly based on pipeline gas, on-site gas production, small storage and liquid retail, and also operates neon, helium, krypton and xenon rare gases, ultra-high purity gases, electronic bulk gases, high-end medical gases, food preservation gases, etc. It can provide integrated solutions for centralized gas supply in industrial gas island parks, and can develop special gas on demand.
The above is the basic situation of the Hangyang convertible bonds that will be issued on Thursday (May 19). The issuance scale of Hangyang convertible bonds is 1.137 billion, which is relatively large in scale and has a good winning rate. You can actively participate in the subscription.
Regarding the rights-grabbing placement of convertible bonds , the rights-grabbing placement of Hangyang convertible bonds requires more than 20,000 yuan of funds. The safety margin is relatively low and the scale is large. The probability of speculation after listing is small, and the space for efforts is limited. It is recommended to operate with caution when it comes to rights allotment!
