广东奥普特科技股份有限公司重磅推出12.7亿元可转债，原股东与公众投资者均可参与

2026年7月27日，广东奥普特科技股份有限公司（证券代码：688686，简称“奥普特”）发布公告，将于近期向不特定对象公开发行总额高达12.7亿元人民币的可转换公司债券（可转债）。本次发行由兴业证券股份有限公司担任保荐人及主承销商。此举对奥普特未来的资本结构、融资能力及股价表现具有重大影响，值得投资者高度关注。

一、发行基本情况——投资者须知核心要点

• 可转债简称：奥普转债
• 债券代码：118075
• 发行总金额：127,000万元（12.7亿元）
• 每张面值：100元，按面值发行
• 发行数量：1,270,000手（12,700,000张）
• 票面利率：第一年至第六年分别为0.10%、0.30%、0.60%、1.00%、1.50%、2.00%
• 转股期限：自发行结束满六个月后首个交易日起（2027年2月4日）至2032年7月28日
• 初始转股价格：150.03元/股
• 转股股份全部来源于新增股份
• 信用评级：债券级别为AA，展望稳定

二、发行流程及重要时间节点

三、原股东及公众投资者认购须知

• 原股东优先配售：2026年7月28日收市后在册A股股东可按每股配售0.010396手（即每股可配售10.396元面值可转债），配售代码726686。
• 原股东如股份分散于多个营业部，须在对应营业部申购。
• 优先配售不足1手部分将按精确算法取整，确保分配公平。
• 原股东除优先配售外，可参与网上申购，享有双重机会。
• 网上申购：对所有合格投资者开放，申购代码718686，每账户最小申购1手（1,000元），最大1,000手（100万元）。
• 申购需符合适当性管理要求，不得违规超额申购或代理申购。
• 多个账户申购只认第一笔，其余均无效。

四、可转债关键条款——价格敏感点，或影响二级市场表现

• 转股价格下调机制：如公司股票在30个交易日中至少15日收盘价低于当期转股价85%，公司可提议下调转股价（需经股东大会通过），下调后不得低于前20日均价、前一日均价、每股净资产及面值。
• 赎回条款：转股期内，公司股票连续30日有15日收盘价不低于当期转股价130%或未转股余额不足3,000万元时，公司有权以面值加应计利息赎回全部或部分可转债。
• 到期赎回：六年后未转股部分将按面值110%归还本金及利息。
• 有条件回售：最后两年若公司股价连续30日低于转股价70%，持有人可要求公司以面值加利息回售可转债。
• 附加回售：如募投用途发生重大变化且被监管机构认定为变更，持有人有权回售。
• 无担保：本次可转债无第三方担保，信用评级为AA。

五、投资风险及合规要求——需引起投资者高度重视

• 可转债价格受公司股价、转股价格调整、赎回/回售条款、市场利率等多重因素影响，存在跌破面值和大幅波动风险。
• 非科创板合格投资者虽可交易可转债，但不能转股，存在流动性和转股受限风险。
• 连续12个月内三次中签但未缴款，将被6个月暂停新股、可转债等申购资格。
• 主承销商自营账户不得申购，投资者不得非法利用他人账户或违规融资申购。
• 原股东优先配售及网上申购均需严格按照规定时间操作，逾期视为自动放弃。

六、包销与中止发行条款

• 如最终认购金额不足总额70%，或缴款后不足70%，有可能中止发行并择机重启。
• 主承销商包销上限为38,100万元（总额30%），超出则需进行风险评估及与发行人协商。

七、费用与后续安排

• 本次发行不收取佣金、过户费、印花税。
• 发行结束后，公司将尽快办理可转债上市手续，具体上市时间另行公告。

八、投资者行动建议及关注事项

• 原股东务必在配售期间关注账户内“奥普配债”余额，及时认购并缴足资金。
• 拟申购投资者需提前办理上交所证券账户，符合适当性管理及相关法规要求。
• 关注后续转股价格调整、赎回及回售公告，密切留意信用评级变化。
• 投资者可通过上海证券交易所网站获取《募集说明书》全文及相关公告。

九、结语

本次奥普特可转债发行将直接影响公司资本结构、融资成本及未来股权稀释情况。相关赎回、回售及转股价格调整条款，均可能对公司股价及二级市场表现带来显著影响。原股东和广大投资者应密切关注发行进度、关键时间节点及后续公告，审慎决策。

免责声明：本文内容基于广东奥普特科技股份有限公司公开发行可转换公司债券发行公告整理，仅供投资者参考，不构成任何投资建议。投资决策需结合自身风险承受能力与市场变化，因据此操作而导致的任何损失，作者及发布平台不承担责任。请投资者仔细阅读正式公告及《募集说明书》，充分了解相关风险。

English Version

Guangdong Opt Technology Launches RMB 1.27 Billion Convertible Bonds – Key Details for Investors

On July 27, 2026, Guangdong Opt Technology Co., Ltd. (Stock Code: 688686, “Opt”) has officially announced a public offering of convertible bonds worth up to RMB 1.27 billion. Industrial Securities Co., Ltd. serves as the sponsor and lead underwriter. This move has significant implications for Opt’s future capital structure, financing, and share price performance, and merits close investor attention.

1. Key Offering Details – What Investors Must Know

• Bond Name: Opt Convertible Bond
• Bond Code: 118075
• Total Issuance: RMB 1.27 billion
• Face Value: RMB 100 per bond, issued at par
• Number of Bonds: 1,270,000 lots (12,700,000 bonds)
• Coupon Rates: Year 1-6: 0.10%, 0.30%, 0.60%, 1.00%, 1.50%, 2.00%
• Conversion Period: From 6 months after issuance (Feb 4, 2027) to July 28, 2032
• Initial Conversion Price: RMB 150.03/share
• Shares for conversion come entirely from new shares
• Credit Rating: AA, stable outlook

2. Offering Process and Key Dates

3. Key Points for Shareholders and Public Investors

• Original shareholders: Those listed after market close on July 28, 2026, can subscribe at 0.010396 lots per share (i.e., RMB 10.396 face value per share), allocation code 726686.
• If shares are held in multiple brokerages, subscription must be made at each respective branch.
• Sub-lot allocations under 1 lot will be rounded up by algorithm to ensure fairness.
• Original shareholders can also participate in the public offering, enjoying dual opportunities.
• Public offering: Open to all qualified investors, code 718686, min 1 lot (RMB 1,000), max 1,000 lots (RMB 1 million) per account.
• Subscription must meet suitability requirements; over-subscription or proxy subscription is prohibited.
• Multiple accounts per investor: only the first subscription counts, others are invalid.

4. Convertible Bond Key Clauses – Price-Sensitive and Market-Moving

• Conversion Price Adjustment (Downwards): If shares close below 85% of the conversion price for at least 15 out of 30 trading days, the board may propose a downward adjustment (requires shareholder approval). The new conversion price cannot be below 20-day/1-day averages, most recent net asset per share, or par value.
• Redemption: If during the conversion period, shares close at or above 130% of the conversion price for at least 15 of 30 days, or if unconverted principal is below RMB 30 million, the company may redeem at par plus accrued interest.
• Maturity Redemption: Any bonds not converted after 6 years are redeemed at 110% of face value plus final interest.
• Conditional Put Option: In the last two years, if shares close below 70% of conversion price for 30 straight days, holders may put bonds back at par plus interest.
• Additional Put: If use of proceeds substantially changes and is confirmed by regulators, holders may put bonds back.
• No Guarantee: No third-party guarantee; credit rating AA.

5. Investment Risks and Compliance – Critical for Investors

• Bond price is influenced by share performance, conversion price adjustment, redemption/put clauses, rates, and may fall below par or fluctuate sharply.
• Non-eligible investors can trade the bond but not convert to shares, facing liquidity and conversion risks.
• Three unpaid wins in 12 months will suspend new share and bond applications for 6 months.
• Lead underwriter’s proprietary accounts cannot subscribe; investors must not use others’ accounts or illegal financing.
• Both priority and online subscriptions must strictly follow the timeline; late actions will be deemed waiver.

6. Underwriting and Suspension Clauses

• If the final subscription is below 70% of the total, issuance may be suspended and relaunched later.
• Lead underwriter’s maximum underwriting is RMB 381 million (30% of total); above this, risk procedures and negotiation are triggered.

7. Fees and Listing

• No commission, transfer or stamp duty for investors.
• Company will apply for listing of convertible bonds after issuance, with date to be announced separately.

8. Investor Advice and Follow-up

• Original shareholders must check their “Opt Convertible Bond” balance and pay in full on the subscription day.
• Public investors must open a Shanghai Stock Exchange securities account ahead of time and meet suitability requirements.
• Watch for further announcements on conversion price adjustment, redemption or put clauses, and credit rating changes.
• Full prospectus and related documents are available on the Shanghai Stock Exchange website.

9. Conclusion

This convertible bond issuance by Opt will directly impact the company’s capital structure, financing, and potential equity dilution. The redemption, put, and conversion price adjustment clauses may have substantial effects on share price and secondary market performance. Original shareholders and investors should closely monitor the issuance progress, key dates, and subsequent announcements before making decisions.

Disclaimer: This article is based on the official offering announcement by Guangdong Opt Technology and is for investor reference only. It does not constitute investment advice. Investors should combine this information with their own risk tolerance and market conditions. The author and publisher assume no liability for any losses resulting from actions based on this article. Please read the official offering documents and prospectus in full and understand all associated risks before investing.

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