What are the applicable laws of convertible corporate bonds?

1. What laws are applicable to convertible corporate bonds to regulate the listing behavior of convertible corporate bonds, the information disclosure behavior of issuers of convertible corporate bonds (hereinafter referred to as issuers) and related obligors, maintain the order of the securities market and protect the legitimate rights and interests of investors and issuers of convertible corporate bonds? These Rules are formulated in accordance with the Company Law of People's Republic of China (PRC) (hereinafter referred to as the Company Law), the Securities Law of People's Republic of China (PRC) (hereinafter referred to as the Securities Law), the Interim Measures for the Administration of Convertible Corporate Bonds and the Implementation Measures for the Issuance of Convertible Corporate Bonds by Listed Companies. According to the Company Law of China, the issuance of convertible corporate bonds shall meet the following requirements: 1. Subject conditions: the subject of issuing convertible corporate bonds is limited to listed companies; In addition to meeting the conditions for issuing corporate bonds, it should also meet the conditions for issuing stocks. 2. Procedural conditions: the issuance of convertible corporate bonds requires a resolution of the shareholders' meeting; Whether a company has the ability to issue convertible corporate bonds needs to be reported to the China Securities Regulatory Authority for approval. According to the requirements of China's Company Law and other normative documents, the specific procedures for the company to issue convertible corporate bonds are as follows: (1) The board of directors passed the proposal to issue convertible corporate bonds. The board of directors shall vote on the issuance of convertible corporate bonds by the company, which shall be approved by more than half of the directors; (2) The general meeting of shareholders makes a resolution to issue convertible corporate bonds; The resolution of the shareholders' meeting on the issuance of convertible corporate bonds shall include: the total amount, par value, interest rate of convertible corporate bonds, method for determining the conversion price, redemption terms and resale terms, and other matters decided by the shareholders' meeting; (3) The board of directors engages the lead underwriter; (4) Apply to the China Securities Regulatory Commission for approval; (5) Information disclosure; (6) Underwriters underwrite convertible bonds. When issuing convertible corporate bonds, a company shall specify the specific conversion method in the method of raising corporate bonds, mark the words convertible corporate bonds on the bonds, and specify the amount of convertible corporate bonds in the corporate bond stub book. When issuing corporate bonds that can be converted into shares, the company shall issue shares to bondholders in accordance with the method of converting shares, but bondholders have the option to convert shares or not. According to the nature of convertible bonds, creditors holding bonds have the right to choose and advocate conversion. When the conversion conditions for issuing convertible corporate bonds are met, the company shall make the conversion as required. Two. Relevant laws and regulations Article 161 of the Company Law A listed company may issue corporate bonds that can be converted into shares after the resolution of the shareholders' meeting. The specific conversion method is stipulated in the Measures for Raising Corporate Bonds. When a listed company issues corporate bonds that can be converted into shares, it shall report to the the State Council Securities Regulatory Authority for approval. When issuing convertible corporate bonds, the words convertible corporate bonds shall be marked on the bonds, and the amount of convertible corporate bonds shall be stated in the corporate bond stub book. Many people may not know. In fact, in the applicable regulations on convertible corporate bonds, the most important thing is not to violate the relevant provisions on bond listing. Generally speaking, as long as it meets the relevant provisions of listing, it can be listed in accordance with the corresponding listing procedures and regulations. Many people may not know. In fact, in the applicable regulations on convertible corporate bonds, the most important thing is not to violate the relevant provisions on bond listing. Generally speaking, as long as it meets the relevant provisions of listing, it can be listed in accordance with the corresponding listing procedures and regulations.