Value analysis of Xingang convertible bonds

The bond is small in scale, with slightly poor rating, good conversion value and low current premium rate. Referring to the listed energy-saving convertible bonds and Jingke convertible bonds, it is estimated that the listing price of Xingang convertible bonds is about 65,438+028 yuan.

Xingang convertible bonds (SH111KLOC-0/3): It is a new stock in China mainland and Hongkong. The company is a public utility, and its main business is cogeneration. The company's third quarterly report in 2022 showed that the total operating income was 680 million yuan, a year-on-year increase of 32.7%.