What about Aofei convertible bonds?

Aofei Data issued an announcement on the evening of December 2 that the convertible bonds issued this time are referred to as "Aofei Convertible Bonds". The original shareholders of this convertible bond issuance have a priority allotment date and an online subscription date. It is also December 3, 2021 (T day), and the subscription time is 9:15-11:30 and 13:00-15:00 on T day. What many investors want to know is how about Aofei convertible bonds? Is it worth subscribing? Let’s learn more about it below.

The latest situation of Aofei convertible bonds

On December 3, 2021, Aofei Data publicly issued 635 million yuan of convertible corporate bonds. Calculated based on the latest stock price: 22 yuan, conversion price: 22.02 yuan, and convertible bond terms, the conversion value: 99.91 yuan, the pure debt value: 73.35 yuan, the guaranteed price: 121.7 yuan, the annual bond income: 3.4, grade A.

Assuming that the priority allotment ratio of original shareholders is 63, the online subscription amount (the remaining 37) is calculated as 222.25 million yuan, and the number of online subscriptions is calculated as 10 million, then the single-account winning rate for top-tier subscriptions is expected to be approximately 2.22. That is, more than 2 out of 100 people will win the lottery.

The initial conversion price of Aofei convertible bonds is 22.02 yuan, and the current conversion value is 99.91 yuan. Predict the listing price of this convertible bond: around 132 yuan.

What about Aofei Data?

Aofei Data is an Internet comprehensive service provider specializing in Internet data center operations. It is committed to providing customers with stable, high-speed, safe and high-quality services. Network services. The 2021 semi-annual report shows that Aofei Data’s main business is the Internet information service industry, accounting for 100.0 of its revenue.

The company is an influential professional IDC service provider in South China. It mainly provides customers with IDC services and other comprehensive Internet services. It has now formed a core business in Guangzhou, Shenzhen, Beijing, Shanghai, Nanning and Guilin. domestic backbone network of nodes, and gradually establish an international network with Hong Kong as the core node. The company has self-built high-quality IDC computer rooms in core cities such as Guangzhou and Shenzhen, and maintains close cooperative relationships with basic telecom operators such as China Telecom, China Unicom, and China Mobile to provide customers with basic IDC services and content such as cabinet rental and bandwidth rental. Distribution network (CDN), data synchronization, cloud computing, network security and other value-added services.

The company has mastered core technologies such as software-defined networking (SDN) and automated operation and maintenance. As of October 13, 2017, the company owned 28 computer software copyrights and was rated as a national high-tech enterprise. The company's Aojia software has obtained the "Double Software" certification.

Since its establishment, the company has provided professional and all-round IDC services for users in online video, online games, portals and other industries. Typical customers include: UC (Youshi), YY (Happy Times) , Sohu, Fengxing Online, Sanqi Interactive Entertainment, Perfect World, NetEase, etc.