How should Sinopec buy convertible bonds? Please elaborate! thank you

I hope it helps you. (1) At present, convertible corporate bonds are mainly issued by A-share online pricing, that is, at face value through the securities trading system of the stock exchange. Investors should purchase convertible bonds according to the tips of the issuance announcement on the basis of reading the prospectus and the issuance announcement in detail. Subscription procedure 1. On the subscription day (T-day), investors apply to subscribe for convertible corporate bonds with their securities account cards (the subscription limit of each account must be an integer multiple of 1000 yuan, and the subscription limit of each account should be 1‰ of the total public offering). The exchange feeds back the subscription situation; 2. On T+1day, the Exchange Clearing Company will freeze the subscription funds in the subscription account; 3. On T+2, the lead underwriter and an accounting firm qualified to engage in securities business will verify the subscription funds, and the accounting firm will issue a capital verification report; The exchange performs subscription and numbering work. On the fourth floor. On T+ 3, the lead underwriter is responsible for organizing the lottery and announcing the winning results on the same day; 5.T+4 days, unfreeze the unsuccessful subscription. The subscription rule is 1. The subscription unit of convertible bonds is "lot", and each bond is 1 lot. The subscription of convertible corporate bonds for each account shall not be less than RMB 65,438+0,000, and if it exceeds RMB 65,438+0,000, it must be an integral multiple of RMB 65,438+0,000. The subscription limit of each account shall not exceed 0 ‰ of the total amount of publicly issued convertible corporate bonds, that is, 65,438 yuan. 2. Each stock account can only be purchased once, and once the entrustment is handled, it shall not be revoked. For multiple subscriptions (including subscriptions at different securities trading outlets), the first subscription is regarded as a valid subscription. 3. Investors do not charge any fees for purchasing convertible corporate bonds. 4. The subscription code for issuing convertible corporate bonds in Shenzhen is 125***, such as Angang Convertible Bonds (125898); The subscription code of convertible bonds issued by Shanghai Stock Exchange is 733***, such as issuing bonds at the airport (733009). (II) Combination of Placement and Online Pricing The way in which a listed company issues convertible bonds takes precedence over recording the date of shareholders (that is, old shareholders) is a financing method for listed companies, just like allotment and issuance of new shares, similar to the operation of allotment payment and issuance of new shares. In addition, it can also be issued to securities investment funds at the same time. For example, Angang's convertible bonds adopt the methods of giving priority to shareholders of Angang's newly rolled A shares, targeted sales to securities investment funds, and online pricing. When a listed company issues convertible bonds, investors' subscription operation shall be subject to the announcement issued by the company. This paper takes "Angang Convertible Bonds" (125898) issued by the listed company Angang New Rolling Company as an example. The basic procedure for issuing convertible bonds is divided into three steps, as follows: Note: Some companies do not place shares in securities investment funds, but issue the balance to the public through online pricing, such as Shanghai Airport convertible bonds (10009). Placement process 1. Registration date of placing right (T date): determine the shareholders who can enjoy this convertible bond placing; 2. Payment date of allotment (T+ 1 day): the payment period of allotment is only 1 day, which is generally the second trading day after the base date. Placing rules The shareholders registered on the registration date of the placing right of the placing object. The placing price is 65,438+000 yuan, and the subscription unit of the placing unit is 65,438+0 lots (that is, 65,438+00 lots, each with a balance of 65,438+0). Placement to old shareholders. Placement to securities funds. The online pricing issue value is 65,438+000 yuan). Proportion of placing: the number of shares registered and held after the closing of the market as of the registration date of placing right, and the proportion of placing * yuan convertible bonds per share. The prior allotment is rounded up, and the actual allotment amount is 1 1,000 yuan. If the allotment amount is less than 1000 yuan according to the allotment proportion, it shall be deemed that the investor has given up. (For example, Angang Convertible Bonds) shall be calculated at the ratio of * * per 100 shares, and rounded to the whole number of 1 hand according to the rounding principle. (such as airport convertible bonds) The formula for calculating the number of convertible bonds that can be placed by public shareholders is: the number of convertible bonds that can be placed = the number of shares held by date of record after the market closes ×**/ 1000 (rounded). The subscription quantity of each stock account in the placing declaration shall not be less than 1 lot (1 lot), and the quantity exceeding 1 lot must be1lot. Payment time: the payment period for placing is only 1 day, which is generally the second trading day after the registration date of placing right. Place of payment: When investors subscribe for convertible bonds, they can decide to subscribe for all or part of the convertible bonds that can be placed according to their own wishes, but the subscription amount in each account shall not exceed the prescribed limit. Placement name and code: Shenzhen: the name is "* * with debt" and the code is 128 * * (for example, Angang Bond Allocation 128898). Shanghai: The name is "* * with debt" and the code is 7 * * (such as airport debt with 700009). Note 65438+ 2. Regardless of the online pricing method or the placing method, the number of investors' subscriptions must be no less than 1 lot (1 lot) per stock account, and the number exceeding 1 lot must be an integral multiple of1lot (1lot); If the number of lots is less than 1, it is deemed that the investor abstained automatically; 3. The payment time of online pricing or placing is very short, only one day, and overdue payment is regarded as automatic waiver of subscription or placing right. So investors must pay attention to the payment time. 4. Pay attention to the subscription of online pricing method. Each account can only be subscribed once, and repeated subscription is invalid. Placement declarations allow multiple declarations.