First, you can apply for convertible bonds directly, just like applying for new shares. Specific operation, input code, price, quantity, etc. Convertible bonds, and finally confirmed. The face value of convertible bonds is 65,438+000 yuan, and the minimum unit of subscription is 65,438+0 lots (65,438+00). According to industry insiders, due to the fact that the subscription of convertible bonds 1 requires less funds, more matching numbers are obtained, and the probability of signing 1 is higher than that of subscription of new shares.
Second, in addition to direct subscription, investors get the priority to place shares by purchasing shares in advance. Since the issuance of convertible bonds will generally give priority to the old shareholders, investors can buy shares before the registration date, and then exercise the placing right on the placing date to obtain convertible bonds.
Third, in the secondary market, investors can buy and sell convertible bonds as long as they have stock accounts. The specific operation is similar to buying and selling stocks.
bond conversion
When bondholders convert into stocks, there are two accounting methods to choose from: book value method and market value method.
Using the book value method, the book value of the convertible bonds is regarded as the renewal value, and the conversion profit and loss are not recognized. Those who agree with this approach believe that the company cannot generate profits and losses due to the issuance of securities, and even if it does, it should be treated as (or offset) capital reserve or retained profits and losses.
Furthermore, the purpose of issuing convertible bonds is to convert bonds into stocks. The issuance of shares and the conversion of bonds are a complete transaction, not two separate transactions, and profits and losses should not be recognized when converting shares.
Under the market price method, the value of the exchanged shares is based on the more reliable market price or the market price of the converted bonds, and the conversion gains and losses are confirmed.
The reason why the market price method is adopted is because the bond conversion is an important stock activity of the company and the market price is quite reliable. According to the two information quality requirements of relevance and reliability, the conversion gains and losses should be confirmed separately. Furthermore, the market price method is also in line with the historical cost principle.