目前我国上市公司的再融资有配股、增发、可转换债券三种主要渠道,其中可转换债券以其特定的优势正逐步受到国内上市公司的重视,融资额不断扩大。本文通过对水运转债发行前的准备、发行策略、发行的价值体现、存续期策略等分析得出一些有益的启示,以供企业发行可转换债券作参考。 At present, the refinancing of listed companies in our country includes three major channels: rights issue, issuance and convertible bonds. Convertible bonds are gradually receiving the attention of listed companies in China due to their particular advantages, and the amount of financing is continuously expanding. This article draws some beneficial enlightenments for the preparation of convertible bonds issued by enterprises before they are issued, the issuance strategy, the embodiment of issuance value and the strategy of duration of issuance.