Core Viewpoint - Tianchuang Fashion announced that holders of "Tianchuang Convertible Bonds" can choose to sell their bonds at a price of RMB 100.27 per bond (including current interest and tax) [2] Summary by Relevant Sections - **Convertible Bonds** - The closing price of "Tianchuang Convertible Bonds" is currently higher than the repurchase price, indicating that holders choosing to sell may incur losses [2] - **Investor Awareness** - Investors are advised to pay attention to the investment risks associated with the decision to sell "Tianchuang Convertible Bonds" [2]

本次满足回售条款而"天创转债"持有人未在上述回售期内申报并实施 回售的，计息年度即 2025 年 6 月 24 日至 2026 年 6 月 23 日不能再行使回售权。 风险提示："天创转债"持有人选择回售等同于以人民币 100.27 元/张（含 当期利息、含税）卖出持有的"天创转债"。截至目前，"天创转债"的收盘价 格高于本次回售价格，"天创转债"持有人选择回售可能会带来损失，敬请"天 创转债"持有人关注选择回售的投资风险。 天创时尚股份有限公司（以下简称"公司"）A 股股票自 2025 年 6 月 24 日至 2025 年 8 月 4 日连续 30 个交易日的收盘价格低于公司"天创转债"当期转股价 格（12.29 元/股）的 70%。根据公司《天创时尚股份有限公司公开发行可转换公 司债券募集说明书》的约定，"天创转债"回售条款生效。 现依据《上市公司证券发行管理办法》《可转换公司债券管理办法》《上海 证券交易所股票上市规则》和公司《公开发行可转换公司债券募集说明书》，就 回售有关事项向全体"天创转债"持有人公告如下： | 证券代码：603608 | 证券简称：天创时尚 | 公告编号：临 2025-067 | ...

Market Performance - The apparel and home textile sector increased by 0.67% on August 15, with Dizhu Fashion leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] Top Gainers - Dizhu Fashion (603587) closed at 13.60, up 5.59% with a trading volume of 100,100 shares and a turnover of 133 million yuan [1] - Tianchuang Fashion (603608) closed at 7.21, up 5.56% with a trading volume of 237,600 shares and a turnover of 168 million yuan [1] - ST Qibu (603557) closed at 2.71, up 4.63% with a trading volume of 152,800 shares and a turnover of 40.87 million yuan [1] Top Losers - Langsha Co., Ltd. (600137) closed at 20.04, down 1.86% with a trading volume of 40,400 shares and a turnover of 80.92 million yuan [2] - Russia's Location (002494) closed at 5.07, down 1.74% with a trading volume of 112,100 shares and a turnover of 57.51 million yuan [2] - Ru Yi Zhi Tuan (002193) closed at 6.02, down 1.63% with a trading volume of 102,300 shares and a turnover of 62.31 million yuan [2] Capital Flow - The apparel and home textile sector experienced a net outflow of 92.42 million yuan from institutional investors, while retail investors saw a net inflow of 171 million yuan [2][3] - Major stocks like ST Er Ya (600107) had a net inflow of 21.70 million yuan from institutional investors, but a net outflow from retail investors [3]

Core Points - The company announced the eighth notice regarding the "Tian Chuang Convertible Bond" repurchase rights, detailing the repurchase price and period [1][2] - The repurchase price is set at 100.27 RMB per bond, including accrued interest and tax [1][6] - The repurchase period is from August 12, 2025, to August 18, 2025, with funds to be disbursed on August 21, 2025 [1][12] - Holders of the "Tian Chuang Convertible Bond" have the option to choose whether to sell back their bonds, and this repurchase is not mandatory [1][7] Repurchase Terms - The repurchase clause is activated when the company's stock price falls below 70% of the bond's conversion price (12.29 RMB/share) for 30 consecutive trading days [2] - The accrued interest for the current period is calculated based on a 2% coupon rate and 49 days of interest, resulting in approximately 0.27 RMB per bond [6][5] - The total repurchase price is therefore 100.27 RMB per bond, which includes the accrued interest [6] Repurchase Process - Bondholders can sell back part or all of their unconverted bonds during the specified repurchase period [7] - The repurchase application must be submitted through the Shanghai Stock Exchange trading system, and once confirmed, cannot be revoked [8][9] - If the total face value of the bonds repurchased falls below 30 million RMB, the bonds will continue to trade until the end of the repurchase period [13]

Summary of Key Points Core Viewpoint - The company announces the terms for the repurchase of its convertible bonds, allowing bondholders to sell their bonds back to the company at a specified price during a designated period, contingent on certain conditions being met [1][2]. Group 1: Repurchase Terms - The repurchase price is set at 100.27 RMB per bond, which includes accrued interest and tax [1][5]. - The repurchase period is from August 12, 2025, to August 18, 2025 [1][5]. - The payment date for the repurchase funds is August 21, 2025 [1][5]. - During the repurchase period, the convertible bonds will stop being convertible into shares [1][5]. - Bondholders have the option to choose whether to participate in the repurchase, making it non-mandatory [1][5]. Group 2: Conditions for Repurchase - The repurchase clause is activated if the company's stock price falls below 70% of the conversion price for any 30 consecutive trading days during the last two interest years of the bond [2][3]. - If the bondholders do not exercise their repurchase rights during the specified period, they will lose the right to do so for the current interest year [2][3]. Group 3: Interest Calculation - The interest rate for the sixth year of the bonds is set at 2%, with the interest calculation based on the formula: IA = B × i × t / 365, where IA is the accrued interest, B is the total face value of the bonds held, i is the annual coupon rate, and t is the number of days in the interest period [4][5]. Group 4: Repurchase Process - Bondholders must submit their repurchase requests through the Shanghai Stock Exchange trading system during the designated period [5][6]. - The repurchase will not affect the trading of the bonds, which will continue to be traded during the repurchase period, although conversion will be halted [6].

（文章来源：证券日报） 证券日报网讯 8月14日晚间，天创时尚发布公告称，"天创转债"持有人选择回售等同于以人民币100.27 元/张（含当期利息、含税）卖出持有的"天创转债"。截至目前，"天创转债"的收盘价格高于本次回售 价格，"天创转债"持有人选择回售可能会带来损失，敬请"天创转债"持有人关注选择回售的投资风险。 ...

| 证券代码：603608 | 证券简称：天创时尚 | 公告编号：临 2025-066 | | --- | --- | --- | | 债券代码：113589 | 债券简称：天创转债 | | 天创时尚股份有限公司 关于"天创转债"可回售的第八次提示性公告 一、回售条款及价格 （一）有条件回售条款 在本次发行的可转换公司债券最后两个计息年度，如果公司股票在任何连续 三十个交易日的收盘价低于当期转股价格的70%时，可转换公司债券持有人有权 将其持有的可转换公司债券全部或部分按债券面值加上当期应计利息的价格回 售给公司。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 本次满足回售条款而"天创转债"持有人未在上述回售期内申报并实施 回售的，计息年度即 2025 年 6 月 24 日至 2026 年 6 月 23 日不能再行使回售权。 风险提示："天创转债"持有人选择回售等同于以人民币 100.27 元/张（含 当期利息、含税）卖出持有的"天创转债"。截至目前，"天创转债"的收盘价 格高于本次回售价格，"天创转债 ...

Core Points - The company announces the redemption price for "Tian Chuang Convertible Bonds" at 100.27 CNY per bond, including accrued interest and tax [1][10] - The redemption period is set from August 12, 2025, to August 18, 2025, with funds to be disbursed on August 21, 2025 [1][11] - Holders of "Tian Chuang Convertible Bonds" have the right to choose whether to redeem, and this redemption is not mandatory [1][7] Redemption Terms - The redemption clause is activated when the company's stock price falls below 70% of the conversion price (12.29 CNY per share) for 30 consecutive trading days [2] - The redemption price includes the face value of the bonds plus accrued interest, calculated based on a 2% annual interest rate for 49 days [6][4] - If bondholders do not exercise their redemption rights during the specified period, they will lose the right to redeem for the current interest year [2][3] Redemption Process - Bondholders can redeem part or all of their unconverted bonds during the redemption period [7] - The redemption application must be submitted through the Shanghai Stock Exchange trading system, and once confirmed, cannot be revoked [7][8] - The redemption application period is from August 12, 2025, to August 18, 2025 [9] Trading During Redemption - "Tian Chuang Convertible Bonds" will continue to trade during the redemption period but will stop conversion [12] - If the total face value of the bonds falls below 30 million CNY due to redemptions, trading will continue until the end of the redemption period [12]

证券代码：603608 证券简称：天创时尚（维权） 公告编号：临2025-065 债券代码：113589 债券简称：天创转债 天创时尚股份有限公司 关于"天创转债"可回售的第七次提示性公告 ● 回售价格：100.27元/张（含当期应计利息、含税） ● "天创转债"持有人有权选择是否进行回售，本次回售不具有强制性。 ● 本次满足回售条款而"天创转债"持有人未在上述回售期内申报并实施回售的，计息年度即2025年6月 24日至2026年6月23日不能再行使回售权。 ● 风险提示："天创转债"持有人选择回售等同于以人民币100.27元/张（含当期利息、含税）卖出持有 的"天创转债"。截至目前，"天创转债"的收盘价格高于本次回售价格，"天创转债"持有人选择回售可能 会带来损失，敬请"天创转债"持有人关注选择回售的投资风险。 天创时尚股份有限公司（以下简称"公司"）A股股票自2025年6月24日至2025年8月4日连续30个交易日 的收盘价格低于公司"天创转债"当期转股价格（12.29元/股）的70%。根据公司《天创时尚股份有限公 司公开发行可转换公司债券募集说明书》的约定，"天创转债"回售条款生效。 现依据《上市公司证 ...

证券代码：603608 证券简称：天创时尚 公告编号：临 2025-065 债券代码：113589 债券简称：天创转债 天创时尚股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ? 回售价格：100.27 元/张（含当期应计利息、含税） ? 回售期：2025 年 8 月 12 日至 2025 年 8 月 18 日 ? 回售资金发放日：2025 年 8 月 21 日 ? 回售期内"天创转债"停止转股 ? "天创转债"持有人有权选择是否进行回售，本次回售不具有强制性。 ? 本次满足回售条款而"天创转债"持有人未在上述回售期内申报并实施 一、回售条款及价格 （一）有条件回售条款 在本次发行的可转换公司债券最后两个计息年度，如果公司股票在任何连续 三十个交易日的收盘价低于当期转股价格的70%时，可转换公司债券持有人有权 将其持有的可转换公司债券全部或部分按债券面值加上当期应计利息的价格回 售给公司。 回售的，计息年度即 2025 年 6 月 24 日至 2026 年 6 月 23 日不能再行使回售权。 ...