| 股票代码：603650 | 股票简称：彤程新材 | 编号：2025-090 | | --- | --- | --- | | 债券代码：113621 | 债券简称：彤程转债 | | 彤程新材料集团股份有限公司 关于实施"彤程转债"赎回暨摘牌的最后一次提示性公告 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法律责任。 重要内容提示 ●赎回登记日：2025 年 11 月 13 日 ●赎回价格：101.44 元/张 ●最后交易日：2025 年 11 月 10 日 自 2025 年 11 月 11 日起，"彤程转债"停止交易。 ●赎回款发放日：2025 年 11 月 14 日 ●最后转股日：2025 年 11 月 13 日 截至 2025 年 11 月 12 日收市后，距离 2025 年 11 月 13 日（"彤程转债"最后转 股日）仅剩 1 个交易日，2025 年 11 月 13 日为"彤程转债"最后一个转股日。 ●本次提前赎回完成后，"彤程转债"将自 2025 年 11 月 14 日起在上海证券交易 所摘牌。 ●投资者所持"彤程转债"除 ...

Core Viewpoint - The company announces the early redemption of its convertible bonds "Tongcheng Convertible Bonds" due to the triggering of conditional redemption clauses, with specific dates and prices outlined for investors [2][4][5]. Redemption Details - Redemption registration date is set for November 13, 2025 [2] - Redemption price is 101.44 CNY per bond [2][8] - Redemption payment date is November 14, 2025 [2][10] - Last trading day for the bonds is November 10, 2025, after which trading will cease [2][12] Conversion and Trading Information - The last conversion date for the bonds is November 13, 2025, with only two trading days remaining until this date [3][12] - The bonds will be delisted from the Shanghai Stock Exchange starting November 14, 2025 [4][12] Conditional Redemption Clause - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 trading days [5][6] - The redemption applies to all registered bondholders as of the redemption registration date [7] Interest Calculation - The accrued interest for the bonds is calculated to be 1.44 CNY per bond, leading to a total redemption amount of 101.44 CNY [8][13] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 101.152 CNY after tax [13] - Qualified foreign institutional investors will receive the full redemption amount of 101.44 CNY without tax deductions [14]

Core Points - Tongcheng New Materials announced that the last conversion date for the "Tongcheng Convertible Bonds" is November 13, 2025, with only two trading days remaining until the market closes on November 11, 2025 [2] - After the early redemption, the "Tongcheng Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting November 14, 2025 [2] - Investors can either convert their bonds at a conversion price of 31.11 CNY per share or face forced redemption at a total of 101.44 CNY per bond, which includes the face value and accrued interest [2] - The company warns that forced redemption may lead to significant investment losses for bondholders [2]

| 股票代码：603650 | 股票简称：彤程新材 | 编号：2025-089 | | --- | --- | --- | | 债券代码：113621 | 债券简称：彤程转债 | | 彤程新材料集团股份有限公司 关于实施"彤程转债"赎回暨摘牌的第七次提示性公告 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法律责任。 重要内容提示 ●赎回登记日：2025 年 11 月 13 日 ●赎回款发放日：2025 年 11 月 14 日 ●最后交易日：2025 年 11 月 10 日 自 2025 年 11 月 11 日起，"彤程转债"停止交易。 ●最后转股日：2025 年 11 月 13 日 截至 2025 年 11 月 11 日收市后，距离 2025 年 11 月 13 日（"彤程转债"最后转 股日）仅剩 2 个交易日，2025 年 11 月 13 日为"彤程转债"最后一个转股日。 ●本次提前赎回完成后，"彤程转债"将自 2025 年 11 月 14 日起在上海证券交易 所摘牌。 ●投资者所持"彤程转债"除在规定时限内按照 31.11 元/股 ...

Core Points - The company has announced the early redemption of "Tongcheng Convertible Bonds" due to the triggering of conditional redemption clauses as the stock price exceeded 130% of the conversion price for 15 trading days [3][6] - The redemption price is set at 101.44 CNY per bond, which includes the face value and accrued interest [8][13] - The bonds will stop trading from November 11, 2025, and the last conversion date is November 13, 2025 [12][15] Redemption Details - Redemption Registration Date: November 13, 2025 [1] - Redemption Payment Date: November 14, 2025 [10] - Last Trading Day: November 10, 2025 [1] - The bonds will be delisted from the Shanghai Stock Exchange on November 14, 2025 [2][12] Conversion and Trading - Investors can convert the bonds at a price of 31.11 CNY per share within the specified timeframe or face forced redemption at 101.44 CNY per bond [2][15] - The company has triggered the conditional redemption clause based on stock performance from September 24 to October 22, 2025 [3][6] Interest Calculation - The accrued interest is calculated using 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 from the last interest payment to the redemption date [4][8] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 101.152 CNY per bond after tax [13][14]

证券日报网讯 11月10日晚间，彤程新材发布公告称，投资者所持"彤程转债"除在规定时限内按照31.11 元/股的转股价格进行转股外，仅能选择以100元/张的票面价格加当期应计利息1.44元/张（即合计101.44 元/张）被强制赎回。若被强制赎回，可能面临较大投资损失。 （文章来源：证券日报） ...

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法律责任。 重要内容提示 ●赎回登记日：2025 年 11 月 13 日 ●赎回价格：101.44 元/张 ●赎回款发放日：2025 年 11 月 14 日 ●最后交易日：2025 年 11 月 10 日 | 股票代码：603650 | 股票简称：彤程新材 | 编号：2025-088 | | --- | --- | --- | | 债券代码：113621 | 债券简称：彤程转债 | | 彤程新材料集团股份有限公司 关于实施"彤程转债"赎回暨摘牌的第六次提示性公告 自 2025 年 11 月 11 日起，"彤程转债"停止交易。 ●最后转股日：2025 年 11 月 13 日 截至 2025 年 11 月 10 日收市后，距离 2025 年 11 月 13 日（"彤程转债"最后转 股日）仅剩 3 个交易日，2025 年 11 月 13 日为"彤程转债"最后一个转股日。 ●本次提前赎回完成后，"彤程转债"将自 2025 年 11 月 14 日起在上海证券交易 所摘牌。 ●投资者所持"彤程转债"除在 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7][10]. Core Views - The company reported steady growth in performance, with a revenue of 2.52 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 4.1%. The net profit attributable to shareholders was 490 million yuan, up 12.7% year-on-year, and the net profit after deducting non-recurring gains and losses was 470 million yuan, an increase of 32.6% year-on-year [5][10]. - In Q3 alone, the company achieved a revenue of 870 million yuan, which is a 2.4% increase year-on-year and an 8.8% increase quarter-on-quarter. The net profit attributable to shareholders for Q3 was 140 million yuan, reflecting a year-on-year increase of 14.1% but a quarter-on-quarter decrease of 25.0% [5][10]. Summary by Sections Financial Performance - For Q1-Q3 2025, the company achieved a total revenue of 2.52 billion yuan, with a net profit of 490 million yuan and a net profit after deducting non-recurring items of 470 million yuan. The average selling price of electronic chemicals increased by 19.5% year-on-year, indicating a rise in high-value product sales [5][10]. - The company’s electronic chemicals segment saw production of 14,000 tons and sales of 13,000 tons, with year-on-year changes of +11.8% and +8.1%, respectively [10]. Business Segments - The special rubber additives business remained stable, while the electronic chemicals segment continued to grow. The company’s electronic chemicals business includes semiconductor photoresists and related reagents, display photoresists, electronic resins, and CMP polishing pads [10]. - The company holds a 96.3% stake in semiconductor photoresist leader Beijing Kehua, which generated nearly 200 million yuan in revenue in the first half of 2025, marking a growth of over 50% year-on-year [10]. Market Position - The company is positioned as a leader in special rubber additives and photoresists in China, with a strong focus on enhancing core competitiveness in the automotive tire rubber chemicals sector. The sales volume of automotive tire rubber chemicals increased by over 1,000 tons in the first half of 2025, reflecting a year-on-year growth of 1.5% [10]. - The company aims to deepen strategic cooperation with leading domestic tire manufacturers and accelerate its global expansion, particularly in high-end markets in Europe and America [10]. Future Outlook - The company is expected to maintain a "Buy" rating, with projected net profits of 650 million yuan, 800 million yuan, and 970 million yuan for 2025, 2026, and 2027, respectively [10].

Core Points - The company is implementing the early redemption of its convertible bonds, "Tongcheng Convertible Bonds," with a redemption price of 101.44 yuan per bond [2][9] - The last trading day for the bonds is set for November 10, 2025, and the last conversion day is November 13, 2025 [12][3] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on November 14, 2025 [4][13] Redemption Details - Redemption registration date is November 13, 2025, and the redemption payment date is November 14, 2025 [2] - The bonds will be forcibly redeemed at a total of 101.44 yuan per bond, which includes the face value of 100 yuan and accrued interest of 1.44 yuan [4][9] - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for 15 trading days [5][7] Investor Guidance - Investors are advised to convert or sell their bonds within the specified timeframe to avoid forced redemption [17][5] - The company emphasizes the importance of acting before the last trading and conversion days to mitigate potential losses [16][17] - The accrued interest calculation for the bonds is based on a formula that considers the bondholder's total amount, interest rate, and the number of days until redemption [6][9]

Core Viewpoint - Tongcheng New Materials announced that investors holding "Tongcheng Convertible Bonds" can either continue trading in the secondary market or convert at a price of 31.11 yuan per share, otherwise they will face forced redemption at a price of 100 yuan per bond plus accrued interest of 1.44 yuan, totaling 101.44 yuan per bond, which may lead to significant investment losses [2]. Summary by Category - **Company Announcement** - Tongcheng New Materials issued a notice regarding the options available to investors holding "Tongcheng Convertible Bonds" [2]. - The company emphasized the importance for bondholders to convert or sell their bonds within the specified timeframe to avoid forced redemption [2]. - **Financial Implications** - If forced redemption occurs, investors may incur substantial losses [2]. - The total amount for forced redemption is set at 101.44 yuan per bond, which includes the face value and accrued interest [2].