Core Points - Zhejiang Hailiang Co., Ltd. announced the thirteenth notice for the early redemption of "Hailiang Convertible Bonds" [1] - The redemption conditions will be met on August 25, 2025, with a redemption price of 101.710 yuan per bond, including accrued interest [1] - Trading of "Hailiang Convertible Bonds" will cease on September 24, with the redemption registration date set for September 26 [1] - The bonds will stop conversion on September 29, and funds will be credited to the company on October 10, with investors receiving redemption payments by October 14 [1] - This redemption will be total, and after completion, "Hailiang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [1] - The company advises bondholders to convert their bonds within the specified period, as failure to do so may result in losses [1] - There have been no transactions involving "Hailiang Convertible Bonds" by relevant personnel in the six months prior to the fulfillment of the redemption conditions [1]

Core Viewpoint - Zhejiang Hailiang Co., Ltd. has decided to exercise its early redemption rights for the "Hailiang Convertible Bonds" due to market conditions and company circumstances, with the redemption price set at 101.710 yuan per bond, including accrued interest [4][10][13]. Group 1: Bond Redemption Details - The redemption price for "Hailiang Convertible Bonds" is 101.710 yuan per bond, which includes accrued interest calculated at a 2.00% annual interest rate [2][14]. - The redemption conditions are met as the company's stock price has been above 130% of the current conversion price for 15 trading days [10][11]. - The redemption date is set for September 29, 2025, with the last trading day being September 24, 2025 [3][19]. Group 2: Bond Issuance and Trading Information - The "Hailiang Convertible Bonds" were issued on November 21, 2019, with a total issuance of 315 million bonds, amounting to 3.15 billion yuan [4]. - The bonds were listed on the Shenzhen Stock Exchange on December 16, 2019, under the code "128081" [4]. Group 3: Conversion Price Adjustments - The initial conversion price was set at 9.83 yuan per share, which has been adjusted multiple times due to annual profit distributions, with the latest adjustment bringing it to 9.20 yuan per share as of July 4, 2025 [6][9][10]. Group 4: Redemption Process and Timeline - The redemption registration date is September 26, 2025, and the funds will be credited to bondholders' accounts by October 14, 2025 [19][20]. - The company will issue daily announcements regarding the redemption process leading up to the redemption date [17].

Group 1 - The core point of the announcement is that Hailiang Co., Ltd. will forcibly redeem the "Hailiang Convertible Bonds" that have not been converted by the close of trading on September 26, 2025 [2] - After the redemption is completed, the "Hailiang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [2] - Bondholders are advised to convert their bonds before the deadline, especially if their bonds are pledged or frozen, to avoid being forced to redeem them [2]

| 证券代码：002203 | 证券简称：海亮股份 | 公告编号：2025-083 | | --- | --- | --- | | 债券代码：128081 | 债券简称：海亮转债 | | 浙江海亮股份有限公司 关于提前赎回"海亮转债"的第十二次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1. "海亮转债" 赎回价格：101.710 元/张（含当期应计利息，当期年利 率为 2.00%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责 任公司深圳分公司（以下简称"中登公司"）核准的价格为准。 2. 赎回条件满足日：2025 年 8 月 25 日 3. "海亮转债"停止交易日：2025 年 9 月 24 日 4. "海亮转债"赎回登记日：2025 年 9 月 26 日 5. "海亮转债"停止转股日：2025 年 9 月 29 日 6. "海亮转债"赎回日：2025 年 9 月 29 日 7. 发行人（公司）资金到账日：2025 年 10 月 10 日 经中国证券监督管理委员会"证监许可[2019]1943 号"文核准，公司于 2 ...

Core Points - Zhejiang Hailiang Co., Ltd. has announced the early redemption of its convertible bonds, "Hailiang Convertible Bonds," with a redemption price of 101.710 CNY per bond, including accrued interest at an annual rate of 2.00% [1][2][13] - The redemption conditions will be met on August 25, 2025, with the bonds ceasing to trade on September 24, 2025, and the redemption date set for September 29, 2025 [1][2][17] - The company has triggered the conditional redemption clause due to the stock price being above 130% of the conversion price for 15 trading days [8][9][10] Convertible Bond Details - The company issued 31.50 billion CNY worth of convertible bonds on November 21, 2019, with a maturity of six years [3][4] - The initial conversion price was set at 9.83 CNY per share, which has been adjusted multiple times due to annual profit distribution [5][6][7][8] - The current conversion price is 9.20 CNY per share as of July 4, 2025 [8] Redemption Implementation - The redemption price is calculated based on the bond's face value plus accrued interest, with the accrued interest for each bond being approximately 1.710 CNY [13][14] - The redemption process includes a series of announcements leading up to the redemption date, with the final trading day for the bonds being September 24, 2025 [17][18] - The funds from the redemption will be credited to bondholders' accounts by October 14, 2025 [18] Other Considerations - Bondholders are advised to convert their bonds before the conversion ceases on September 29, 2025, to avoid forced redemption [1][21] - The company has confirmed that there have been no transactions in the bonds by major shareholders or executives in the six months leading up to the redemption conditions being met [19]

Group 1 - The core point of the announcement is that Hailiang Co., Ltd. will forcibly redeem the "Hailiang Convertible Bonds" that have not been converted by the close of trading on September 26, 2025 [2] - After the redemption is completed, the "Hailiang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [2] - Bondholders are advised to convert their bonds before the deadline, especially if their bonds are pledged or frozen, to avoid being forced to redeem them [2]

Core Points - Zhejiang Hailiang Co., Ltd. announced the eleventh notice for the early redemption of "Hailiang Convertible Bonds" [1] - The redemption clause was triggered as the company's stock price closed at no less than 130% of the conversion price for fifteen trading days from August 4 to August 25, 2025 [1] - The board of directors decided to exercise the early redemption right on August 25, with a redemption price of 101.710 CNY per bond (including accrued interest) [1] - The redemption registration date is set for September 26, and the redemption date is September 29 [1] - Unconverted "Hailiang Convertible Bonds" will be forcibly redeemed after the market closes on the redemption date, and the bonds will be delisted from the Shenzhen Stock Exchange after redemption [1] - Bondholders are reminded to convert their bonds within the specified period to avoid potential losses, and those with pledged or frozen bonds are advised to lift the pledge or freeze in advance [1]

| 证券代码：002203 | 证券简称：海亮股份 | 公告编号：2025-082 | | --- | --- | --- | | 债券代码：128081 | 债券简称：海亮转债 | | 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1. "海亮转债" 赎回价格：101.710 元/张（含当期应计利息，当期年利 率为 2.00%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责 任公司深圳分公司（以下简称"中登公司"）核准的价格为准。 2. 赎回条件满足日：2025 年 8 月 25 日 3. "海亮转债"停止交易日：2025 年 9 月 24 日 4. "海亮转债"赎回登记日：2025 年 9 月 26 日 5. "海亮转债"停止转股日：2025 年 9 月 29 日 6. "海亮转债"赎回日：2025 年 9 月 29 日 浙江海亮股份有限公司 关于提前赎回"海亮转债"的第十一次提示性公告 7. 发行人（公司）资金到账日：2025 年 10 月 10 日 8. 投资者赎回款到账日：2025 年 10 月 14 日 9. 赎回类别：全 ...

Core Viewpoint - Zhejiang Hailiang Co., Ltd. has announced the early redemption of its convertible bonds, "Hailiang Convertible Bonds," due to the fulfillment of redemption conditions based on the company's stock performance [2][9]. Group 1: Redemption Details - The redemption price for "Hailiang Convertible Bonds" is set at 101.710 CNY per bond, including accrued interest at an annual rate of 2.00% [1][13]. - The redemption conditions are met as of August 25, 2025, and the bonds will stop trading on September 24, 2025 [1][17]. - The redemption date is scheduled for September 29, 2025, with funds to be credited to investors' accounts by October 14, 2025 [1][18]. Group 2: Bond Issuance and Trading - The company issued 31.50 billion CNY worth of convertible bonds on November 21, 2019, with a maturity of six years [3][4]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting December 16, 2019 [4]. Group 3: Conversion and Price Adjustments - The initial conversion price was set at 9.83 CNY per share, which has been adjusted multiple times due to annual profit distributions, with the latest adjustment bringing it to 9.20 CNY per share as of July 4, 2025 [5][7][8]. - The conversion period for the bonds runs from May 27, 2020, to November 21, 2025 [5]. Group 4: Redemption Conditions - The redemption was triggered as the stock price exceeded 130% of the conversion price for at least 15 trading days [8][10]. - The company has the right to redeem the bonds if the remaining balance is less than 30 million CNY [11]. Group 5: Additional Information - Investors are advised to consult their brokerage firms for the conversion process and to ensure that any pledged or frozen bonds are released before the conversion deadline [20]. - The company will publish announcements regarding the redemption process leading up to the redemption date [17].

Group 1 - Hai Liang Co., Ltd. announced that the "Hai Liang Convertible Bonds" will be forcibly redeemed after the market closes on September 26, 2025, if not converted [2] - Following the redemption, the "Hai Liang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [2] - Bondholders are advised to convert their bonds before the deadline to avoid being forced to redeem at potentially unfavorable prices [2] Group 2 - Bondholders with pledged or frozen "Hai Liang Convertible Bonds" are recommended to解除质押 or unfreeze before the conversion deadline to prevent issues with redemption [2] - The redemption price may differ significantly from the market price prior to the suspension of trading and conversion [2] - Investors who fail to convert in time may face potential losses [2]