Core Viewpoint - The company, Ningbo Zhenyu Technology Co., Ltd., has announced that its convertible bonds may meet the conditions for redemption based on stock price performance, specifically if the stock price remains above 130% of the conversion price for a specified period [1][6]. Group 1: Convertible Bond Basic Information - The company issued 11,950,000 convertible bonds at a face value of RMB 100 each, totaling RMB 119,500 million, approved by the China Securities Regulatory Commission [2]. - The convertible bonds will be traded on the Shenzhen Stock Exchange starting from November 9, 2023, under the name "Zhenyu Convertible Bonds" with the code "123228" [2]. - The initial conversion price for the bonds is set at RMB 61.57 per share [3]. Group 2: Redemption Conditions - The company has outlined conditions under which it can redeem the convertible bonds, including if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [5]. - As of the announcement date, the conversion price is RMB 54.54 per share, and the stock price must reach at least RMB 70.91 for the redemption condition to be triggered [1][6]. - The company has the right to redeem all or part of the unconverted bonds at face value plus accrued interest if the redemption conditions are met [5][6].
震裕科技: 关于震裕转债可能满足赎回条件的提示性公告