Summary of Key Points Core Viewpoint The company has announced the early redemption of its convertible bonds, "Beifang Convertible Bonds," due to the stock price meeting the necessary conditions for redemption. Investors are advised to convert their bonds before the deadline to avoid potential losses. Group 1: Redemption Details - The last conversion date for "Beifang Convertible Bonds" is April 3, 2025, after which unconverted bonds will be redeemed at a price of 100.90 CNY per bond [2][4][17] - The redemption date is set for April 7, 2025, with the funds reaching bondholders' accounts by April 14, 2025 [6][24] - The bonds will stop trading on April 1, 2025, and stop converting on April 7, 2025 [22][23] Group 2: Trigger Conditions - The redemption clause was triggered as the stock price was above 130% of the conversion price for 15 trading days from February 13 to March 6, 2025 [6][16] - The initial conversion price was adjusted multiple times, with the current conversion price being 7.65 CNY per share [10][9] Group 3: Bond Issuance and Terms - The company issued 5.7821 million convertible bonds on October 24, 2019, with a total value of 578.21 million CNY and a maturity date of October 23, 2025 [7] - The bonds have a tiered interest rate, with the current rate being 2.00% [7][18] Group 4: Investor Guidance - Bondholders are encouraged to convert their bonds before the deadline to avoid being forced to redeem at a potentially lower market price [3][5] - The company will provide daily announcements regarding the redemption process leading up to the redemption date [21]
北方国际合作股份有限公司 关于“北方转债”即将停止转股暨赎回日前最后半个交易日的 重要提示性公告