Dawn(SZ:002838) Shang Hai Zheng Quan Bao·2025-05-05 19:56Group 1 - The company plans to provide a total guarantee amount of up to RMB 1.323 billion for its subsidiaries and joint ventures in 2025, with specific limits based on their asset-liability ratios [2][3] - The guarantee period will last from the approval date at the 2024 annual general meeting until the 2025 annual general meeting [2] - The company has signed a guarantee contract with Chongqing Bank for a maximum amount of RMB 60 million for its wholly-owned subsidiary, Daon Polymer Materials (Chongqing) Co., Ltd [3][5] Group 2 - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 965.5 million, which is 30.95% of the company's latest audited net assets attributable to shareholders [6] - There are no overdue guarantees or guarantees involved in litigation, nor any losses due to guarantees [6] Group 3 - The last trading day for the "Daon Convertible Bonds" is May 7, 2025, after which trading will cease [9] - The last conversion day for the bonds is May 12, 2025, and any unconverted bonds will be redeemed [10][12] - The redemption price is set at RMB 101.73 per bond, including accrued interest, with a tax-inclusive rate of 2.00% [11][22] Group 4 - The company triggered the redemption clause for the "Daon Convertible Bonds" due to the stock price exceeding 130% of the conversion price for 15 out of 30 trading days [13][18] - The company issued a total of 3.6 million convertible bonds, with a face value of RMB 100 each, amounting to RMB 360 million [14][15] Group 5 - The redemption process includes a series of important dates: trading stops on May 8, 2025, redemption registration on May 12, and redemption execution on May 13 [23] - After the redemption, the "Daon Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [12][23]