Enpower(SZ:300681) Zheng Quan Zhi Xing·2025-05-16 08:27Group 1 - The company, Zhuhai Yingboer Electric Co., Ltd., has issued 8,171,597 convertible bonds with a total fundraising amount of RMB 817,159,700, netting RMB 804,682,475 after expenses, with a maturity of 6 years [2][3] - The initial conversion price for the convertible bonds was set at RMB 17.57 per share, which was later adjusted to RMB 17.46 per share due to an increase in total share capital from a stock incentive plan [3][4] - The company’s A-share stock has closed above 130% of the current conversion price (RMB 22.70) for 10 trading days from April 30, 2025, which may trigger the conditional redemption clause of the convertible bonds [2][4][5] Group 2 - The conditional redemption clause allows the company to redeem all or part of the unconverted bonds if the stock price conditions are met, specifically if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [4][5] - The convertible bonds will be listed for trading on the Shenzhen Stock Exchange starting November 11, 2024, under the name "Yingbo Convertible Bonds" and code "123249" [2][3]