Core Viewpoint - Guangdong Zhongqi New Materials Co., Ltd. has successfully issued convertible bonds totaling 540 million RMB, with a maturity of six years, following approval from the China Securities Regulatory Commission [1] Group 1: Convertible Bond Issuance - The company issued 5.4 million convertible bonds at a face value of 100 RMB each, amounting to a total of 54 million RMB [1] - The bond issuance date was March 3, 2023, and the conversion period for the bonds will start from September 11, 2023, until March 2, 2029 [1] Group 2: Shareholder Meeting and Rights Distribution - The company held its annual shareholder meeting on May 14, 2025, where it approved the profit distribution and capital reserve conversion plan for the year 2024 [2] - The convertible bond "Zhongqi Convertible Bond" will suspend conversion from May 21, 2025, until the rights registration date for the distribution, after which conversion will resume [2] Group 3: Adjustment of Conversion Price - The company will adjust the conversion price of the bonds in the event of stock dividends, capital increases, or cash dividends, following specific formulas outlined in the bond issuance prospectus [2][3] - The adjustment formulas account for various scenarios, including stock dividends, capital increases, and cash dividends, ensuring that the conversion price reflects the changes in equity [2][3]
中旗新材: 关于权益分派期间中旗转债暂停转股的提示性公告