Core Viewpoint - The company has activated the additional repurchase clause for its convertible bonds, allowing bondholders to sell their bonds back to the company under specific conditions [1][2][3] Summary by Sections Repurchase Situation Overview - The repurchase was triggered by the approval of a proposal to conclude certain fundraising projects and redirect surplus funds to new projects during the company's board and shareholder meetings [1][2] - The company is required to grant bondholders the right to repurchase their bonds within 20 trading days after the shareholder meeting approves changes to the fundraising projects [2] Additional Repurchase Clause - The additional repurchase clause allows bondholders to sell their bonds back at face value plus accrued interest if there are significant changes in the implementation of the fundraising projects compared to the commitments made in the prospectus [2][3] - Bondholders can choose to repurchase all or part of their convertible bonds during the specified repurchase period [4] Repurchase Price - The repurchase price is calculated to be 100.567 CNY per bond, which includes accrued interest [3][4] - For individual investors, the actual amount received after tax will be 100.454 CNY per bond, while qualified foreign institutional investors will receive the full amount of 100.567 CNY [4] Repurchase Procedures and Payment Methods - The company will announce the repurchase details at least three times during the repurchase period, ensuring compliance with relevant regulations [5] - The repurchase application period is set from May 19, 2025, to May 23, 2025, during which bondholders can submit their repurchase requests [5] - Payments will be processed through the China Securities Depository and Clearing Corporation, with funds expected to be available by May 30, 2025 [5][6] Trading and Conversion During Repurchase Period - The convertible bonds will continue to trade during the repurchase period, but conversion will be suspended [5]
金埔园林: 关于金埔转债回售的第二次提示性公告