浙江建投: 关于浙建转债回售的公告

Core Viewpoint - The announcement details the ineffective repurchase of "Zhejiang Construction Convertible Bonds" (浙建转债) and highlights the potential loss for investors choosing to sell back at the specified price, which is lower than the current market price [1][2]. Summary by Sections Repurchase Overview - The company held meetings to discuss the repurchase of "Zhejiang Construction Convertible Bonds" and approved the use of remaining funds for new investment projects [2]. - The repurchase clause is activated if there are significant changes in the use of raised funds compared to the commitments made in the prospectus [2]. Repurchase Price Calculation - The repurchase price is set at 100.168 CNY per bond, which includes accrued interest calculated based on a 0.4% annual interest rate for the period from December 25, 2024, to May 27, 2025 [3]. - The accrued interest for each bond is calculated as IA = B × i × t / 365, resulting in an accrued interest of 0.168 CNY per bond [3]. Repurchase Procedure and Payment - Bondholders can choose to sell back part or all of their unconverted bonds, and the repurchase is not mandatory [4]. - The repurchase period is from May 27, 2025, to June 3, 2025, during which bondholders must submit their repurchase requests through the Shenzhen Stock Exchange [5]. - The company will process repurchase requests and transfer funds by June 6, 2025, with trading of the bonds continuing during the repurchase period but suspending conversion [5].