Core Viewpoint - Jiangsu Jinling Sports Equipment Co., Ltd. has issued convertible bonds with a potential conditional redemption clause triggered if the stock price remains above a specified threshold for a certain period [1][5][6] Group 1: Convertible Bond Basic Information - The company issued 250 million yuan worth of convertible bonds on February 18, 2021, with a maturity of six years [1][2] - The bonds are listed on the Shenzhen Stock Exchange under the name "Jinling Convertible Bonds" with the code "123093" [2] - The conversion period for the bonds is from July 26, 2021, to January 18, 2027 [2] Group 2: Conversion Price Adjustments - The conversion price was adjusted from 49.29 yuan/share to 49.19 yuan/share on June 9, 2021, following a cash dividend distribution [2] - Subsequent adjustments occurred, with the conversion price changing to 49.09 yuan/share on June 9, 2022, and to 48.97 yuan/share on June 9, 2023 [3] - The conversion price was further adjusted to 48.82 yuan/share on June 7, 2024, and finally to 20.00 yuan/share on November 18, 2024 [3] Group 3: Conditional Redemption Clause - The conditional redemption clause allows the company to redeem the bonds if the stock price exceeds 130% of the conversion price for a specified period [5][6] - As of June 5 to June 18, 2025, the stock price has remained above the threshold of 25.805 yuan/share, indicating a potential trigger for redemption [5][6] - The company’s board has the authority to decide on the redemption of the bonds if the conditions are met [6]
金陵体育: 关于金陵转债预计触发赎回条件的提示性公告