川恒股份: 提前赎回川恒转债的公告

Core Viewpoint - Guizhou Chuanheng Chemical Co., Ltd. has triggered the conditional redemption clause for its convertible bonds, "Chuanheng Convertible Bonds," due to the stock price exceeding 130% of the conversion price for 15 out of 30 consecutive trading days from May 16, 2025, to June 23, 2025 [1][6]. Convertible Bond Issuance and Redemption - The company issued 11.60 billion RMB worth of convertible bonds on August 12, 2021, with an initial conversion price of 21.02 RMB per share [1][2]. - The conversion price has been adjusted multiple times, with the latest adjustment bringing it down to 17.41 RMB per share due to various corporate actions [4][5][6]. - The redemption price for the bonds is set at 101.397 RMB per bond, which includes the face value and accrued interest [6][8]. Redemption Schedule and Procedures - The redemption will take place on July 18, 2025, with the last trading day for the bonds being July 15, 2025 [8]. - Investors will receive their redemption payments by July 25, 2025, through their respective brokerage accounts [8]. - The bonds will be delisted from the Shenzhen Stock Exchange following the completion of the redemption [8]. Shareholder Transactions - The company's actual controller, major shareholders, and executives have not traded the "Chuanheng Convertible Bonds" in the six months leading up to the redemption conditions being met [9].