Orinko(SH:688219) Xin Lang Cai Jing·2025-06-26 23:06Core Viewpoint - The company announces that its convertible bond, "会通转债," is expected to meet the redemption conditions due to the adjustment of the conversion price and the stock price performance [2][7]. Group 1: Convertible Bond Details - The company issued 8,300,000 convertible bonds with a total value of 830 million yuan, which are set to mature on December 5, 2028 [3]. - The initial conversion price was set at 9.33 yuan per share, which has been adjusted multiple times due to annual equity distribution plans [4][5][6]. - The latest conversion price is 9.06 yuan per share, effective from June 26, 2025 [6]. Group 2: Redemption Conditions - The company may trigger the conditional redemption clause if the stock price remains above 130% of the conversion price for a specified number of trading days [2][8]. - As of June 26, 2025, the stock price was 12.45 yuan, which is above the required threshold, indicating a potential for triggering the redemption clause [2][7]. - If the stock price conditions are met for 20 consecutive trading days, the company has the right to redeem all or part of the unconverted bonds at face value plus accrued interest [8][9].