Longi(SH:601012) Zheng Quan Zhi Xing·2025-07-06 16:14Core Viewpoint - Longi Green Energy Technology Co., Ltd. has announced the repurchase terms for its convertible bonds, "Long 22 Convertible Bonds," allowing bondholders to sell back their bonds at a specified price during a designated period [1][2]. Group 1: Repurchase Terms - The repurchase price is set at 100.60 RMB per bond, including accrued interest [1][4]. - The repurchase period is from July 8, 2025, to July 14, 2025 [1][4]. - The payment date for the repurchase funds is July 17, 2025 [1][4]. Group 2: Bondholder Rights - Bondholders can choose to sell back part or all of their unconverted convertible bonds during the repurchase period [2][3]. - The repurchase is not mandatory; bondholders have the option to exercise their repurchase rights [3][4]. Group 3: Calculation of Accrued Interest - The accrued interest is calculated using the formula: IA = B × i × t / 365, where B is the total face value of the bonds held, i is the annual coupon rate, and t is the number of days from the last interest payment to the repurchase date [3]. - The coupon rate for the fourth year is 1.20%, with a calculation period of 184 days [3]. Group 4: Trading During Repurchase Period - "Long 22 Convertible Bonds" will continue to trade during the repurchase period but will stop converting into shares [4]. - If the total face value of the convertible bonds falls below 30 million RMB after the repurchase, the bonds will still continue to trade until the end of the repurchase period [4].