Core Viewpoint - Qingdao Weilon Valve Co., Ltd. has announced the early redemption of its convertible bonds "Weilon Convertible Bonds" due to the triggering of redemption conditions based on the company's stock price performance [1][4]. Group 1: Convertible Bond Basic Information - The company issued a total of 26,971,000 yuan in convertible bonds on August 19, 2024, with a face value of 100 yuan per bond, resulting in a total of 2,697,100 bonds issued [2]. - The initial conversion price of the bonds was set at 8.60 yuan per share, which was later adjusted to 8.26 yuan per share effective from May 29, 2025 [3][4]. Group 2: Redemption Conditions and Implementation - The redemption was triggered as the company's stock price exceeded 130% of the conversion price (10.74 yuan per share) for fifteen consecutive trading days [4]. - The redemption price is set at 100.485 yuan per bond, which includes accrued interest [5][6]. - The redemption will be executed on July 31, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange after the redemption [1][6]. Group 3: Shareholder Transactions - The actual controller and major shareholders have not engaged in any transactions involving the convertible bonds in the six months prior to the redemption conditions being met [7][8]. - The company has not received any plans from major shareholders to reduce their holdings in the convertible bonds in the next six months [8]. Group 4: Conversion Procedures - Bondholders must apply for conversion through the securities company that holds their bonds, with a minimum conversion unit of 1 bond [8]. - Newly converted shares will be listed for trading the next trading day after the conversion application [8].
伟隆股份: 关于提前赎回伟隆转债的公告