LUXSHARE-ICT(SZ:002475) Zheng Quan Zhi Xing·2025-07-10 16:21Core Viewpoint - The legal opinion letter from Han Kun Law Offices confirms that Luxshare Precision Industry Co., Ltd. has complied with relevant laws and regulations regarding the issuance and potential buyback of its convertible bonds, ensuring that bondholders have the right to sell their bonds back to the company under specified conditions [1][5]. Group 1: Legal Framework and Compliance - The law firm has been commissioned by Luxshare Precision to provide legal opinions based on the Company Law, Securities Law, and relevant regulations from the China Securities Regulatory Commission and Shenzhen Stock Exchange [1][2]. - The law firm has verified that Luxshare Precision provided necessary and accurate documentation for the issuance of convertible bonds, ensuring compliance with legal standards [2][3]. Group 2: Convertible Bond Issuance Details - Luxshare Precision has received approval from the China Securities Regulatory Commission to publicly issue convertible bonds totaling 3 billion yuan, with a maturity of 6 years [5]. - The company has issued 30 million convertible bonds, which were listed in December 2020 [5]. Group 3: Buyback Conditions - The convertible bondholders have the right to sell their bonds back to the company if the stock price falls below 70% of the conversion price for 30 consecutive trading days during the last two interest payment years [5][6]. - The buyback right is conditional and can only be exercised once per year if the conditions are met, and bondholders must act within the specified buyback period [5][6].