TYN(SZ:000591) Zheng Quan Zhi Xing·2025-07-11 11:19Core Viewpoint - The company, China Energy Conservation Solar Co., Ltd., plans to repurchase part of its shares to enhance investor confidence and reduce registered capital, following the issuance of its convertible bonds totaling 2.95 billion yuan [1][4]. Group 1: Bond Issuance and Repurchase Plan - The company issued convertible bonds with a total face value of 2.95 billion yuan in 2025 [1]. - The repurchase of shares will lead to a capital reduction that is less than 10% of the company's latest audited net assets at the time of bond issuance [1]. - The bondholders' meeting will be held from July 7 to July 11, 2025, to discuss the share repurchase proposal [3]. Group 2: Meeting Details - The bondholders' meeting is organized by Huatai United Securities and will be conducted online [3]. - The voting period for the meeting is from July 7 to July 11, 2025, with a registration date of July 4, 2025 [3]. - The meeting will review the proposal for the repurchase of company shares, which has already been approved by the company's board and annual shareholders' meeting [2][4]. Group 3: Voting Results and Legal Compliance - The proposal for the share repurchase was approved unanimously by the bondholders, with 100% in favor and no opposition or abstentions [4]. - The meeting was witnessed by Beijing DeHeng Law Firm, confirming that all procedures and voting results comply with relevant laws and regulations [4].