豫光金铅: 河南豫光金铅股份有限公司关于可转债预计满足赎回条件的提示性公告

Core Points - The company has announced that its convertible bonds, referred to as "豫光转债," are expected to meet the redemption conditions [1] - The initial conversion price for the bonds is set at 6.17 CNY per share, which will be adjusted to 5.95 CNY per share starting from July 11, 2025 [1][3] - The company’s stock has maintained a closing price above 130% of the current conversion price for 10 trading days from July 3 to July 18, 2025, indicating a potential trigger for the conditional redemption of the bonds [1][5] Convertible Bond Issuance Overview - The company issued 7.1 million convertible bonds at a total value of 710 million CNY, with a maturity period of 6 years from August 12, 2024, to August 11, 2030 [2] - The coupon rates for the bonds are structured to increase over the years, starting from 0.10% in the first year to 2.00% in the sixth year [2] Conditional Redemption Terms - The company has the right to redeem the bonds if either of the following conditions is met: (1) the stock price remains above 130% of the conversion price for at least 15 out of 30 trading days, or (2) the remaining balance of unconverted bonds is less than 30 million CNY [3] - The calculation for accrued interest upon redemption is specified, taking into account the bondholder's total face value, the applicable coupon rate, and the number of days since the last interest payment [3] Expected Trigger for Redemption - The stock price must remain above 7.74 CNY (130% of the adjusted conversion price of 5.95 CNY) for at least 5 out of 18 trading days to trigger the redemption [5] - The company will convene a board meeting on the triggering day to decide on the redemption of the bonds and will fulfill its information disclosure obligations [5]