Core Viewpoint - The company announces that its convertible bond "BaiDian Convertible Bond" is expected to meet the redemption conditions based on the stock price performance from July 8 to July 22, 2025, indicating a potential redemption of the bond if certain price thresholds are maintained [1][6]. Summary by Sections Convertible Bond Issuance Overview - The company issued a total of 880 million yuan in convertible bonds, with a term of 6 years from November 15, 2019, to November 14, 2025 [1][2]. - The initial conversion price was set at 8.99 yuan per share [2]. Convertible Bond Trading and Price Adjustments - The convertible bonds were listed on the Shanghai Stock Exchange on December 11, 2019, under the code "113549" [1]. - The conversion price has been adjusted multiple times, with the latest adjustment reducing it from 8.92 yuan to 7.73 yuan per share [4]. Conditional Redemption Terms and Expected Trigger - The company has outlined conditional redemption terms, allowing for redemption if the stock price remains above 130% of the conversion price for a specified number of trading days [5]. - As of the announcement, the stock price has been above the required threshold for 10 trading days, and if it continues to meet the criteria, the company may redeem the bonds [6].
白云电器: 白云电器关于“白电转债”预计满足赎回条件的提示性公告