TRUCHUM(SZ:002171) Zheng Quan Zhi Xing·2025-07-22 16:27Summary of Key Points Core Viewpoint - The company, Anhui Chuangjiang Technology New Materials Co., Ltd., has decided to exercise its right for early redemption of the "Chuangjiang Convertible Bonds" based on current market conditions and its own situation [8]. Group 1: Convertible Bond Issuance Overview - The "Chuangjiang Convertible Bonds" were approved by the China Securities Regulatory Commission and issued on June 4, 2020, with a total of 18.3 million bonds at a face value of 100 yuan each, amounting to a total issuance of 1.83 billion yuan [1]. - The initial conversion price was set at 8.73 yuan per share, which has been adjusted multiple times due to equity distribution plans [2][3]. Group 2: Redemption Conditions and Procedures - The bonds can be redeemed if the closing price is at least 130% of the current conversion price, which is 6.10 yuan per share [4]. - The redemption price is calculated to be 100.389 yuan per bond, including accrued interest [5]. - The redemption date is set for August 14, 2025, with funds to be transferred to bondholders' accounts on August 21, 2025 [6]. Group 3: Compliance and Approval - The board of directors has approved the early redemption of the bonds, following necessary procedures and compliance with relevant regulations [8]. - The sponsor institution has confirmed that the redemption process adheres to the applicable laws and the terms outlined in the offering prospectus [8].