楚江新材: 关于提前赎回“楚江转债”的公告

Core Viewpoint - The company has decided to exercise its right for early redemption of the "Chuangjiang Convertible Bonds" due to favorable market conditions and the company's current situation, with a redemption date set for August 14, 2025 [2][10]. Group 1: Convertible Bond Overview - The company issued 18.30 billion yuan worth of convertible bonds on June 4, 2020, with a maturity of six years [2]. - The initial conversion price was set at 8.73 yuan per share, which has been adjusted multiple times, with the latest adjustment bringing it down to 6.10 yuan per share [3][6]. Group 2: Redemption Conditions - The early redemption was triggered as the company's stock price closed at or above 130% of the conversion price (7.93 yuan) for 15 trading days within a 30-day period [7]. - The redemption price is set at 100.389 yuan per bond, which includes accrued interest [8][9]. Group 3: Redemption Process - The bonds will stop trading on August 11, 2025, with the redemption registration date on August 13, 2025 [10]. - The redemption will be executed through the bond custodial brokers, and the funds will be directly transferred to the bondholders' accounts [10]. Group 4: Shareholder Transactions - There have been no transactions of the "Chuangjiang Convertible Bonds" by major shareholders or executives in the six months leading up to the redemption conditions being met [10]. Group 5: Conversion Procedures - Bondholders must apply for conversion through the securities company that holds their bonds, with a minimum conversion unit of one bond [11]. - Any fractional bonds that cannot be converted into whole shares will be paid in cash along with accrued interest [11].