Core Viewpoint - The company has decided to exercise its right to redeem the "Emergency Convertible Bonds" early due to the stock price meeting the conditions for conditional redemption as specified in the offering prospectus [2][6]. Group 1: Bond Redemption Announcement - The company will redeem the "Emergency Convertible Bonds" at a price of 100.77 yuan per bond, which includes accrued interest [6][7]. - The redemption will take place on August 28, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange after the redemption is completed [6][7]. - Bondholders are advised to convert their bonds into shares before the redemption date to avoid potential losses [1][6]. Group 2: Bond Issuance Details - The company issued 8,189,312 convertible bonds on April 10, 2020, with a total value of 818.93 million yuan and a maturity period of six years [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on May 11, 2020, under the code "123048" [3]. Group 3: Conversion and Redemption Conditions - The conversion period for the bonds started on October 16, 2020, and will end on April 9, 2026 [3]. - The conversion price was adjusted to 7.06 yuan per share, effective from May 16, 2024, based on the company's annual general meeting resolutions [5][4]. - The conditional redemption clause was triggered as the stock price was above 130% of the conversion price for at least 15 trading days within a 30-day period [2][6]. Group 4: Redemption Process - The redemption will be executed for all bondholders registered with China Securities Depository and Clearing Corporation Limited by the close of business on August 27, 2025 [7][8]. - The redemption amount will be credited to the bondholders' accounts on September 4, 2025 [7][8].
中船应急: 关于提前赎回应急转债的第四次提示性公告