Zheng Quan Zhi Xing·2025-07-30 16:25Core Points - The company announced the seventh notice regarding the conditional repurchase of its convertible bonds, "长汽转债" [1] - The repurchase price is set at 100.20 RMB per bond, including accrued interest and tax [1][4] - The repurchase period is from July 29, 2025, to August 4, 2025, with funds to be disbursed on August 7, 2025 [1][4] - During the repurchase period, the "长汽转债" will stop converting into shares [1][4] - The repurchase is not mandatory, and bondholders must declare their intention to sell within the specified period [1][4] Repurchase Terms - The conditional repurchase clause is activated when the company's A-share stock price is below 70% of the current conversion price for thirty consecutive trading days [2] - Bondholders can sell all or part of their convertible bonds at face value plus accrued interest if the conditions are met [2][3] - The accrued interest for the current period is calculated to be approximately 0.20 RMB per bond, leading to a total repurchase price of 100.20 RMB [4] Repurchase Process - Bondholders must submit their repurchase requests through the Shanghai Stock Exchange trading system during the designated period [4][5] - If a submission fails on the first day, bondholders can continue to submit requests on subsequent days within the repurchase period [5] - The company will announce the results of the repurchase and its impact after the repurchase period ends [5]