明阳电路: 关于不提前赎回“明电转02”的公告

Core Viewpoint - The company has decided not to exercise the early redemption rights for the "Mingdian Convertible Bond 02" due to the current market conditions and to protect investor interests, despite triggering the conditional redemption clause [1][2][6]. Group 1: Basic Information about "Mingdian Convertible Bond 02" - The total issuance amount of "Mingdian Convertible Bond 02" is 448.5 million yuan, with a face value of 100 yuan per bond [2][3]. - The bond was listed on the Shenzhen Stock Exchange on July 19, 2023, under the code "123203" [2]. - The conversion period for the bond is from January 8, 2024, to July 2, 2029, with an initial conversion price set at 14.75 yuan per share [3]. Group 2: Conditional Redemption Clause - The conditional redemption clause is triggered if the company's stock price remains above 130% of the conversion price (15.314 yuan) for at least 15 out of 30 consecutive trading days [1][6]. - The company’s stock price met this condition from July 8, 2025, to July 30, 2025, thus triggering the redemption clause [6]. Group 3: Decision on Early Redemption - The board of directors held a meeting on July 30, 2025, and decided not to exercise the early redemption rights for the bond, considering the short conversion period and current market conditions [2][6]. - The company will reassess the situation after October 30, 2025, if the redemption clause is triggered again [2][6]. Group 4: Shareholder and Management Transactions - There have been no transactions of "Mingdian Convertible Bond 02" by major shareholders or management in the six months prior to the redemption condition being met, nor are there plans for future reductions in holdings [7][8]. Group 5: Compliance and Verification - The decision not to redeem the bond early has been reviewed and approved by the board, complying with relevant regulations and the offering prospectus [5][9].