楚江新材: 关于提前赎回“楚江转债”的第七次提示性公告

Core Viewpoint - The company has decided to exercise its right for early redemption of the "Chuangjiang Convertible Bonds" due to the stock price meeting the necessary conditions for redemption [2][7]. Group 1: Convertible Bond Overview - The company issued 18.30 billion yuan worth of convertible bonds on June 4, 2020, with a face value of 100 yuan per bond and a six-year term [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 redemption was triggered as the stock price was at least 130% of the conversion price (i.e., 6.10 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, and the actual redemption occurring on August 14, 2025 [10]. - All bondholders registered by the redemption date will receive the redemption amount directly into their accounts [10]. Group 4: Additional Information - The company has confirmed that major shareholders and executives did not trade the bonds in the six months leading up to the redemption conditions being met [10]. - Bondholders must apply for conversion through the securities company that holds their bonds, with a minimum conversion unit of one bond [11].