Zheng Quan Zhi Xing·2025-07-31 16:26Core Points - The company announced the eighth 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 bond's conversion price for 30 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] - The repurchase will not affect the trading of "长汽转债," but conversion into shares will be halted [5] - If the total face value of the bonds in circulation falls below 30 million RMB due to the repurchase, trading will continue until the end of the repurchase period [5]