温州宏丰: 关于提前赎回“宏丰转债”的第一次提示性公告

Core Viewpoint - Wenzhou Hongfeng Electric Alloy Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for 15 trading days, leading to a decision to redeem the bonds at a price of 100.92 yuan per bond [2][6][7]. Group 1: Convertible Bond Redemption - The company will redeem the "Hongfeng Convertible Bonds" at a price of 100.92 yuan per bond, which includes accrued interest [7][8]. - The redemption is based on the stock price being at least 6.96 yuan per share (130% of the conversion price of 5.35 yuan) for 15 trading days from July 8 to July 31, 2025 [2][6]. - The redemption process will be completed by September 5, 2025, with the bonds being delisted from the Shenzhen Stock Exchange [8][9]. Group 2: Convertible Bond Issuance and Terms - The "Hongfeng Convertible Bonds" were issued with a total fundraising amount of 321.26 million yuan, netting 315.06 million yuan after expenses [2][3]. - The initial conversion price was set at 6.92 yuan per share, later adjusted to 5.39 yuan per share due to conditions met for downward price adjustment [3][4][5]. - The bonds were listed on the Shenzhen Stock Exchange on April 8, 2022, and the conversion period lasts from March 21, 2022, to March 14, 2028 [3][4].