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山东联诚精密制造股份有限公司关于“联诚转债”赎回实施的第五次提示性公告

Summary of Key Points Core Viewpoint - The company, Shandong Liancheng Precision Manufacturing Co., Ltd., has announced the implementation of the redemption of its convertible bonds, "Liancheng Convertible Bonds," due to the triggering of conditional redemption clauses based on stock price performance. Redemption Overview - The redemption price for "Liancheng Convertible Bonds" is set at 100.22 CNY per bond, including interest and tax, with a current annual interest rate of 2.50% [2][8]. - The conditional redemption clause was triggered as the stock price closed at or above 130% of the conversion price (15.07 CNY) for 15 trading days from June 25, 2025, to July 25, 2025 [5][7]. - The board of directors approved the early redemption of all outstanding "Liancheng Convertible Bonds" on July 25, 2025 [5]. Redemption Schedule - The redemption registration date is August 15, 2025, with the redemption date set for August 18, 2025 [6]. - Trading of "Liancheng Convertible Bonds" will cease on August 13, 2025, and conversion rights will be suspended on August 18, 2025 [6][12]. - The funds from the redemption will be credited to investors' accounts by August 25, 2025 [6][12]. Redemption Conditions - The redemption applies to all bondholders registered with the China Securities Depository and Clearing Corporation by the registration date [9]. - The company will disclose redemption announcements on each trading day leading up to the redemption date [11]. Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of approximately 100.176 CNY per bond after tax [13]. - Qualified foreign institutional investors are exempt from corporate income tax on interest income from these bonds until December 31, 2025 [14]. Additional Information - The company has confirmed that there were no transactions of "Liancheng Convertible Bonds" by major shareholders and executives in the six months leading up to the redemption condition [12].