Group 1 - The company, Zhejiang Titan Co., Ltd., has issued 2.955 million convertible bonds with a total value of 295.5 million yuan, approved by the China Securities Regulatory Commission [4] - The bonds will be listed on the Shenzhen Stock Exchange starting from November 15, 2023, under the name "Titan Convertible Bonds" and code "127096" [4] - The initial conversion price of the bonds was set at 13.81 yuan per share, which has been adjusted to 13.27 yuan per share [5][6] Group 2 - The conversion period for the bonds is from May 6, 2024, to October 24, 2029 [5] - The company has a conditional redemption clause for the bonds, which can be triggered if the stock price meets certain conditions [7][8] - If the stock price remains above 17.25 yuan per share (130% of the conversion price) for at least 15 out of 30 consecutive trading days, the company may decide to redeem the bonds [8] Group 3 - Investors are encouraged to review the relevant regulations regarding convertible bonds and stay updated with the company's announcements [3][9] - Additional details about the bonds can be found in the company's prospectus published on October 23, 2023 [9]
浙江泰坦股份有限公司关于“泰坦转债”可能满足赎回条件的提示性公告