明阳电路: 关于提前赎回“明电转债”的第二次提示性公告

Core Viewpoint - Shenzhen Mingyang Circuit Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to the decision to redeem the bonds at a price of 101.83 yuan per bond [2][10][11]. Group 1: Bond Redemption Details - The company has announced the early redemption of "Mingdian Convertible Bonds" after the stock price met the condition of being at least 130% of the conversion price for 15 out of 30 trading days [2][10]. - The total issuance of the convertible bonds was 673 million yuan, with a face value of 100 yuan per bond [2][3]. - The redemption price is set at 101.83 yuan per bond, which includes accrued interest calculated based on a 2.50% annual interest rate [10][11]. Group 2: Conversion and Adjustment Information - The initial conversion price was set at 24.23 yuan per share, which has been adjusted multiple times, with the latest adjustment bringing it down to 11.91 yuan per share [3][6][7][9]. - The conversion period for the bonds is from June 21, 2021, to December 14, 2026 [3]. - The company has emphasized the importance of bondholders converting their bonds before the redemption date to avoid potential losses [1][2]. Group 3: Redemption Process and Timeline - The redemption will be executed on September 8, 2025, with funds expected to reach bondholders' accounts by September 15, 2025 [11][12]. - The bonds will be delisted from the Shenzhen Stock Exchange following the completion of the redemption process [11][12]. - Bondholders are advised to consult their brokerage firms for the conversion process and related inquiries [12].