JINGXING PAPER(SZ:002067) Zheng Quan Zhi Xing·2025-08-05 16:20Group 1 - The company, Zhejiang Jingxing Paper Industry Co., Ltd., has issued a convertible bond with a total amount of 1.28 billion yuan, consisting of 12.8 million bonds at a face value of 100 yuan each [2][3] - The bond is listed on the Shenzhen Stock Exchange under the name "Jingxing Convertible Bond" with the code "128130" since September 18, 2020 [3] - The conversion period for the bonds is from March 4, 2021, to August 30, 2026, with an initial conversion price set at 3.39 yuan per share [2][4] Group 2 - As of July 21, 2025, the company's stock has closed at or above 130% of the conversion price (4.41 yuan) for 9 trading days, indicating a potential trigger for the conditional redemption clause of the convertible bond [5] - The company’s board has the authority to redeem all or part of the unconverted bonds at face value plus accrued interest if the stock price meets the specified conditions [3][5] - The interest calculation for the bonds is based on the formula: IA = B × i × t / 365, where IA is the accrued interest, B is the total face value of the bonds held, i is the annual coupon rate, and t is the number of days from the last interest payment to the redemption date [5]