天创时尚股份有限公司关于“天创转债”可回售的第一次提示性公告

Core Viewpoint - The company announces the first notice regarding the repurchase of "Tian Chuang Convertible Bonds" (天创转债), allowing bondholders the option to sell their bonds back to the company at a specified price during a designated period [1][2]. Summary by Relevant Sections Repurchase Terms and Price - The repurchase price is set at 100.27 RMB per bond, which includes accrued interest and tax [2][5]. - Bondholders have the right to choose whether to execute the repurchase, making it non-mandatory [2][6]. - If bondholders do not declare and implement the repurchase during the specified period, they will lose the right to repurchase for the next interest year [2][3]. Conditions for Repurchase - The repurchase clause becomes effective if the company's stock price remains below 70% of the bond's conversion price (12.29 RMB per share) for 30 consecutive trading days from June 24, 2025, to August 4, 2025 [2][3]. - The repurchase period is from August 12, 2025, to August 18, 2025, with funds being disbursed on August 21, 2025 [3][9]. Interest Calculation - The interest for the current period is calculated based on a 2% annual rate for 49 days, resulting in approximately 0.27 RMB per bond, leading to the total repurchase price of 100.27 RMB [5][4]. Repurchase Process - Bondholders must submit their repurchase requests through the Shanghai Stock Exchange trading system during the designated period [7][8]. - The bonds will continue to trade during the repurchase period, but conversion rights will be suspended [10]. Additional Information - If the total face value of the bonds repurchased falls below 30 million RMB, the bonds will still continue to trade until the end of the repurchase period [10]. - The company will announce the results of the repurchase and its impact after the repurchase period concludes [9].