HMT(SH:603306) Shang Hai Zheng Quan Bao·2025-08-05 18:10Core Viewpoint - Huamao (Xiamen) New Materials Technology Co., Ltd. has announced that its convertible bonds, "Huamao Convertible Bonds," are expected to meet the redemption conditions based on stock performance [2][7]. Group 1: Convertible Bond Issuance and Trading - The company issued 10.5 million convertible bonds with a total amount of 1.05 billion yuan, approved by the China Securities Regulatory Commission, and these bonds began trading on October 12, 2023 [3]. - The initial conversion price was set at 34.18 yuan per share, which has been adjusted multiple times, currently standing at 33.76 yuan per share as of June 23, 2025 [4][5]. Group 2: Redemption Conditions - The bonds may be redeemed if the company's stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days [6][7]. - As of July 17, 2025, the stock price has already met the condition for 10 trading days, indicating a potential for triggering the redemption clause [2][7]. Group 3: Future Actions - If the redemption conditions are met, the company will convene a board meeting to decide on redeeming all or part of the unconverted bonds at face value plus accrued interest [6][7].