浙江福莱新材料股份有限公司关于不提前赎回“福新转债”的公告

Core Viewpoint - Zhejiang Fulai New Materials Co., Ltd. has decided not to exercise the early redemption rights of its convertible bonds, "Fuxin Convertible Bonds," despite triggering the conditional redemption clause due to stock price performance [2][6]. Group 1: Convertible Bond Issuance and Terms - The company issued 4.29018 million convertible bonds on January 4, 2023, with a total amount of 429.018 million yuan and a maturity period of six years [3]. - The bond interest rates are set to increase over the years, starting from 0.40% in the first year to 3.00% in the sixth year [3]. - The initial conversion price was set at 14.02 yuan per share, which has been adjusted to 9.56 yuan per share [5]. Group 2: Redemption Conditions and Decisions - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days within a 30-day period [6]. - From July 16 to August 5, 2025, the stock price met the redemption condition, but the board decided not to redeem the bonds early [2][6]. - The company will not exercise the early redemption rights for the next three months, and any future decisions will be made after November 5, 2025 [2][6]. Group 3: Stakeholder Transactions and Compliance - There have been no transactions of "Fuxin Convertible Bonds" by major stakeholders, including the actual controller and senior management, in the six months prior to the redemption condition being met [8]. - The company has not received any plans for stakeholders to reduce their holdings in the bonds in the next six months [8]. Group 4: Sponsor's Review - The sponsor has confirmed that the decision not to redeem the bonds early was made following necessary procedures and complies with relevant regulations and the offering prospectus [9].