Leadyo(SH:688135) Shang Hai Zheng Quan Bao·2025-08-06 18:55Group 1 - The board of directors of Guangdong Liyang Chip Testing Co., Ltd. held its tenth meeting on August 6, 2025, and unanimously agreed to waive the notice period for the meeting [2] - The meeting was legally convened with all nine directors present, ensuring compliance with relevant laws and regulations [2][4] Group 2 - The board approved the proposal not to redeem the "Liyang Convertible Bonds" early, despite the bonds triggering conditional redemption terms due to stock price performance [3][8] - The stock price met the condition of being at least 130% of the current conversion price (16.12 CNY) for 15 out of 30 trading days, equating to a price of 20.956 CNY [15] - The company will not exercise the early redemption right for the next six months, from August 7, 2025, to February 6, 2026, even if the redemption conditions are triggered again [3][16] Group 3 - The "Liyang Convertible Bonds" were issued with a total of 5.2 million bonds, each with a face value of 100 CNY, raising a total of 520 million CNY [9] - The initial conversion price was set at 16.13 CNY per share, which was adjusted to 16.12 CNY following an increase in the company's total shares [10][11] - The bonds are set to mature on July 1, 2030, with a redemption price of 115% of the face value at maturity [13]