Xingqiu Graphite(SH:688633) Shang Hai Zheng Quan Bao·2025-08-07 19:58Core Viewpoint - The company announces the third reminder regarding the optional redemption of its convertible bonds, "星球转债," allowing bondholders to sell their bonds back to the company at a specified price during a designated period [1][2]. Redemption Terms - Redemption Price: 100.02 RMB per bond (including current interest) [2][9] - Redemption Period: From August 6, 2025, to August 12, 2025 [4][9] - Payment Date for Redemption Funds: August 15, 2025 [4][9] - During the redemption period, the "星球转债" will stop conversion into shares [4][11]. Interest Payment Details - The company has paid interest for the period from July 31, 2024, to July 30, 2025, at a rate of 0.40%, resulting in an interest amount of 0.40 RMB per bond [5]. - The interest for the third year (July 31, 2025, to July 30, 2026) is set at 1.00%, with an estimated interest of approximately 0.02 RMB per bond for the redemption period [5]. Redemption Process - Bondholders can choose to redeem part or all of their unconverted bonds, and the redemption is not mandatory [6]. - The redemption application must be submitted through the Shanghai Stock Exchange trading system during the specified period [7][9]. Trading During Redemption - "星球转债" will continue to trade during the redemption period but will not allow conversion into shares [11]. - If the total face value of the convertible bonds in circulation falls below 30 million RMB due to redemptions, trading will continue until the end of the redemption period, after which the company will issue a relevant announcement [11].