Longhua Technology(SZ:300263) Zheng Quan Zhi Xing·2025-08-08 16:24Core Viewpoint - The law firm provides a legal opinion regarding the early redemption of convertible bonds by Longhua Technology Group (Luoyang) Co., Ltd, confirming that the redemption meets the necessary legal and regulatory requirements [1][11]. Group 1: Redemption Conditions - The company can redeem the convertible bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days or if the remaining balance of the bonds is less than 30 million yuan [5][8]. - The initial conversion price was adjusted to 7.73 yuan per share in May 2022, 7.72 yuan in May 2023, and is set to be 6.15 yuan in September 2024 [8][9]. Group 2: Issuance and Approval - The company received approval from the China Securities Regulatory Commission (CSRC) for the issuance of convertible bonds, with the registration valid for 12 months from the date of approval [4][5]. - The company issued 7,989,283 convertible bonds, which were listed on the Shenzhen Stock Exchange on July 30, 2021, with a maturity date of July 29, 2027 [4][5]. Group 3: Decision-Making and Disclosure - The company has fulfilled the necessary decision-making procedures and disclosure obligations regarding the redemption, as required by the relevant regulations [9][10]. - The company must continue to comply with information disclosure obligations as stipulated in the management regulations and self-regulatory guidelines [11].