Core Viewpoint - Ningbo Bohui Chemical Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to the decision to redeem the bonds early [2][6]. Group 1: Convertible Bond Redemption - The company announced that the "Bohui Convertible Bonds" will be redeemed at a price of 100.02 yuan per bond, with the redemption process set to complete by August 19, 2025 [7][8]. - The redemption was triggered as the company's stock price met the condition of being at least 130% of the conversion price for 15 out of 30 consecutive trading days [2][6]. - The bonds will be delisted from the Shenzhen Stock Exchange following the completion of the redemption [8]. Group 2: Convertible Bond Issuance and Terms - The company issued 3.97 million convertible bonds on August 16, 2022, with a total issuance amount of 397 million yuan, and the bonds were listed on September 2, 2022 [2][3]. - The conversion period for the bonds is from February 22, 2023, to August 15, 2028, with the conversion price adjusted from 15.05 yuan to 10.69 yuan per share as of May 19, 2023 [3][5]. - The conditional redemption clause allows the company to redeem the bonds if the stock price conditions are met or if the remaining unconverted bonds are less than 30 million yuan [6].
博汇股份: 关于提前赎回博汇转债的第十一次提示性公告