泰坦股份: 关于不提前赎回泰坦转债的公告

Core Viewpoint - Titan Co., Ltd. has decided not to exercise the early redemption rights for its convertible bonds, "Titan Convertible Bonds," despite triggering the conditional redemption clause due to stock prices exceeding 130% of the conversion price for 15 trading days [1][5][6]. Group 1: Convertible Bond Basic Information - The total amount of "Titan Convertible Bonds" issued is 295.5 million yuan, with a term of 6 years from the issuance date [1][2]. - The initial conversion price was set at 13.81 yuan per share, which has been adjusted to 13.27 yuan per share due to equity distribution plans [2][3]. Group 2: Conditional Redemption Clause - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for 15 trading days [5][6]. - The stock price reached 17.25 yuan per share, triggering the redemption clause from July 21, 2025, to August 8, 2025 [5][6]. Group 3: Decision on Early Redemption - The board of directors decided to not exercise the early redemption rights for the next 6 months, from August 9, 2025, to February 8, 2026, to protect investor interests [6][7]. - Future decisions regarding the redemption will be made if the bonds trigger the redemption clause again after February 8, 2026 [6][7]. Group 4: Shareholder Transactions - There have been no transactions of "Titan Convertible Bonds" by major shareholders, including the actual controller and board members, in the 6 months leading up to the redemption condition [6][7].