天创时尚: 关于“天创转债”可回售的第五次提示性公告

Summary of Key Points Core Viewpoint - The company announces the terms for the repurchase of its convertible bonds, allowing bondholders to sell their bonds back to the company at a specified price during a designated period, contingent on certain conditions being met [1][2][5]. Group 1: Repurchase Terms - The repurchase price is set at 100.27 RMB per bond, which includes accrued interest and tax [1][5]. - The repurchase period is from August 12, 2025, to August 18, 2025, with funds to be disbursed on August 21, 2025 [1][5]. - During the repurchase period, the convertible bonds will stop being convertible into shares [1][5]. Group 2: Conditions for Repurchase - Bondholders have the right to choose whether to exercise the repurchase option, which is not mandatory [1][2]. - The repurchase option is triggered if the company's stock price falls below 70% of the conversion price for any 30 consecutive trading days during the last two interest periods of the bonds [2][3]. Group 3: Interest Calculation - The interest for the current period is calculated based on a formula that considers the total face value of the bonds held, the annual coupon rate of 2%, and the number of days in the interest period [3][4]. - For the current interest period, the number of days is 49, leading to a specific accrued interest amount [5]. Group 4: Repurchase Process - Bondholders must submit their repurchase requests through the Shanghai Stock Exchange trading system during the specified period [5][6]. - If a bondholder fails to submit a repurchase request during the designated period, they will lose the right to do so for that interest year [3][5]. Group 5: Trading During Repurchase Period - The convertible bonds will continue to trade during the repurchase period, but conversion into shares will be halted [6]. - If the total face value of the bonds in circulation falls below 30 million RMB due to repurchases, trading will continue until the end of the repurchase period [6].