Summary of Key Points Core Viewpoint - Wuhan Huakang Century Clean Technology Co., Ltd. has issued convertible bonds and outlined the conditions for their redemption and conversion, emphasizing the importance of monitoring stock prices and related announcements for investors [1][2][3]. Convertible Bond Basic Information - The company issued 7.5 million convertible bonds with a face value of 100 RMB each, raising a total of 750 million RMB, with a net amount of approximately 743.82 million RMB after deducting issuance costs [1][2]. - The bonds were listed on the Shenzhen Stock Exchange on January 9, 2025, under the name "Huayi Convertible Bonds" and code "123251" [1][2]. Conversion Period and Price Adjustment - The conversion period for the bonds is from June 27, 2025, until the maturity date, which is six months after the issuance [2]. - The conversion price has been adjusted from 22.48 RMB to 22.43 RMB per share, effective from May 29, 2025 [2]. Redemption Terms - The company can redeem the bonds at 115% of the face value plus the last interest payment within five trading days after the bond's maturity [2][3]. - The company has the right to redeem all or part of the bonds if the stock price reaches 130% of the conversion price (29.1590 RMB) for at least 15 out of 30 consecutive trading days [1][3]. Potential Trigger for Redemption - From July 30, 2025, to August 12, 2025, if the stock price remains above the specified threshold, it may trigger the conditional redemption of the convertible bonds [3]. Other Relevant Information - The company will convene a board meeting to decide on exercising the redemption right if the conditions are met and will fulfill its disclosure obligations accordingly [3].
华康洁净: 关于预计触发可转换公司债券赎回条件的提示性公告