楚江新材: 关于“楚江转债”即将停止转股暨赎回前最后半个交易日的重要提示性公告

Core Points - The company announces the upcoming cessation of conversion for "Chuangjiang Convertible Bonds" and urges investors to convert their bonds before the deadline [1][2] - The board of directors has decided to exercise the early redemption rights for "Chuangjiang Convertible Bonds" based on current market conditions [2][6] - The bonds were issued on June 4, 2020, with a total amount of 1.83 billion yuan and a maturity period of six years [2][3] Summary by Sections Important Announcement - "Chuangjiang Convertible Bonds" will stop trading on August 11, 2025, and conversion will cease after the market closes on August 13, 2025 [1][8] - Investors are advised to read the announcement carefully and understand the risks associated with the final conversion period [1][2] Bond Details - The initial conversion price was set at 8.73 yuan per share, which has been adjusted to 6.10 yuan per share [3][5] - The bond has a coupon rate of 2.00%, and the redemption price will be based on the approved price by the China Securities Depository and Clearing Corporation [1][7] Redemption Conditions - The company will redeem the bonds if the stock price has been at least 130% of the conversion price for 15 trading days within a 30-day period [6][7] - The redemption price is calculated to be 100.389 yuan per bond, including interest [7][8] Redemption Process - The redemption date is set for August 14, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange after the redemption [8][9] - Holders must apply for conversion through their respective securities companies, and the minimum conversion unit is one bond [9][10]