DOJJ(SZ:002798) Shang Hai Zheng Quan Bao·2025-08-13 19:02Core Viewpoint - The company announced the first notice regarding the repurchase of "Dio Convertible Bonds" (code: 127047), allowing bondholders to sell their bonds back to the company at a price of 101.284 CNY per bond, including accrued interest and tax [1][2]. Summary by Sections Repurchase Terms Overview - The repurchase clause was activated due to the company's decision to change the use of raised funds, which was approved in meetings held on August 8, 2025 [2][3]. - The company will use 476.5843 million CNY of the remaining raised funds for permanent working capital, deviating from the original project commitments [2][3]. Additional Repurchase Clause - Bondholders are entitled to sell back all or part of their convertible bonds if there is a significant change in the implementation of the fundraising projects compared to the commitments made in the prospectus [4]. - The repurchase price is set at the face value plus accrued interest, which is calculated based on the bond's interest rate and the number of days since the last interest payment [5][6]. Repurchase Price Calculation - The accrued interest for the bonds is calculated as follows: IA = B × i × t / 365, where B is the total face value of the bonds, i is the annual interest rate of 1.60%, and t is the number of days from the last interest payment to the repurchase date [6][7]. - The total repurchase price for the bonds is 101.284 CNY per bond, which includes interest and tax [8]. Repurchase Rights - Bondholders have the right to choose whether to exercise the repurchase option, and this repurchase is not mandatory [9]. Repurchase Procedure and Payment Method - The repurchase application period is from August 14 to August 20, 2025, during which bondholders can submit their repurchase requests through the Shenzhen Stock Exchange [10]. - The company will process the repurchase payments on August 26, 2025, with funds reaching investors by August 27, 2025 [10][11]. Trading During Repurchase Period - "Dio Convertible Bonds" will continue to be traded during the repurchase period, but conversion to stocks will be suspended [11].