Core Points - The company announced the eighth notice regarding the "Tian Chuang Convertible Bond" repurchase rights, detailing the repurchase price and period [1][2] - The repurchase price is set at 100.27 RMB per bond, including accrued interest and tax [1][6] - The repurchase period is from August 12, 2025, to August 18, 2025, with funds to be disbursed on August 21, 2025 [1][12] - Holders of the "Tian Chuang Convertible Bond" have the option to choose whether to sell back their bonds, and this repurchase is not mandatory [1][7] Repurchase Terms - The repurchase clause is activated when the company's stock price falls below 70% of the bond's conversion price (12.29 RMB/share) for 30 consecutive trading days [2] - The accrued interest for the current period is calculated based on a 2% coupon rate and 49 days of interest, resulting in approximately 0.27 RMB per bond [6][5] - The total repurchase price is therefore 100.27 RMB per bond, which includes the accrued interest [6] Repurchase Process - Bondholders can sell back part or all of their unconverted bonds during the specified repurchase period [7] - The repurchase application must be submitted through the Shanghai Stock Exchange trading system, and once confirmed, cannot be revoked [8][9] - If the total face value of the bonds repurchased falls below 30 million RMB, the bonds will continue to trade until the end of the repurchase period [13]
天创时尚股份有限公司关于“天创转债”可回售的第八次提示性公告