明阳电路: 关于提前赎回“明电转债”的第十二次提示性公告

Core Viewpoint - Shenzhen Mingyang Circuit Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to the decision to redeem the bonds early [2][10]. Group 1: Convertible Bond Redemption - The company has decided to exercise its right to redeem the "Mingdian Convertible Bonds" at a price of 101.83 CNY per bond, following the approval from the board of directors [2][10]. - The redemption price includes the principal and accrued interest, calculated based on a 2.50% annual interest rate [10][11]. - The redemption will take place on September 8, 2025, with the bonds being delisted from the Shenzhen Stock Exchange after the redemption [11][12]. Group 2: Conditions for Redemption - The redemption clause was triggered as the company's stock price was above 130% of the bond's conversion price for at least 15 trading days within a 30-day period [2][10]. - The bond's conversion price has been adjusted multiple times, with the latest adjustment setting it at 11.89 CNY per share [7][9]. Group 3: Bond Issuance and Market Information - The "Mingdian Convertible Bonds" were issued in 2020, with a total issuance amount of 673 million CNY, and were listed on the Shenzhen Stock Exchange in January 2021 [2][3]. - The bonds have a conversion period from June 21, 2021, to December 14, 2026, allowing bondholders to convert their bonds into shares at specified prices [3][4].