Topscore Fashion(SH:603608) Shang Hai Zheng Quan Bao·2025-08-15 19:11Core Viewpoint - The company announces the ninth notice regarding the repurchase of "Tian Chuang Convertible Bonds," allowing bondholders to choose whether to sell their bonds back to the company at a specified price, contingent on certain conditions being met [1][2]. Summary by Sections Repurchase Terms and Price - The repurchase price is set at 100.27 CNY per bond, which includes accrued interest and tax [2][5]. - Bondholders have the right to choose whether to execute the repurchase, and it is not mandatory [6]. - If bondholders do not declare and implement the repurchase during the specified period, they will lose the right to repurchase for the next interest year [2][3]. Conditions for Repurchase - The repurchase clause becomes effective if the company's stock price remains below 70% of the conversion price (12.29 CNY per share) for 30 consecutive trading days from June 24, 2025, to August 4, 2025 [2][3]. - The repurchase period is from August 12, 2025, to August 18, 2025, with funds to be disbursed on August 21, 2025 [3][9]. Interest Calculation - The interest for the current period is calculated based on a 2% coupon rate for 49 days, resulting in approximately 0.27 CNY per bond, leading to the total repurchase price of 100.27 CNY [5][4]. Repurchase Process - Bondholders must submit their repurchase requests through the Shanghai Stock Exchange trading system during the designated period [7][8]. - The bonds will continue to trade during the repurchase period, but conversion rights will be suspended [10]. Company Contact Information - For further inquiries, bondholders can contact the company's secretariat office via phone or email [12].