LMC(SZ:002921) Shang Hai Zheng Quan Bao·2025-08-15 20:04Core Viewpoint - The company announces that the "Liancheng Convertible Bonds" will stop conversion and be redeemed, with the last trading day being August 13, 2025, and the redemption date set for August 18, 2025 [2][5][15]. Group 1: Redemption Details - The last conversion day for the "Liancheng Convertible Bonds" is August 15, 2025, after which unconverted bonds will be forcibly redeemed at a price of 100.22 CNY per bond [2][4]. - The redemption price includes interest and is calculated based on a 2.50% annual interest rate [4][11]. - The company has triggered the conditional redemption clause due to the stock price being above 130% of the conversion price for 15 trading days [7][8]. Group 2: Important Dates - The conditional redemption clause was triggered on July 25, 2025, and the redemption registration date is August 15, 2025 [5][7]. - The bonds will stop trading on August 13, 2025, and stop conversion on August 18, 2025 [15][20]. - The funds from the redemption will be credited to the bondholders' accounts by August 25, 2025 [15]. Group 3: Investor Guidance - Investors are advised to convert their bonds before the deadline to avoid losses from forced redemption [2][3]. - The company will provide daily announcements regarding the redemption process leading up to the redemption date [13].