天创时尚股份有限公司 关于“天创转债”可回售的第九次提示性公告

Core Points - The company announces the right of "Tianchuang Convertible Bonds" holders to choose whether to sell back their bonds, which is not mandatory [1] - If bondholders do not declare and implement the sell-back during the specified period, they will lose the right to sell back for the interest year from June 24, 2025, to June 23, 2026 [1] - The current closing price of "Tianchuang Convertible Bonds" is higher than the sell-back price, indicating potential losses for bondholders who choose to sell back [1] Summary of Relevant Sections Sell-Back Terms and Price - Bondholders have the right to sell back their bonds at face value plus accrued interest if the stock price falls below 70% of the conversion price for any 30 consecutive trading days [2] - The sell-back price is set at 100.27 RMB per bond, including accrued interest and tax [4][10] - The sell-back period is from August 12, 2025, to August 18, 2025, with funds to be disbursed on August 21, 2025 [4][11] Accrued Interest Calculation - The accrued interest for the bonds is calculated using the formula: IA = B × i × t / 365, where B is the total face value, i is the annual coupon rate, and t is the number of days [5] - For the sixth year, with a coupon rate of 2% and 49 days of interest, the accrued interest amounts to approximately 0.27 RMB per bond [6] Sell-Back Procedures - Bondholders can sell back part or all of their unconverted bonds during the sell-back period [7] - The sell-back must be declared through the Shanghai Stock Exchange trading system and cannot be revoked once confirmed [7][8] - If a sell-back results in the total face value of convertible bonds being less than 30 million RMB, the bonds will continue to trade [12]