Group 1 - The company decided not to exercise the early redemption rights for the "Dongfeng Convertible Bonds" as the stock price has met the conditions for redemption [2][8][16] - The stock price of the company has been above 130% of the current conversion price (4.03 CNY/share) for fifteen trading days from July 31, 2025, to August 20, 2025, triggering the conditional redemption clause [2][15] - The board meeting held on August 20, 2025, approved the resolution with unanimous support from all attending directors [3][5] Group 2 - The company adjusted the maximum repurchase price for its shares from 3.93 CNY/share to 6.28 CNY/share while maintaining other aspects of the repurchase plan [20][23] - The total amount allocated for share repurchase is between 50 million CNY and 100 million CNY, with the repurchased shares intended for cancellation to reduce registered capital [21][22] - As of August 20, 2025, the company has repurchased 7,680,704 shares, accounting for approximately 0.41% of the total share capital, with a total expenditure of 26,644,705.16 CNY [22][24]
广东东峰新材料集团股份有限公司第六届董事会第三次会议决议公告