温州宏丰: 关于“宏丰转债”赎回实施暨即将停止交易的重要提示性公告

Core Viewpoint - Wenzhou Hongfeng Electric Alloy Co., Ltd. announced the redemption of its convertible bonds "Hongfeng Convertible Bonds" at a price of 100.92 CNY per bond, which will cease trading after August 25, 2025, and the conversion option will end after August 28, 2025 [1][2][3] Group 1: Redemption Details - The "Hongfeng Convertible Bonds" will be forcibly redeemed at a price of 100.92 CNY per bond, including tax, after the trading ceases [1][2] - Investors are advised to convert their bonds into stocks before the trading stops to avoid potential losses due to forced redemption [2][3] - The company triggered the conditional redemption clause as the stock price was above 130% of the conversion price for 15 trading days [2][8] Group 2: Bond Issuance and Trading - The company issued 3.2126 million convertible bonds on March 15, 2022, with a face value of 31,505.54 million CNY each, and they began trading on April 8, 2022 [3][4] - The initial conversion price was set at 6.92 CNY per share, which has been adjusted multiple times, currently standing at 5.35 CNY per share [4][5][7] Group 3: Interest and Redemption Process - The annual interest rate for the bonds is 2%, and the accrued interest for the redemption is calculated based on the formula provided [8][9] - The redemption process will be completed by September 5, 2025, when the redemption amount will be transferred to the bondholders' accounts [9][10]