CHINA HARZONE(SZ:300527) Zheng Quan Zhi Xing·2025-08-22 04:12Core Viewpoint - The company announces the implementation of the forced redemption of its convertible bonds, "Emergency Convertible Bonds," with a redemption price of 100.77 yuan per bond, effective after the market closes on August 22, 2025, and emphasizes the importance of bondholders converting their bonds into shares before the final conversion deadline on August 27, 2025 [1][2][3]. Summary by Sections Convertible Bond Basic Information - The company issued 8,189,312 convertible bonds on April 10, 2020, with a total issuance amount of 818.93 million yuan and a maturity period of 6 years [3][4]. - The conversion period for the bonds started on October 16, 2020, and will end on April 9, 2026 [4]. Conditional Redemption Trigger - From July 1 to July 21, 2025, the company's stock price met the condition of being at least 130% of the conversion price for 15 out of 30 consecutive trading days, triggering the conditional redemption clause [3][6][7]. Redemption Price and Process - The redemption price is set at 100.77 yuan per bond, which includes accrued interest calculated based on a 2.00% annual interest rate for 140 days [7][8]. - The redemption will be executed for all bondholders registered by the close of trading on August 27, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange thereafter [2][9]. Important Dates and Actions - Bondholders are advised to convert their bonds into shares before the final conversion date of August 27, 2025, to avoid potential losses due to the difference between the redemption price and the market price [1][2][9]. - The redemption funds will be credited to the bondholders' accounts on September 4, 2025 [9][10].