Zhongtai Securities(SH:600918) Zheng Quan Zhi Xing·2025-08-24 16:13Group 1 - The core viewpoint of the article is that the company Jinxiandai Information Industry Co., Ltd. has received approval for the early redemption of its convertible bonds, known as "Jinxian Convertible Bonds" [1][6] - The total amount of the convertible bonds issued is 202,512,500.00 yuan, with each bond having a face value of 100 yuan, resulting in a total of 2,025,125 bonds [1][2] - The bonds will be listed on the Shenzhen Stock Exchange starting from December 19, 2023, under the code "123232" [1][2] Group 2 - The conversion period for the bonds is from June 3, 2024, to November 26, 2029, allowing bondholders to convert their bonds into shares [2] - The initial conversion price is set at 9.39 yuan per share, which will be adjusted to 9.37 yuan per share after the company's annual dividend distribution [2][3] - As of the date of the report, the conversion price stands at 9.35 yuan per share following another dividend distribution [3] Group 3 - The bonds have conditional redemption clauses that allow the company to redeem them if the stock price exceeds 130% of the conversion price for 15 out of 30 consecutive trading days or if the remaining unconverted bonds are less than 30 million yuan [3][4] - The redemption price is calculated to be 100.41 yuan per bond, which includes accrued interest [4] - The redemption process will involve all registered bondholders as of September 23, 2025, with funds expected to be transferred to their accounts by October 9, 2025 [4][5] Group 4 - The board of directors of the company has approved the early redemption of the bonds, and the necessary approval procedures have been followed [6][7] - The underwriting institution, Zhongtai Securities, has no objections to the early redemption of the bonds, confirming compliance with relevant regulations [6][7]