Core Viewpoint - Yantai Zhenghai Magnetic Materials Co., Ltd. has decided to exercise the early redemption of its convertible bonds to reduce interest expenses and improve capital efficiency [1][2]. Group 1: Board Meeting and Decisions - The sixth board of directors held its fourth meeting on August 22, 2025, with all nine directors present, and the meeting complied with the Company Law and the company's articles of association [1]. - The board approved the proposal for the early redemption of Zhenghai Convertible Bonds, as the company's stock met the conditions for redemption during the specified period [1][2]. Group 2: Financial Strategy - The decision to redeem the bonds was made to lower financial costs and enhance the efficiency of fund utilization, reflecting a strategic move to manage financial expenses effectively [2]. - The board's resolution for the early redemption was passed unanimously with nine votes in favor and no votes against or abstentions [2].
正海磁材: 六届董事会第四次会议决议公告