信测标准: 关于提前赎回信测转债的第十一次提示性公告

Core Viewpoint - Shenzhen Xince Standard Technology Service Co., Ltd. has announced the early redemption of its convertible bonds "Xince Convertible Bonds" due to the triggering of conditional redemption clauses based on stock price performance [1][2]. Group 1: Convertible Bond Redemption Announcement - The company will redeem "Xince Convertible Bonds" at a price of 100.42 CNY per bond, which includes a taxable interest component [1][7]. - The redemption is set to occur after the bondholders are notified, and the bonds will be delisted from the Shenzhen Stock Exchange following the redemption [1][8]. - Bondholders are advised to convert their bonds into shares before the redemption date to avoid potential losses [1][2]. Group 2: Conditions for Redemption - The conditional redemption clause was triggered as the stock price was above 130% of the conversion price for at least 15 trading days within a 30-day period [2][6]. - The company’s board of directors approved the early redemption on August 8, 2025, based on current market conditions and the company's situation [2][3]. Group 3: Convertible Bond Issuance Details - The company issued 5,450,000 convertible bonds with a total value of 545 million CNY, approved by the China Securities Regulatory Commission [2][3]. - The initial conversion price was set at 36.89 CNY per share, which will be adjusted based on future corporate actions [3][4]. Group 4: Conversion Price Adjustments - The conversion price will be adjusted from 36.89 CNY to 25.76 CNY after a cash dividend and capital increase, effective from May 27, 2024 [4][5]. - A subsequent adjustment will lower the conversion price to 18.22 CNY effective from May 29, 2025, following another cash dividend and capital increase [5][6]. Group 5: Redemption Process and Timeline - The redemption process will involve all registered bondholders as of the redemption registration date, September 5, 2025 [7][8]. - The redemption funds will be transferred to the bondholders' accounts on September 15, 2025 [8].