ST应急: 关于应急转债赎回实施暨即将停止转股的重要提示性公告

Core Viewpoint - The company announces the forced redemption of its convertible bonds ("应急转债") at a price of 100.77 yuan per bond, effective after the close of trading on August 27, 2025, and warns investors to convert their bonds before this date to avoid potential losses [1][2][3] Group 1: Convertible Bond Details - The company issued 8,189,312 convertible bonds with a total value of 818.93 million yuan, each with a face value of 100 yuan and a term of 6 years [3][4] - The conversion period for the bonds started on October 16, 2020, and will end on April 9, 2026 [4] - The conversion price was adjusted to 8.86 yuan per share and later to 7.06 yuan per share due to dividend distributions and market conditions [5][6] Group 2: Redemption Conditions - The redemption clause was triggered as the company's stock price met the condition of being at least 130% of the conversion price for 15 out of 30 trading days [3][7] - The redemption price of 100.77 yuan per bond includes accrued interest calculated based on a 2.00% annual interest rate [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] Group 3: Investor Guidance - Investors are advised to convert their bonds before the redemption date to avoid being forced to redeem at a price that may be lower than the market value [1][2] - Bondholders with pledged or frozen bonds should resolve these issues before the conversion deadline to ensure they can convert their bonds [2][9] - The company emphasizes the importance of consulting with their brokerage for the conversion process and related procedures [10]