温州宏丰: 关于“宏丰转债”赎回实施暨即将停止转股的重要提示性公告

Core Viewpoint - Wenzhou Hongfeng Electric Alloy Co., Ltd. announces the redemption of "Hongfeng Convertible Bonds" and the cessation of conversion into shares, urging investors to convert their bonds before the deadline [1][2][3] Summary by Sections Redemption Announcement - The last conversion date for "Hongfeng Convertible Bonds" is August 28, 2025, after which unconverted bonds will be redeemed at a price of 100.92 CNY per bond [1][2] - Investors are warned about the risks of not converting their bonds in time, as failure to do so may lead to losses [1][2] Bond Issuance and Trading - The company issued 3.2126 million convertible bonds on March 15, 2022, with a face value of 31,505.54 million CNY each, and the bonds began trading on April 8, 2022 [3][4] Conversion Terms - The initial conversion price was set at 6.92 CNY per share, which has been adjusted multiple times due to company actions, with the current conversion price being 5.35 CNY per share [5][6][8] Conditional Redemption Trigger - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 trading days from July 8 to July 31, 2025 [10] Redemption Process - The redemption price is determined based on the face value plus accrued interest, calculated to be 100.92 CNY per bond [10][11] - The redemption will be executed on September 5, 2025, with funds transferred directly to bondholders' accounts [11][12] Shareholder Actions - Shareholders are advised to resolve any pledges or freezes on their bonds before the conversion deadline to avoid complications [2][11]