永和股份: 浙江永和制冷股份有限公司关于提前赎回“永和转债”的公告

Core Viewpoint - Zhejiang Yonghe Refrigeration Co., Ltd. has announced the early redemption of its convertible bonds ("Yonghe Convertible Bonds") due to the triggering of conditional redemption clauses as the company's stock price exceeded 130% of the conversion price for a specified period [1][5][6]. Group 1: Issuance and Listing of Yonghe Convertible Bonds - The Yonghe Convertible Bonds were approved by the China Securities Regulatory Commission and issued on October 11, 2022, with a total amount of 800 million yuan and a maturity of six years [2]. - The coupon rates for the bonds are structured to increase over the years, starting from 0.30% in the first year to 3.00% in the sixth year [3]. Group 2: Conditional Redemption Clauses - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [5]. - The redemption price will be the face value of the bonds plus accrued interest [5]. Group 3: Triggering of Redemption - From July 22, 2025, to August 25, 2025, the company's stock price met the condition for redemption, closing above 25.584 yuan per share for the required number of trading days [5][6]. Group 4: Decision on Early Redemption - On August 25, 2025, the company's board of directors approved the early redemption of the Yonghe Convertible Bonds, deciding to redeem all registered bonds at the face value plus accrued interest [6]. Group 5: Trading Activity of Related Parties - During the six months leading up to the redemption condition being met, the company's major stakeholders, including the controlling shareholder and board members, did not trade the Yonghe Convertible Bonds, except for specific transactions by the chairman [7].