TRUCHUM(SZ:002171) Sou Hu Cai Jing·2025-08-26 02:31Core Points - On August 25, 2025, China Chengxin International announced the termination of credit ratings for Anhui Chuangjiang Technology New Materials Co., Ltd. and related debt instruments [1][2] - The company had issued "Chuangjiang Convertible Bonds" in June 2020, which were rated by China Chengxin International [1] - As of May 14, 2025, the company's main credit rating was maintained at AA with a stable outlook, and the "Chuangjiang Convertible Bonds" also retained an AA rating [1] - On August 22, 2025, the company announced the full redemption of the "Chuangjiang Convertible Bonds," with a total redemption payment of 496,925.22 yuan [1] - The total balance of "Chuangjiang Convertible Bonds" as of the redemption registration date was 495,000 yuan, representing 0.027% of the total issuance [1] - Following the redemption, the bonds were delisted, and the company no longer had any outstanding bonds rated by China Chengxin International [1] Summary by Sections Credit Rating - China Chengxin International decided to terminate the credit ratings for Chuangjiang New Materials and its convertible bonds, effective immediately upon the announcement [2] - The previous ratings will no longer be updated [2] Bond Redemption - The company exercised its right to redeem all "Chuangjiang Convertible Bonds" as of August 13, 2025, with the redemption completed by August 21, 2025 [1] - The total amount paid for the redemption was 496,925.22 yuan, excluding redemption fees [1]