Summary of Key Points Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "金轮转债," despite triggering the conditional redemption clause due to stock prices exceeding 130% of the conversion price for 15 trading days. Group 1: Convertible Bond Issuance and Redemption - The company issued convertible bonds totaling 214 million yuan, approved by the China Securities Regulatory Commission [1][2] - The bonds were listed on the Shenzhen Stock Exchange on November 8, 2019, under the code "128076" [2] - The initial conversion price was set at 14.96 yuan per share, with adjustments made over time due to equity distributions [2][3] - The conditional redemption clause was triggered as the stock price reached 17.34 yuan, which is 130% of the current conversion price of 13.34 yuan [5] Group 2: Decision on Early Redemption - The board of directors convened on August 26, 2025, and resolved not to redeem the bonds early, considering market conditions and the company's situation [5][6] - The company plans to redeem the bonds at maturity on October 14, 2025, and will delist them thereafter [5][6] Group 3: Shareholder Transactions - There have been no transactions of "金轮转债" by major shareholders or executives in the six months prior to the redemption condition being met [6] - The company has not received any plans for future reductions in holdings of "金轮转债" from these stakeholders [6]
物产金轮: 关于不提前赎回金轮转债的公告