明阳电路: 关于提前赎回“明电转债”的第十九次提示性公告

Core Viewpoint - Shenzhen Mingyang Circuit Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to the decision to redeem the bonds early [2][10]. Group 1: Convertible Bond Details - The company issued 67.3 million convertible bonds with a face value of 100.00 yuan each, totaling 6.73 billion yuan [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on January 5, 2021, under the name "Mingdian Convertible Bonds" with the code "123087" [3]. - The initial conversion price was set at 24.23 yuan per share, which has been adjusted multiple times, currently standing at 11.89 yuan per share as of May 30, 2024 [3][7][9]. Group 2: Redemption Conditions and Process - The redemption clause was triggered as the stock price was at least 130% of the conversion price for 15 out of 30 consecutive trading days, specifically reaching 15.314 yuan per share [2][10]. - The redemption price is set at 101.83 yuan per bond, which includes accrued interest calculated based on a 2.50% annual interest rate [10][11]. - The redemption will be executed on September 8, 2025, with funds transferred to bondholders' accounts by September 15, 2025 [11][12]. Group 3: Shareholder Information - The company confirmed that there were no transactions involving the convertible bonds by major shareholders or executives in the six months leading up to the redemption condition being met [12].