华宏科技: 关于提前赎回华宏转债的公告

Core Viewpoint - Jiangsu Huahong Technology Co., Ltd. has announced the early redemption of its convertible bonds "Huahong Convertible Bonds" due to the stock price meeting the necessary conditions for redemption [1][2][5] Group 1: Convertible Bond Issuance and Redemption - The company issued convertible bonds totaling 515 million yuan, with a face value of 100 yuan per bond, approved by the China Securities Regulatory Commission [2] - The board of directors decided to exercise the early redemption rights for the "Huahong Convertible Bonds" based on current market conditions [2][3] - The redemption price is set at 100.79 yuan per bond, which includes accrued interest calculated at a rate of 1% [6][7] Group 2: Conversion and Adjustment Details - The conversion period for the bonds started on June 8, 2023, and will end on December 1, 2028 [3] - The conversion price was adjusted from 15.45 yuan to 13.91 yuan on July 3, 2023, and further adjusted to 11.14 yuan effective May 20, 2024 [3][5] - The bonds can be redeemed if the stock price remains above 130% of the conversion price for at least 15 trading days within a 30-day period [5][6] Group 3: Redemption Process and Procedures - The redemption will be executed for all bondholders registered with the China Securities Depository and Clearing Corporation Limited by the redemption registration date of September 16, 2025 [7] - The redemption funds will be directly transferred to the bondholders' accounts through their custodial brokers [7] - After the redemption is completed, the "Huahong Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [1][7]