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正海磁材: 关于提前赎回正海转债的第五次提示性公告

Core Viewpoint - Yantai Zhenghai Magnetic Materials Co., Ltd. has decided to exercise the early redemption of its convertible bonds ("Zhenghai Convertible Bonds") due to the stock price meeting the conditions for conditional redemption, aiming to reduce interest expenses and improve capital efficiency [2][4]. Group 1: Convertible Bond Details - The company issued 14 million convertible bonds at a face value of 100 yuan each, totaling 1.4 billion yuan, approved by the China Securities Regulatory Commission [2][3]. - The initial conversion price of the bonds was set at 13.23 yuan per share, which has been adjusted due to annual equity distribution plans [3][4]. - The conditional redemption clause allows the company to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [4][6]. Group 2: Redemption Implementation - The redemption price is set at 100.50 yuan per bond, which includes accrued interest calculated based on a 0.60% annual coupon rate [5][6]. - The redemption process will commence on September 17, 2025, with the bonds ceasing to trade on the Shenzhen Stock Exchange, and the redemption funds will be credited to bondholders' accounts by September 29, 2025 [5][6]. - Bondholders are advised to convert their bonds into shares before the redemption date to avoid potential losses [1][2]. Group 3: Shareholder Transactions - Company executives, including the CFO and Vice Presidents, have engaged in trading the convertible bonds within six months prior to the redemption condition being met, with specific transaction details provided [6][7].