ST东时: 关于召开“东时转债”2025年第一次债券持有人会议的提示性公告

Core Viewpoint - The company is undergoing a pre-restructuring process initiated by the Beijing First Intermediate People's Court, which has appointed a temporary management team to oversee the restructuring efforts. The company has signed a restructuring investment agreement with the restructuring investors, but as of the announcement date, the court has not yet issued a ruling on the acceptance of the restructuring application [1][2]. Group 1: Restructuring Process - The company received a decision from the Beijing First Intermediate People's Court on July 10, 2025, to initiate pre-restructuring, with a temporary management team appointed to manage the process [1]. - If the court formally accepts the restructuring application, the "Dongshi Convertible Bonds" will mature on the day the restructuring is accepted [2]. - The company proposes to hold a bondholders' meeting to determine the conversion period for the "Dongshi Convertible Bonds" if the court accepts the restructuring application [3][6]. Group 2: Bondholder Meeting Proposals - The bondholders' meeting is scheduled for September 1, 2025, to discuss key proposals regarding the "Dongshi Convertible Bonds" [3][5]. - The company suggests extending the conversion period for the bonds to 30 days after the court's acceptance of the restructuring application, allowing bondholders to exercise their conversion rights until 3:00 PM on the 30th day [6][7]. - Additionally, the company proposes to extend the trading period for the bonds to 15 days after the court's acceptance of the restructuring application [7]. Group 3: Financial Details - The company issued convertible bonds totaling 428 million yuan, with a maturity period of six years from April 9, 2020, to April 8, 2026, and an interest rate of 0.40% for the first year [4][5]. - The bonds were approved for public issuance by the China Securities Regulatory Commission on December 27, 2019, and began trading on the Shanghai Stock Exchange on April 30, 2020 [5].