Huahong Technology(SZ:002645) Shang Hai Zheng Quan Bao·2025-09-02 20:27Core Viewpoint - Jiangsu Huahong Technology Co., Ltd. has announced the early redemption of its convertible bonds, "Huahong Convertible Bonds," with specific details regarding the redemption price and schedule [1][2][3]. Group 1: Redemption Details - The redemption price for "Huahong Convertible Bonds" is set at 100.79 yuan per bond, including accrued interest at an annual rate of 1% [1][2][12]. - The conditions for redemption are met as of August 26, 2025, with the bonds ceasing to trade on September 12, 2025, and the redemption date set for September 17, 2025 [2][3][16]. - Investors must ensure that any bonds not converted by the redemption registration date (September 16, 2025) will be forcibly redeemed, and the bonds will be delisted from the Shenzhen Stock Exchange after redemption [2][3][16]. Group 2: Convertible Bond Issuance and Trading - The company issued convertible bonds totaling 515 million yuan, with a face value of 100 yuan per bond, and the bonds began trading on January 10, 2023 [4][5][20]. - The initial conversion price was set at 15.65 yuan per share, which has been adjusted multiple times, with the latest adjustment bringing it to 13.92 yuan per share effective August 2, 2023 [7][8][20]. Group 3: Share Dilution Impact - The conversion of the bonds has led to an increase in the total share capital by 15,080,047 shares, raising the total from 601,126,827 shares to 616,206,874 shares [21][22]. - The holding percentage of the controlling shareholder and actual controller has been diluted from 38.94% to 37.98% due to the increase in total shares, but this does not affect the control of the company [21][22].