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新强联: 关于提前赎回“强联转债”的公告

Core Viewpoint - The company, Luoyang Xinqianglian Slewing Bearing 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 to reduce interest expenses and improve capital efficiency [3][9]. Group 1: Convertible Bond Redemption - The company will redeem the "Qianglian Convertible Bonds" at a price of 100.99 yuan per bond, with a reminder for bondholders to convert their bonds into shares within the specified period to avoid potential losses [2][9]. - The redemption was triggered as the company's stock price met the condition of being at least 130% of the conversion price (28.34 yuan) for 15 out of 30 trading days [3][9]. - The total issuance of the convertible bonds was 121 million yuan, and they were listed on the Shenzhen Stock Exchange on October 27, 2022 [4]. Group 2: Bond Conversion and Price Adjustments - The conversion period for the bonds started on April 17, 2023, and will last until the maturity date of October 10, 2028 [4]. - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 21.80 yuan per share, effective from May 23, 2025 [7][9]. - The company has the right to adjust the conversion price based on specific conditions outlined in the offering prospectus [6][7]. Group 3: Redemption Process and Conditions - The redemption process will involve all bondholders registered with China Securities Depository and Clearing Corporation as of September 30, 2025 [10]. - The company will not withhold taxes on the interest income for bondholders, and the redemption will be processed through the bondholders' brokerage accounts [10][12]. - The company has confirmed that there were no transactions of the convertible bonds by major shareholders or executives in the six months prior to the redemption condition being met [12].