明阳电路: 关于“明电转债”赎回实施暨即将停止转股的重要提示性公告

Core Viewpoint - The company announces the mandatory redemption of its convertible bonds ("Mingdian Convertible Bonds") on September 8, 2025, at a price of 101.83 yuan per bond, urging investors to convert their bonds into shares before the deadline to avoid potential losses [1][2][3] Group 1: Redemption Details - The "Mingdian Convertible Bonds" will stop conversion after the market closes on September 5, 2025, with only one trading day left before the redemption date [1][2] - The redemption price is set at 101.83 yuan per bond, which includes accrued interest calculated based on a 2.5% annual interest rate [10][12] - The company has triggered the conditional redemption clause as the stock price met the required threshold for at least 15 trading days within a 30-day period [2][10] Group 2: Bond Issuance and Market Performance - The company issued 67.3 million convertible bonds with a face value of 100 yuan each, totaling 6.73 billion yuan, which were listed on the Shenzhen Stock Exchange on January 5, 2021 [3][4] - The initial conversion price was set at 24.23 yuan per share, later adjusted down to 11.89 yuan per share as of May 30, 2024, due to various factors including profit distribution [4][7][9] Group 3: Investor Guidance - Investors are advised to pay attention to the risks associated with the inability to convert their bonds if they are under pledge or freeze [2][3] - The company emphasizes the importance of timely conversion to avoid losses, given the significant difference between the market price and the redemption price [2][10]