温州宏丰: 关于“宏丰转债”摘牌的公告

Key Points Summary Core Viewpoint The company, Wenzhou Hongfeng Electric Alloy Co., Ltd., has issued convertible bonds known as "Hongfeng Convertible Bonds" with specific terms regarding issuance, conversion, and redemption, which are crucial for investors to understand the financial implications and future actions related to these bonds. Group 1: Convertible Bond Issuance - The company issued 3.2126 million convertible bonds on March 15, 2022, with a net face value of RMB 31,505.54 million per bond [1] - The bonds were listed for trading on the Shenzhen Stock Exchange starting April 8, 2022, under the name "Hongfeng Convertible Bonds" and code "123141" [1] Group 2: Conversion Terms - The conversion period for the bonds started on March 21, 2022, and will last until the maturity date [2] - The initial conversion price was set at RMB 6.92 per share, which was later adjusted to RMB 6.88 per share on June 29, 2022, following a cash dividend distribution [2] - Further adjustments were made to the conversion price, reducing it to RMB 5.39 per share on November 4, 2022, and subsequently to RMB 5.37 per share on June 28, 2023, and RMB 5.35 per share on June 18, 2024, due to additional dividend distributions [3][4][6] Group 3: Redemption Terms - The bonds have conditional redemption clauses, allowing the company to redeem the bonds if the stock price exceeds 130% of the conversion price for a specified period [7] - The redemption price is set at RMB 100.92 per bond, which includes accrued interest calculated based on a 2.0% annual interest rate [8] - The total redemption amount for 7,998 bonds is RMB 807,158.16, and the bonds will be delisted from the Shenzhen Stock Exchange on September 8, 2025, after full redemption [9]