江苏华宏科技股份有限公司关于提前赎回“华宏转债”的第八次提示性公告

Core Viewpoint - Jiangsu Huahong Technology Co., Ltd. has announced the early redemption of its convertible bonds, "Huahong Convertible Bonds," due to the fulfillment of redemption conditions based on stock price performance [4][10]. Group 1: Redemption Details - The redemption price for "Huahong Convertible Bonds" is set at 100.79 CNY per bond, including accrued interest at an annual rate of 1% [2][14]. - The redemption conditions are satisfied as of August 26, 2025, with the bonds ceasing to trade on September 12, 2025, and the redemption date set for September 17, 2025 [3][21]. - Investors must ensure that any pledged or frozen bonds are released before the stop of conversion on September 17, 2025, to avoid forced redemption [3][11]. Group 2: Bond Issuance and Trading - The company issued 515 million CNY worth of convertible bonds, with a face value of 100 CNY each, and the net proceeds after issuance costs were approximately 504 million CNY [4][5]. - The bonds were listed on the Shenzhen Stock Exchange on January 10, 2023, under the name "Huahong Convertible Bonds" [6]. Group 3: Conversion and Price Adjustments - The initial conversion price was set at 15.65 CNY per share, which was adjusted to 15.45 CNY on June 1, 2023, and further reduced to 13.91 CNY on July 3, 2023, and finally to 13.92 CNY on August 2, 2023 [8][9]. - The conversion period for the bonds started on June 8, 2023, and will last until the maturity date on December 1, 2028 [7]. Group 4: Redemption Procedures - The company will issue daily announcements regarding the redemption process leading up to the redemption date [17]. - The funds for the redemption will be credited to the bondholders' accounts by September 24, 2025 [21].