HUAYOU COBALT(SH:603799) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-07 23:36Group 1 - The company announced the early redemption of its convertible bonds, "Hua You Convertible Bonds," which will be delisted from the Shanghai Stock Exchange on September 29, 2025 [1][14] - The last trading day for the "Hua You Convertible Bonds" is September 23, 2025, and the last conversion day is September 26, 2025 [3][13] - The redemption price is set at 100.8918 yuan per bond, which includes the face value and accrued interest [8][10] Group 2 - The company triggered the conditional redemption clause as the stock price was above 130% of the conversion price for 15 trading days from July 25 to August 29, 2025 [2][6] - Investors can either convert their bonds at a price of 34.43 yuan per share or sell them in the secondary market before the redemption date [2][19] - The company has provided a reminder for bondholders to convert or sell their bonds within the specified timeframe to avoid forced redemption [19][18] Group 3 - The company has a total external guarantee balance of 84.94 billion yuan as of August 31, 2025, primarily for its subsidiaries [23][24] - In August 2025, the company provided guarantees totaling 2.67 billion yuan, with a significant portion for subsidiaries with high debt ratios [23][25] - The company emphasizes that the guarantees are necessary for the normal operation of its subsidiaries and do not pose a risk to the company or its shareholders [29][30]