Huahong Technology(SZ:002645) Shang Hai Zheng Quan Bao·2025-09-11 18:45Core Viewpoint - Jiangsu Huahong Technology Co., Ltd. has announced the redemption of its convertible bonds ("Huahong Convertible Bonds") and the cessation of conversion rights, urging investors to convert their bonds before the deadline [2][4]. Group 1: Redemption Details - The last conversion date for "Huahong Convertible Bonds" is September 16, 2025, after which unconverted bonds will be redeemed [2][4]. - The redemption price is set at 100.79 yuan per bond, which includes accrued interest at an annual rate of 1% [3][14]. - The bonds will stop trading on September 12, 2025, and the redemption registration date is September 16, 2025 [4][5]. Group 2: Bond Issuance and Trading - The company issued 515 million yuan worth of convertible bonds, with a face value of 100 yuan each, totaling 5.15 million bonds [6][7]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting January 10, 2023 [7]. Group 3: Conversion and Redemption Conditions - The conversion period for the bonds began on June 8, 2023, and will end on December 1, 2028 [8]. - The bonds can be redeemed if the company's stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [11][12]. Group 4: Important Dates and Procedures - The redemption date is September 17, 2025, with funds reaching investors' accounts by September 24, 2025 [5][18]. - Investors must convert their bonds through the securities company that holds their bonds, with a minimum conversion unit of one bond [20].