KHB(SZ:002022) Shang Hai Zheng Quan Bao·2025-09-14 19:46Core Points - The company announced the conditional redemption of its convertible bonds, "Kehua Convertible Bonds," with a redemption price of 100.241 RMB per bond, including interest and tax [1][7] - The redemption condition is triggered if the company's stock price falls below 70% of the conversion price for 30 consecutive trading days, specifically below 14.45 RMB per share [1][4] - The redemption period is set from September 10, 2025, to September 16, 2025, with the funds being transferred to bondholders by September 23, 2025 [2][10] Redemption Terms - The redemption price consists of the bond's face value plus accrued interest, calculated based on a 2.00% annual interest rate for the sixth interest period [5][6] - The accrued interest for the redemption period is calculated to be 0.241 RMB per bond, leading to a total redemption price of 100.241 RMB [6][7] - The company will not withhold income tax for certain investors, while individual investors will have a net redemption amount of 100.193 RMB after tax [7] Redemption Rights - Bondholders have the right to redeem either part or all of their unconverted "Kehua Convertible Bonds," and the redemption is not mandatory [8] - The company will publish announcements regarding the redemption conditions, application period, and payment methods in compliance with regulatory requirements [9] Redemption Process - Bondholders must submit their redemption applications through the Shenzhen Stock Exchange trading system during the specified application period [10] - The company will handle the redemption payments through the China Securities Depository and Clearing Corporation [10]