苏州科达科技股份有限公司关于提前赎回“科达转债”的公告

Core Points - Suzhou Keda Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for 15 trading days [2][9] - The company’s board of directors has approved the early redemption of the convertible bonds to reduce the debt-to-asset ratio and optimize the capital structure [10][18] - Investors can either trade the convertible bonds in the secondary market or convert them at the conversion price of 6.38 CNY per share, or face forced redemption at 100 CNY per bond plus accrued interest [2][12] Convertible Bond Issuance Overview - The company issued 5.16 million convertible bonds on March 9, 2020, with a total amount of 516 million CNY and a maturity of 6 years [3] - The bonds were listed on the Shanghai Stock Exchange on April 8, 2020, under the name "Keda Convertible Bonds" [4] Conversion Price Adjustment - The initial conversion price was set at 14.88 CNY per share, which has been adjusted multiple times, with the latest adjustment bringing it to 6.38 CNY per share [5][6] - The conversion price adjustments were due to various corporate actions, including profit distributions and employee stock incentive plans [5][6] Conditional Redemption Clause - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days [9] - The redemption can also be triggered if the remaining unconverted bonds are less than 30 million CNY [7] Board Meeting and Approval - The board meeting held on September 17, 2025, unanimously approved the early redemption of the convertible bonds [18] - The board has authorized the management to handle all matters related to the redemption process [19]