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浙江海亮股份有限公司关于提前赎回“海亮转债”实施暨即将停止转股的重要提示性公告

Core Viewpoint - Zhejiang Hailiang Co., Ltd. has announced the early redemption of its convertible bonds, "Hailiang Convertible Bonds," due to the fulfillment of redemption conditions based on the company's stock performance [5][12]. Group 1: Redemption Details - The last conversion date for "Hailiang Convertible Bonds" is September 26, 2025, after which unconverted bonds will cease to be convertible [2]. - The redemption price for "Hailiang Convertible Bonds" is set at 101.710 CNY per bond, which includes accrued interest at an annual rate of 2.00% [3][17]. - The redemption conditions were met on August 25, 2025, allowing the company to exercise its right to redeem the bonds [4][12]. Group 2: Bond Issuance and Trading - The company issued 31.50 billion CNY worth of convertible bonds on November 21, 2019, with a maturity period of six years [6][7]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting December 16, 2019, under the name "Hailiang Convertible Bonds" [7]. Group 3: Conversion and Price Adjustments - The initial conversion price was set at 9.83 CNY per share, which has been adjusted multiple times due to annual equity distributions, with the latest adjustment bringing it to 9.20 CNY per share as of July 4, 2025 [8][10][11]. - The conversion period for the bonds began on May 27, 2020, and will last until the maturity date on November 21, 2025 [8]. Group 4: Redemption Process and Timeline - The bonds will stop trading on September 24, 2025, with the redemption registration date set for September 26, 2025 [20]. - The actual redemption will occur on September 29, 2025, with funds reaching bondholders' accounts by October 14, 2025 [21].