LY iTECH(SZ:002600) Shang Hai Zheng Quan Bao·2025-09-24 21:16Summary of Key Points Core Viewpoint - The company, Guangdong Lingyi Intelligent Manufacturing Co., Ltd., has announced the early redemption of its convertible bonds, "Lingyi Convertible Bonds," due to the fulfillment of specific conditions related to the stock price performance [3][5]. Redemption Overview - The redemption price for "Lingyi Convertible Bonds" is set at 100.181 yuan per bond, which includes accrued interest at an annual rate of 0.20% [2][9]. - The conditions for early redemption were met as the stock price closed at or above 130% of the conversion price for at least 15 out of 30 consecutive trading days [5][6]. - The redemption process includes a series of important dates: - Last trading day: October 10, 2025 - Redemption registration date: October 14, 2025 - Redemption date: October 15, 2025 - Funds credited to the issuer: October 20, 2025 - Redemption funds credited to bondholders: October 22, 2025 [4][14]. Redemption Conditions - The company has the right to redeem the bonds if either of the following conditions is met: 1. The stock price remains at or above 130% of the conversion price for at least 15 trading days within a 30-day period. 2. The remaining balance of unconverted bonds is less than 30 million yuan [6][7]. Redemption Implementation - The company will fully redeem all "Lingyi Convertible Bonds" registered as of the redemption registration date [11][14]. - Bondholders are advised to convert their bonds before the conversion suspension date to avoid being forced to redeem at the set price [3][12]. Additional Information - The company will publish redemption notices on trading days leading up to the redemption date to keep bondholders informed [12]. - The company’s actual controller and major shareholders have not engaged in any transactions involving "Lingyi Convertible Bonds" in the six months prior to the fulfillment of the redemption conditions [15].