Core Viewpoint - The company has decided to exercise its right to redeem the "San Yang Convertible Bonds" early due to favorable market conditions and its own financial situation [3]. Group 1: Redemption Details - The redemption price for the "San Yang Convertible Bonds" is set at 100.49 CNY per bond, which includes the accrued interest for the current period at an annual interest rate of 0.50% [2][10]. - The redemption conditions are met as of September 16, 2025, and the bonds will stop trading on October 14, 2025 [2][3]. - The redemption date is scheduled for October 17, 2025, and the funds will be credited to investors' accounts by October 24, 2025 [3][15]. Group 2: Bond Issuance and Terms - The "San Yang Convertible Bonds" were issued on November 17, 2023, with a total of 2.1 million bonds and a total fundraising amount of 210 million CNY [4]. - The bond's conversion period is from May 1, 2024, to October 25, 2029, with an initial conversion price of 37.65 CNY per share, which has been adjusted to 37.43 CNY due to cash dividends [5][6]. Group 3: Conditional Redemption Clauses - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for 15 out of 30 consecutive trading days [6]. - The company reserves the right to redeem all or part of the unconverted bonds if the remaining balance is less than 30 million CNY [6]. Group 4: Redemption Process - The company will announce the redemption details daily leading up to the redemption date [12]. - Bondholders must ensure that any pledged or frozen bonds are released before the conversion stop date to avoid forced redemption [2][15]. Group 5: Additional Information - The company has confirmed that there have been no transactions of the "San Yang Convertible Bonds" by major shareholders or executives in the six months prior to the redemption conditions being met [16]. - Bondholders must consult their securities company for the conversion process, and the minimum conversion unit is one bond [17][18].
三羊马（重庆）物流股份有限公司关于提前赎回“三羊转债”的第六次提示性公告