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 conditions for redemption were met as the company's stock price exceeded 130% of the conversion price for 15 trading days [11][12]. Group 2: Timeline and Procedures - The redemption conditions satisfaction date is August 25, 2025, with the bonds ceasing to trade on September 24, 2025 [4][20]. - The redemption registration date is September 26, 2025, and the actual redemption will occur on September 29, 2025 [4][21]. - Funds from the redemption will be credited to investors' accounts by October 14, 2025 [21]. Group 3: Bond Issuance and Trading - The company issued 31.50 billion CNY worth of convertible bonds on November 21, 2019, with a maturity of six years [6][7]. - The initial conversion price was set at 9.83 CNY per share, which has been adjusted multiple times due to annual equity distributions [8][10][11].
浙江海亮股份有限公 关于“海亮转债”即将停止转股暨赎回前最后一个交易日的重要提示性公告