Core Viewpoint - Guangdong Changqing (Group) Co., Ltd. has announced that its convertible bond "Changji Convertible Bond" may meet the redemption conditions due to the stock price performance, which has been above 130% of the conversion price for 10 trading days [2][10]. Group 1: Convertible Bond Issuance and Listing - The company issued 8 million convertible bonds with a total value of 800 million yuan, each with a face value of 100 yuan, approved by the China Securities Regulatory Commission on April 9, 2020 [3]. - The bonds were listed on the Shenzhen Stock Exchange on May 13, 2020, under the name "Changji Convertible Bond" [4]. Group 2: Conversion Period and Price Adjustments - The conversion period for the bonds is from April 15, 2020, to April 8, 2026 [5]. - The conversion price has been adjusted multiple times, with the latest adjustment on September 24, 2025, reducing the price from 5.30 yuan to 5.15 yuan per share [8]. Group 3: Conditional Redemption Terms - The company has the right to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [9]. - The current stock price has been above the threshold, indicating a potential trigger for the redemption clause [10]. Group 4: Other Matters - Investors are encouraged to refer to the full prospectus disclosed on April 7, 2020, for more details regarding the convertible bonds [11].
广东长青(集团)股份有限公司关于“长集转债”可能满足赎回条件的提示性公告