HUAYOU COBALT(SH:603799) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-01 05:23Core Viewpoint - The company has announced the early redemption of its convertible bonds, "华友转债," due to the stock price meeting the necessary conditions for redemption, which will take place on September 29, 2025 [1][2]. Redemption Announcement - The company’s board approved the early redemption of "华友转债" on August 29, 2025, and detailed the redemption process in subsequent announcements [2][3]. - The total amount to be redeemed is 8,543,522.93 yuan, including accrued interest, with a redemption price of 100.8918 yuan per bond [4][11]. Redemption Details - The redemption registration date is set for September 26, 2025, and all holders registered by this date will be eligible for redemption [3]. - The accrued interest for the bonds is calculated to be 0.8918 yuan per bond, leading to a total redemption price of 100.8918 yuan [5][7]. Impact on Company - As of the redemption registration date, the remaining balance of "华友转债" is 8,468,000 yuan, which represents 0.11% of the total issuance [8][12]. - The total stock capital will increase to 1,899,272,277 shares post-redemption, which may dilute earnings per share in the short term but is expected to enhance the company's capital strength and reduce the debt-to-asset ratio in the long run [12]. Share Conversion - By the redemption date, a total of 7,591,532,000 yuan of "华友转债" has been converted into A-shares, with 220,464,064 shares issued, accounting for 13.80% of the company's total shares before conversion [8][10]. Trading Suspension - "华友转债" will cease trading from September 24, 2025, and any unconverted bonds will be frozen and stop converting after the registration date [10].