广东蒙泰高新纤维股份有限公司关于2025年第三季度可转债转股情况的公告

Core Viewpoint - The company announced the conversion and redemption details of its convertible bonds, "Montai Convertible Bonds," highlighting the bond conversion activity and the upcoming mandatory redemption due to the stock price conditions met [2][12][19]. Group 1: Convertible Bond Issuance and Trading - The company issued 3,000,000 convertible bonds on November 2, 2022, with a total fundraising amount of RMB 300 million [3][14]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting November 25, 2022, under the code "123166" [4][15]. Group 2: Conversion and Remaining Bonds - In the third quarter of 2025, 779,593 bonds were converted into 3,321,381 shares, leaving 2,219,805 bonds remaining with a total face value of RMB 221,980,500 [2][8]. - The current effective conversion price is RMB 23.47 per share, adjusted from an initial price of RMB 26.15 [5][37]. Group 3: Redemption Conditions and Details - The company triggered the conditional redemption clause as the stock price exceeded 130% of the conversion price for 15 trading days [12][24]. - The redemption price is set at RMB 101.19 per bond, including accrued interest, with the redemption date scheduled for October 30, 2025 [10][25][26]. Group 4: Impact on Shareholding Structure - The conversion of bonds has led to a dilution of the controlling shareholder's equity from 61.56% to 60.39% without changing the number of shares held [36][37]. - This dilution does not involve a change in control or governance structure of the company [39].