TNMG(SZ:000630) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-11 04:51Core Points - The company will redeem all unconverted bonds of "Tongling Ding 02" on October 13, 2025, after the last conversion date on October 10, 2025, which may lead to losses for investors who do not convert in time [2][4][24] - The redemption price for "Tongling Ding 02" is set at 100.063 yuan per bond, including accrued interest, with a current annual interest rate of 1.1% [3][14] - The bond's conversion price was adjusted to 3.20 yuan per share as of June 23, 2025, and the conversion period is from March 27, 2024, to September 20, 2029 [8][9][10] Redemption Details - The redemption conditions were met as the company's stock price exceeded 130% of the conversion price for 15 trading days [10][11] - The redemption registration date is October 10, 2025, and the funds will be credited to investors' accounts by October 20, 2025 [19][20] - The bond will be delisted from the Shenzhen Stock Exchange after the redemption is completed [24] Bond Issuance Information - The company issued 21,460,000 convertible bonds under the code "124024" with a total fundraising amount not exceeding 2.146 billion yuan [6][8] - The bonds were approved for issuance by the China Securities Regulatory Commission on July 12, 2023, and were listed on the Shenzhen Stock Exchange starting March 6, 2024 [7][8] Conversion and Redemption Procedures - Investors must apply for conversion through the securities company that holds the bonds, with a minimum conversion unit of one bond [22] - The company will provide daily announcements regarding the redemption process leading up to the redemption date [17]