ENERGY TECHNOLOGY(SZ:002812) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-12 23:21Core Viewpoint - Yunnan Enjie New Materials Co., Ltd. has announced the early redemption of its convertible bonds, "Enjie Convertible Bonds," with a redemption price of 101.44 yuan per bond, including accrued interest at an annual rate of 2.00% [1][17][20]. Summary by Sections Redemption Announcement - The company has decided to exercise its right to redeem the "Enjie Convertible Bonds" early, following a board meeting on October 9, 2025, where the decision was made based on current market conditions and the company's situation [2][16]. - The redemption price is set at 101.44 yuan per bond, which includes accrued interest [1][20]. Redemption Schedule - The key dates for the redemption process are as follows: - Redemption condition satisfaction date: October 9, 2025 - Redemption registration date: October 30, 2025 - Redemption date: October 31, 2025 - Trading suspension date: October 28, 2025 - Conversion suspension date: October 31, 2025 - Funds receipt date for the issuer: November 5, 2025 - Funds receipt date for bondholders: November 7, 2025 [3][26]. Convertible Bond Details - The "Enjie Convertible Bonds" were issued on February 11, 2020, with a total issuance of 16 million bonds, each with a face value of 100 yuan, amounting to a total of 160 million yuan [4]. - The initial conversion price was set at 64.61 yuan per share, which has undergone several adjustments due to corporate actions [5][8][10]. Conditional Redemption Terms - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period or if the remaining balance of unconverted bonds is less than 30 million yuan [14][16]. Accrued Interest Calculation - The accrued interest for the redemption is calculated based on the formula: IA = B × i × t / 365, where B is the total face value of the bonds held, i is the annual interest rate, and t is the number of days [15][18][19]. Redemption Process - The company will announce the redemption details daily leading up to the redemption date, and the bonds will cease trading on October 28, 2025 [23][24][26]. - All bondholders registered by the redemption registration date will be eligible for the redemption [22]. Other Matters - The company has confirmed that there have been no transactions involving the "Enjie Convertible Bonds" by major shareholders or executives in the six months prior to the redemption condition being met [27].