ENERGY TECHNOLOGY(SZ:002812) Shang Hai Zheng Quan Bao·2025-10-15 19:39Core Viewpoint - Yunnan Enjie New Materials Co., Ltd. has announced the early redemption of its convertible bonds, "Enjie Convertible Bonds," due to the fulfillment of redemption conditions based on stock price performance [4][18]. Group 1: Redemption Details - The redemption price for "Enjie Convertible Bonds" is set at 101.44 CNY per bond, including accrued interest at an annual rate of 2.00% [2][21]. - The redemption conditions were met on October 9, 2025, and the bonds will be fully redeemed on October 31, 2025 [3][18]. - The last trading day for "Enjie Convertible Bonds" will be October 28, 2025, after which trading will cease [3][26]. Group 2: Bond Issuance and Trading - The company issued 16 million convertible bonds on February 11, 2020, with a total value of 160 million CNY and a maturity of six years [4][6]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting February 28, 2020 [6]. Group 3: Conversion Price Adjustments - The initial conversion price was set at 64.61 CNY per share, which has undergone several adjustments due to corporate actions, with the latest adjustment bringing it to 66.26 CNY per share as of September 21, 2023 [8][12]. - The conversion price was significantly reduced to 32.00 CNY per share on February 11, 2025, following a downward adjustment process [14]. Group 4: Redemption Process - The redemption process includes a series of announcements leading up to the redemption date, with the final redemption payment to bondholders scheduled for November 7, 2025 [24][26]. - All bondholders registered by the redemption registration date will be eligible for the redemption [23].