CHANT GROUP(SZ:002616) Shang Hai Zheng Quan Bao·2025-10-20 19:11Core Viewpoint - The company has decided to exercise its right to redeem the "Changji Convertible Bonds" early due to the current market conditions and the company's situation, following the approval from the board of directors [4][13]. Group 1: Redemption Details - The redemption price for the "Changji Convertible Bonds" is set at 101.151 yuan per bond, which includes the accrued interest for the current period at an annual interest rate of 2% [2][14]. - The conditions for redemption are met as the company's stock price has been above 130% of the current conversion price for at least 15 trading days [13]. - The redemption schedule includes the following key dates: - Redemption condition satisfaction date: October 13, 2025 - Last trading day: October 30, 2025 - Redemption registration date: November 3, 2025 - Stop conversion date: November 4, 2025 - Redemption date: November 4, 2025 - Funds arrival date: November 7, 2025 - Investor funds arrival date: November 11, 2025 [3][17]. Group 2: Convertible Bond Information - The company issued 8 million convertible bonds with a total value of 800 million yuan, with each bond having a face value of 100 yuan [5][6]. - The conversion period for the bonds is from April 15, 2020, to April 8, 2026 [6]. - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 5.15 yuan per share effective from September 24, 2025 [9][10]. Group 3: Shareholding Changes - The conversion of the "Changji Convertible Bonds" has led to a passive dilution of the shareholding percentage of the controlling shareholders and their concerted actors, without any change in the number of shares held [23][26]. - The total share capital increased from 810,061,505 shares to 814,086,610 shares due to the conversion [24].