广东蒙泰高新纤维股份有限公司关于提前赎回蒙泰转债的第九次提示性公告

Core Viewpoint - The company, Guangdong Montai High-tech Fiber Co., Ltd., has announced the early redemption of its convertible bonds, "Montai Convertible Bonds," due to the fulfillment of conditional redemption criteria based on stock price performance [4][11]. Summary by Sections Redemption Announcement - The redemption price for "Montai Convertible Bonds" is set at 101.19 CNY per bond, including accrued interest at an annual rate of 1.20% [2][12]. - The redemption will occur on October 30, 2025, with the last trading day for the bonds being October 27, 2025 [3][16]. Conditions for Redemption - The conditional redemption clause was triggered as the stock price closed above 130% of the conversion price (30.511 CNY) for at least 15 trading days within a 30-day period [4][11]. - The company’s board approved the early redemption on September 29, 2025, to reduce interest expenses and improve capital efficiency [4][5]. Bond Issuance Details - The company issued 3,000,000 convertible bonds at a face value of 100 CNY each, raising a total of 300 million CNY [5]. - The bonds were listed on the Shenzhen Stock Exchange on November 25, 2022, with an initial conversion price of 26.15 CNY per share [5][6]. Conversion Price Adjustments - The conversion price was adjusted to 25.95 CNY per share on April 27, 2023, and further adjusted to 25.75 CNY on May 7, 2024, following cash dividend distributions [6][7]. - The conversion price was subsequently revised down to 23.47 CNY per share effective November 7, 2024 [8]. Redemption Process - The redemption will be executed for all bondholders registered by the redemption registration date of October 29, 2025 [13]. - The funds from the redemption will be credited to bondholders' accounts by November 6, 2025 [16]. Additional Information - Bondholders must ensure they have the necessary trading permissions to convert their bonds into shares, as those who do not meet the requirements will not be able to convert [3][18]. - The company will publish redemption notices daily leading up to the redemption date [14].