ENERGY TECHNOLOGY(SZ:002812) Shang Hai Zheng Quan Bao·2025-10-21 19:34Core Viewpoint - Yunnan Enjie New Materials Co., Ltd. has announced the early redemption of its convertible bonds, "Enjie Convertible Bonds," with specific terms and conditions outlined for bondholders [1][2]. Group 1: Redemption Details - The redemption price for "Enjie Convertible Bonds" is set at 101.44 yuan per bond, including accrued interest at an annual rate of 2.00% [1][2]. - The redemption conditions are met on October 9, 2025, with the redemption registration date on October 30, 2025, and the redemption date on October 31, 2025 [1][2][24]. - The bonds will cease trading on October 28, 2025, and cease conversion on October 31, 2025 [1][2][24]. Group 2: Bond Issuance and Market Performance - The company issued 16 million convertible bonds on February 11, 2020, with a total value of 160 million yuan and a maturity of six years [2][4]. - The initial conversion price was set at 64.61 yuan per share, which has undergone several adjustments due to corporate actions [5][6][8][10]. Group 3: Conditional Redemption Triggers - The conditional redemption clause allows the company 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 [14][16]. - The stock price has met this condition, triggering the early redemption process [16]. Group 4: Redemption Process and Timeline - The company will announce the redemption details daily leading up to the redemption date, ensuring bondholders are informed [24][22]. - The funds for the redemption will be credited to bondholders' accounts by November 7, 2025 [24][21]. Group 5: Additional Information - Bondholders must handle conversion requests through their respective securities firms, with a minimum conversion unit of one bond [26][27]. - The company has confirmed that there were no transactions of "Enjie Convertible Bonds" by major shareholders or executives in the six months prior to the redemption conditions being met [25].