CHANT GROUP(SZ:002616) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-22 01:05Summary of Key Points Core Viewpoint The announcement from Guangdong Changqing (Group) Co., Ltd. details the cumulative conversion of its convertible bonds "Changji Convertible Bonds" and the upcoming redemption process, highlighting significant changes in shareholding and bond management. Group 1: Convertible Bond Conversion Status - As of October 20, 2025, the cumulative conversion of "Changji Convertible Bonds" reached 81,185,235 shares, accounting for 10.9431% of the total shares issued before conversion [2][9] - There are still 1,872,880 bonds unconverted, representing 23.4110% of the total issuance of 8,000,000 bonds [2][9] Group 2: Convertible Bond Issuance and Listing - The company issued 8 million convertible bonds on April 9, 2020, with a total value of 800 million yuan [3][15] - The bonds were listed on the Shenzhen Stock Exchange on May 13, 2020 [4][16] Group 3: Conversion Period and Price Adjustments - The conversion period for the bonds is from October 15, 2020, to April 8, 2026 [5][17] - The conversion price has been adjusted multiple times, currently set at 5.15 yuan per share as of September 24, 2025 [8][20] Group 4: Redemption Details - The company plans to redeem all unconverted bonds at a price of 101.151 yuan per bond, including interest, on November 4, 2025 [14][24] - The redemption conditions were met as the stock price exceeded 130% of the conversion price for 15 trading days [23][24] Group 5: Redemption Process and Timeline - The bonds will stop trading on October 30, 2025, with the redemption registration date set for November 3, 2025 [14][29] - Redemption funds will be credited to bondholders' accounts by November 11, 2025 [29][30]