Humon Share(SZ:002237) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-22 01:05Core Viewpoint - The company has decided to exercise its right to redeem the "Hengbang Convertible Bonds" early, based on current market conditions and the company's situation, following the approval from the board of directors [3][8]. Group 1: Redemption Details - The redemption price for "Hengbang Convertible Bonds" is set at 100.28 CNY per bond, which includes the accrued interest for the current period at an annual interest rate of 0.6% [2][10]. - The redemption conditions are met as of October 17, 2025, and the bonds will be fully redeemed on November 28, 2025, with the last trading day being November 25, 2025 [2][3][12]. - Investors are advised to convert their bonds before the trading halt to avoid being forced to redeem them [3][8]. Group 2: Bond Issuance and Trading - The company issued 31.6 million convertible bonds on June 12, 2023, with a total fundraising amount of 316 million CNY, netting approximately 312.99 million CNY after expenses [4]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting July 7, 2023, under the name "Hengbang Convertible Bonds" [4]. Group 3: Conversion and Adjustment - The conversion period for the bonds is from December 18, 2023, to June 11, 2029, with adjustments to the conversion price occurring based on annual equity distributions [5][6]. - The conversion price was adjusted from 11.46 CNY to 11.33 CNY on June 12, 2024, and further adjusted to 11.19 CNY on June 12, 2025 [6]. Group 4: Redemption Procedures - The redemption process includes daily announcements leading up to the redemption date, with specific dates for trading halts, redemption registration, and fund disbursement to bondholders [12][14][15]. - The company will publish the redemption results and delisting announcement after the redemption is completed [15].